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Artemi Panarin Buyout Results

A Artemi Panarin buyout spans 4 years, has a cost of $1,333,333 and savings of $666,667. Panarin is 32 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $2,000,000 in salary remaining, the cost is $1,333,333, and the savings are $666,667. 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.

Cost Calculations

Cap Hit Calculations

SEASON	INITIAL BASE SALARY	INITIAL CAP HIT	SIGNING BONUS	BUYOUT COST	POST-BUYOUT EARNINGS	SAVINGS	CAP HIT (NYR)
2024-25	$1,000,000	$11,642,857	$9,000,000	$333,333	$9,333,333	$666,667	$10,976,190
2025-26	$1,000,000	$11,642,857	$7,000,000	$333,333	$7,333,333	$666,667	$10,976,190
2026-27	$0	$0	$0	$333,333	$333,333	-$333,333	$333,333
2027-28	$0	$0	$0	$333,333	$333,333	-$333,333	$333,333
TOTAL	$2,000,000	$23,285,714	$16,000,000	$1,333,333	$17,333,333	$666,667	$22,619,046