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A Andrew Copp buyout spans 8 years, has a cost of $15,083,333 and savings of $7,541,667. Copp is 28 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $22,625,000 in salary remaining, the cost is $15,083,333, and the savings are $7,541,667. Buyouts span twice the length of the remaining years and because there are 4 years remaining in the contract, the buyout length is 8 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 | $22,625,000 | $0 | 4 | 8 | 28 | 2/3 | $15,083,333 | $7,541,667 | $1,885,417 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( DET) |
| 2023-24 | $6,250,000 | $5,625,000 | $0 | $1,885,417 | $1,885,417 | $4,364,583 | $1,260,417 |
| 2024-25 | $6,250,000 | $5,625,000 | $0 | $1,885,417 | $1,885,417 | $4,364,583 | $1,260,417 |
| 2025-26 | $5,750,000 | $5,625,000 | $0 | $1,885,417 | $1,885,417 | $3,864,583 | $1,760,417 |
| 2026-27 | $4,375,000 | $5,625,000 | $0 | $1,885,417 | $1,885,417 | $2,489,583 | $3,135,417 |
| 2027-28 | $0 | $0 | $0 | $1,885,417 | $1,885,417 | -$1,885,417 | $1,885,417 |
| 2028-29 | $0 | $0 | $0 | $1,885,417 | $1,885,417 | -$1,885,417 | $1,885,417 |
| 2029-30 | $0 | $0 | $0 | $1,885,417 | $1,885,417 | -$1,885,417 | $1,885,417 |
| 2030-31 | $0 | $0 | $0 | $1,885,417 | $1,885,417 | -$1,885,417 | $1,885,417 |
| TOTAL | $22,625,000 | $22,500,000 | $0 | $15,083,333 | $15,083,333 | $7,541,667 | $14,958,336 |
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