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A Adam Pelech buyout spans 12 years, has a cost of $23,000,000 and savings of $11,500,000. Pelech is 28 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $34,500,000 in salary remaining, the cost is $23,000,000, and the savings are $11,500,000. Buyouts span twice the length of the remaining years and because there are 6 years remaining in the contract, the buyout length is 12 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, 2023 | $34,500,000 | $0 | 6 | 12 | 28 | 2/3 | $23,000,000 | $11,500,000 | $1,916,667 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( NYI) |
| 2023-24 | $5,750,000 | $5,750,000 | $0 | $1,916,667 | $1,916,667 | $3,833,333 | $1,916,667 |
| 2024-25 | $5,750,000 | $5,750,000 | $0 | $1,916,667 | $1,916,667 | $3,833,333 | $1,916,667 |
| 2025-26 | $5,750,000 | $5,750,000 | $0 | $1,916,667 | $1,916,667 | $3,833,333 | $1,916,667 |
| 2026-27 | $5,750,000 | $5,750,000 | $0 | $1,916,667 | $1,916,667 | $3,833,333 | $1,916,667 |
| 2027-28 | $5,750,000 | $5,750,000 | $0 | $1,916,667 | $1,916,667 | $3,833,333 | $1,916,667 |
| 2028-29 | $5,750,000 | $5,750,000 | $0 | $1,916,667 | $1,916,667 | $3,833,333 | $1,916,667 |
| 2029-30 | $0 | $0 | $0 | $1,916,667 | $1,916,667 | -$1,916,667 | $1,916,667 |
| 2030-31 | $0 | $0 | $0 | $1,916,667 | $1,916,667 | -$1,916,667 | $1,916,667 |
| 2031-32 | $0 | $0 | $0 | $1,916,667 | $1,916,667 | -$1,916,667 | $1,916,667 |
| 2032-33 | $0 | $0 | $0 | $1,916,667 | $1,916,667 | -$1,916,667 | $1,916,667 |
| 2033-34 | $0 | $0 | $0 | $1,916,667 | $1,916,667 | -$1,916,667 | $1,916,667 |
| 2034-35 | $0 | $0 | $0 | $1,916,667 | $1,916,667 | -$1,916,667 | $1,916,667 |
| TOTAL | $34,500,000 | $34,500,000 | $0 | $23,000,000 | $23,000,000 | $11,500,000 | $23,000,004 |
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