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A Hunter Haight buyout spans 6 years, has a cost of $802,500 and savings of $1,605,000. Haight is 20 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $2,407,500 in salary remaining, the cost is $802,500, and the savings are $1,605,000. Buyouts span twice the length of the remaining years and because there are 3 years remaining in the contract, the buyout length is 6 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.
| BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
|---|---|---|---|---|---|---|---|---|---|
| Jun. 15, 2024 | $2,407,500 | $190,000 | 3 | 6 | 20 | 1/3 | $802,500 | $1,605,000 | $133,750 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( MIN) |
| 2024-25 | $775,000 | $865,833 | $95,000 | $133,750 | $228,750 | $641,250 | $224,583 |
| 2025-26 | $800,000 | $865,833 | $95,000 | $133,750 | $228,750 | $666,250 | $199,583 |
| 2026-27 | $832,500 | $865,833 | $0 | $133,750 | $133,750 | $698,750 | $167,083 |
| 2027-28 | $0 | $0 | $0 | $133,750 | $133,750 | -$133,750 | $133,750 |
| 2028-29 | $0 | $0 | $0 | $133,750 | $133,750 | -$133,750 | $133,750 |
| 2029-30 | $0 | $0 | $0 | $133,750 | $133,750 | -$133,750 | $133,750 |
| TOTAL | $2,407,500 | $2,597,499 | $190,000 | $802,500 | $992,500 | $1,605,000 | $992,499 |
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