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A Brandon Hagel buyout spans 16 years, has a cost of $11,440,000 and savings of $22,880,000. Hagel is 25 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $34,320,000 in salary remaining, the cost is $11,440,000, and the savings are $22,880,000. Buyouts span twice the length of the remaining years and because there are 8 years remaining in the contract, the buyout length is 16 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.
| BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
|---|---|---|---|---|---|---|---|---|---|
| Jun. 15, 2024 | $34,320,000 | $17,680,000 | 8 | 16 | 25 | 1/3 | $11,440,000 | $22,880,000 | $715,000 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( TBL) |
| 2024-25 | $1,820,000 | $6,500,000 | $7,180,000 | $715,000 | $7,895,000 | $1,105,000 | $5,395,000 |
| 2025-26 | $2,500,000 | $6,500,000 | $6,500,000 | $715,000 | $7,215,000 | $1,785,000 | $4,715,000 |
| 2026-27 | $6,750,000 | $6,500,000 | $0 | $715,000 | $715,000 | $6,035,000 | $465,000 |
| 2027-28 | $5,450,000 | $6,500,000 | $0 | $715,000 | $715,000 | $4,735,000 | $1,765,000 |
| 2028-29 | $4,450,000 | $6,500,000 | $1,000,000 | $715,000 | $1,715,000 | $3,735,000 | $2,765,000 |
| 2029-30 | $4,450,000 | $6,500,000 | $1,000,000 | $715,000 | $1,715,000 | $3,735,000 | $2,765,000 |
| 2030-31 | $4,450,000 | $6,500,000 | $1,000,000 | $715,000 | $1,715,000 | $3,735,000 | $2,765,000 |
| 2031-32 | $4,450,000 | $6,500,000 | $1,000,000 | $715,000 | $1,715,000 | $3,735,000 | $2,765,000 |
| 2032-33 | $0 | $0 | $0 | $715,000 | $715,000 | -$715,000 | $715,000 |
| 2033-34 | $0 | $0 | $0 | $715,000 | $715,000 | -$715,000 | $715,000 |
| 2034-35 | $0 | $0 | $0 | $715,000 | $715,000 | -$715,000 | $715,000 |
| 2035-36 | $0 | $0 | $0 | $715,000 | $715,000 | -$715,000 | $715,000 |
| 2036-37 | $0 | $0 | $0 | $715,000 | $715,000 | -$715,000 | $715,000 |
| 2037-38 | $0 | $0 | $0 | $715,000 | $715,000 | -$715,000 | $715,000 |
| 2038-39 | $0 | $0 | $0 | $715,000 | $715,000 | -$715,000 | $715,000 |
| 2039-40 | $0 | $0 | $0 | $715,000 | $715,000 | -$715,000 | $715,000 |
| TOTAL | $34,320,000 | $52,000,000 | $17,680,000 | $11,440,000 | $29,120,000 | $22,880,000 | $29,120,000 |
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