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A Brent Seabrook buyout spans 2 years, has a cost of $1,666,667 and savings of $833,333. Seabrook is 38 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $2,500,000 in salary remaining, the cost is $1,666,667, and the savings are $833,333. 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.
| BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
|---|---|---|---|---|---|---|---|---|---|
| Jun. 15, 2023 | $2,500,000 | $2,000,000 | 1 | 2 | 38 | 2/3 | $1,666,667 | $833,333 | $833,334 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( TBL) |
| 2023-24 | $2,500,000 | $6,875,000 | $2,000,000 | $833,334 | $2,833,334 | $1,666,666 | $5,208,334 |
| 2024-25 | $0 | $0 | $0 | $833,334 | $833,334 | -$833,334 | $833,334 |
| TOTAL | $2,500,000 | $6,875,000 | $2,000,000 | $1,666,667 | $3,666,667 | $833,333 | $6,041,668 |
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