According to Bernstein, the Kings will be buying out one veteran contract this offseason.
72 and Cloudy in Los Angeles — The Fourth Period
Who else would we be buying out? Kovalchuk? Carter? Quick?
Here are the details if we buyout Phaneuf:
Dion Phaneuf Contract Buyout Details - CapFriendly - NHL Salary Caps
[TABLE="class: tbl"][TBODY][TR][TD]SEASON[/TD][TD]BASE SALARY[/TD][TD]INITIAL CAP HIT[/TD][TD]ACTUAL COST[/TD][TD]SAVINGS[/TD][TD]FINAL CAP HIT[/TD][/TR]
[TR][TD]2019-20[/TD][TD]$5,500,000[/TD][TD]$7,000,000[/TD][TD]$1,416,667[/TD][TD]$4,083,333[/TD][TD]
$2,916,667[/TD][/TR]
[TR][TD]2020-21[/TD][TD]$3,000,000[/TD][TD]$7,000,000[/TD][TD]$1,416,667[/TD][TD]$1,583,333[/TD][TD]
$5,416,667[/TD][/TR]
[TR][TD]2021-22[/TD][TD]$0[/TD][TD]$0[/TD][TD]$1,416,667[/TD][TD]-$1,416,667[/TD][TD]
$1,416,667[/TD][/TR]
[TR][TD]2022-23[/TD][TD]$0[/TD][TD]$0[/TD][TD]$1,416,667[/TD][TD]-$1,416,667[/TD][TD]
$1,416,667[/TD][/TR]
[TR][TD]TOTAL[/TD][TD]$8,500,000[/TD][TD]$14,000,000[/TD][TD]$5,666,667[/TD][TD]$2,833,333[/TD][TD]
$11,166,667[/TD][/TR][/TBODY][/TABLE]