A Anze Kopitar buyout spans 4 years, has a cost of $5,183,333 and savings of $2,591,667. Kopitar is 36 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $7,775,000 in salary remaining, the cost is $5,183,333, and the savings are $2,591,667. Buyouts span twice the length of the remaining years and because there are 2 years remaining in the contract, the buyout length is 4 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.
While this is a 35+ contract, it is exempt from the 35+ buyout rules because it is either 1). One year in length, or 2). Not front-loaded and does not have a signing bonus after the first contract year (as per the 2020 MOU). Please see the
Buyout FAQ for more information
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 | $7,775,000 | $6,225,000 | 2 | 4 | 36 | 2/3 | $5,183,333 | $2,591,667 | $1,295,833 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (LAK) |
2024-25 | $775,000 | $7,000,000 | $6,225,000 | $1,295,833 | $7,520,833 | -$520,833 | $7,520,833 |
2025-26 | $7,000,000 | $7,000,000 | $0 | $1,295,833 | $1,295,833 | $5,704,167 | $1,295,833 |
2026-27 | $0 | $0 | $0 | $1,295,833 | $1,295,833 | -$1,295,833 | $1,295,833 |
2027-28 | $0 | $0 | $0 | $1,295,833 | $1,295,833 | -$1,295,833 | $1,295,833 |
TOTAL | $7,775,000 | $14,000,000 | $6,225,000 | $5,183,333 | $11,408,333 | $2,591,667 | $11,408,332 |