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A Brent Seabrook buyout spans 8 years, has a cost of $5,666,667 and savings of $2,833,333. Seabrook is 35 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $8,500,000 in salary remaining, the cost is $5,666,667, and the savings are $2,833,333. Buyouts span twice the length of the remaining years and because there are 4 years remaining in the contract, the buyout length is 8 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, 2020 | $8,500,000 | $12,000,000 | 4 | 8 | 35 | 2/3 | $5,666,667 | $2,833,333 | $708,333 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( TBL) |
| 2020-21 | $1,000,000 | $6,875,000 | $4,000,000 | $708,333 | $4,708,333 | $291,667 | $6,583,333 |
| 2021-22 | $4,000,000 | $6,875,000 | $2,000,000 | $708,333 | $2,708,333 | $3,291,667 | $3,583,333 |
| 2022-23 | $1,000,000 | $6,875,000 | $4,000,000 | $708,333 | $4,708,333 | $291,667 | $6,583,333 |
| 2023-24 | $2,500,000 | $6,875,000 | $2,000,000 | $708,333 | $2,708,333 | $1,791,667 | $5,083,333 |
| 2024-25 | $0 | $0 | $0 | $708,333 | $708,333 | -$708,333 | $708,333 |
| 2025-26 | $0 | $0 | $0 | $708,333 | $708,333 | -$708,333 | $708,333 |
| 2026-27 | $0 | $0 | $0 | $708,333 | $708,333 | -$708,333 | $708,333 |
| 2027-28 | $0 | $0 | $0 | $708,333 | $708,333 | -$708,333 | $708,333 |
| TOTAL | $8,500,000 | $27,500,000 | $12,000,000 | $5,666,667 | $17,666,667 | $2,833,333 | $24,666,664 |
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