A Johnny Gaudreau buyout spans 10 years, has a cost of $25,833,333 and savings of $12,916,667. Gaudreau is 30 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $38,750,000 in salary remaining, the cost is $25,833,333, and the savings are $12,916,667. Buyouts span twice the length of the remaining years and because there are 5 years remaining in the contract, the buyout length is 10 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.
Cost Calculations
BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
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Jun. 15, 2024 | $38,750,000 | $10,000,000 | 5 | 10 | 30 | 2/3 | $25,833,333 | $12,916,667 | $2,583,333 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (CBJ) |
2024-25 | $7,750,000 | $9,750,000 | $2,000,000 | $2,583,333 | $4,583,333 | $5,166,667 | $4,583,333 |
2025-26 | $7,750,000 | $9,750,000 | $2,000,000 | $2,583,333 | $4,583,333 | $5,166,667 | $4,583,333 |
2026-27 | $7,750,000 | $9,750,000 | $2,000,000 | $2,583,333 | $4,583,333 | $5,166,667 | $4,583,333 |
2027-28 | $7,750,000 | $9,750,000 | $2,000,000 | $2,583,333 | $4,583,333 | $5,166,667 | $4,583,333 |
2028-29 | $7,750,000 | $9,750,000 | $2,000,000 | $2,583,333 | $4,583,333 | $5,166,667 | $4,583,333 |
2029-30 | $0 | $0 | $0 | $2,583,333 | $2,583,333 | -$2,583,333 | $2,583,333 |
2030-31 | $0 | $0 | $0 | $2,583,333 | $2,583,333 | -$2,583,333 | $2,583,333 |
2031-32 | $0 | $0 | $0 | $2,583,333 | $2,583,333 | -$2,583,333 | $2,583,333 |
2032-33 | $0 | $0 | $0 | $2,583,333 | $2,583,333 | -$2,583,333 | $2,583,333 |
2033-34 | $0 | $0 | $0 | $2,583,333 | $2,583,333 | -$2,583,333 | $2,583,333 |
TOTAL | $38,750,000 | $48,750,000 | $10,000,000 | $25,833,333 | $35,833,333 | $12,916,667 | $35,833,330 |