A Axel Jonsson-Fjällby buyout spans 2 years, has a cost of $250,000 and savings of $500,000. Jonsson-Fjällby is 24 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $750,000 in salary remaining, the cost is $250,000, and the savings are $500,000. 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.
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, 2022 | $750,000 | $0 | 1 | 2 | 24 | 1/3 | $250,000 | $500,000 | $125,000 |