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Brad Lambert Buyout Results

A Brad Lambert buyout spans 4 years, has a cost of $570,000 and savings of $1,140,000. Lambert is 20 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $1,710,000 in salary remaining, the cost is $570,000, and the savings are $1,140,000. 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 (WPG)
2024-25	$855,000	$918,333	$95,000	$142,500	$237,500	$712,500	$205,833
2025-26	$855,000	$918,333	$0	$142,500	$142,500	$712,500	$205,833
2026-27	$0	$0	$0	$142,500	$142,500	-$142,500	$142,500
2027-28	$0	$0	$0	$142,500	$142,500	-$142,500	$142,500
TOTAL	$1,710,000	$1,836,666	$95,000	$570,000	$665,000	$1,140,000	$696,666