Contract Buyout Calculator - Joe Veleno, 2025
Contract Being Bought Out
| Season | Age* | Clause | Cap Hit | AAV | Perf. Bonus | Sign. Bonus | Salary | Compensation | Minors Salary | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024-25 | 24 | $2,275,000 | $2,275,000 | - | - | $2,275,000 | $2,275,000 | $2,275,000 | ||
| 2025-26 | 25 | $2,275,000 | $2,275,000 | - | $500,000 | $1,775,000 | $2,275,000 | $2,275,000 | ||
| Total | - | $500,000 | $4,050,000 | $4,550,000 | $4,550,000 |
Signed:
Team: Detroit Red Wings
GM: -
Exp. Status:
Cap %:
Buyout Impact on Detroit Red Wings (One-Third Buyout)
| Season | Original Compensation | Buyout Compensation | Compensation Savings | Original Caphit | Buyout Caphit | Caphit Savings |
|---|---|---|---|---|---|---|
| 2025-26 | $2,275,000 | $795,833 | $1,479,167 | $2,275,000 | $795,833 | $1,479,167 |
| 2026-27 | $0 | $295,833 | $-295,833 | $0 | $295,833 | $-295,833 |