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Andrew MacDonald Buyout Results

A Andrew MacDonald buyout spans 2 years, has a cost of $3,833,333 and savings of $1,916,667. MacDonald is 32 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $5,750,000 in salary remaining, the cost is $3,833,333, and the savings are $1,916,667. Buyouts span twice the length of the remaining years and because there is 1 year remaining in the contract, the buyout length is 2 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.

This player does not currently have an active contract; however, the buyout details of their previously bought-out contract would be as follows
Buyout Date
Cost Calculations
BUYOUT DATEBASE SALARY REMAININGS.BONUS REMAININGYEARS REMAININGBUYOUT LENGTHAGEBUYOUT RATIOTOTAL COSTTOTAL SAVINGSANNUAL COST
Jun. 15, 2019$5,750,000$012322/3$3,833,333$1,916,667$1,916,667
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT
2019-20$5,750,000$5,000,000$0$1,916,667$1,916,667$3,833,333$1,166,667
2020-21$0$0$0$1,916,667$1,916,667-$1,916,667$1,916,667
TOTAL$5,750,000$5,000,000$0$3,833,333$3,833,333$1,916,667$3,083,334