How Much Does Cole Caufield Make A Year?
Cole Caufield makes more than $9 million a year. He has a base stipend of $4,975,000 except for bonuses, promotions, and endorsements.
The player has received a signing bonus worth $10,000,000. The Canadiens will pay the amount in two installments of $5 million each in the 2023-24 and 2024-25 seasons.
The signing bonus offered does not depend on the player's performance. However, the players will receive additional bonuses if they perform well in the tournaments.
Caufield has a cap hit of $7,800,000. Cap hit is the amount that results by dividing the total pay offered and signing bonuses by the length of the contract.
After the three seasons, Cole's paycheck will drop to $8,705,000. He will book a paycheck of $6,215,000 in the 2027-28 season. In the last three seasons of the deal, he will receive an annual wage of $5,985,000.
Previously, the player received an annual payment of more than $7,000,000 from his entry-level contract (ELC). He generated over $21,000,000 in the prior three seasons.