A Bryan Rust buyout spans 8 years, has a cost of $12,366,667 and savings of $6,183,333. Rust is 32 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $18,550,000 in salary remaining, the cost is $12,366,667, and the savings are $6,183,333. 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.
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, 2024 | $18,550,000 | $0 | 4 | 8 | 32 | 2/3 | $12,366,667 | $6,183,333 | $1,545,833 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (PIT) |
2024-25 | $6,100,000 | $5,125,000 | $0 | $1,545,833 | $1,545,833 | $4,554,167 | $570,833 |
2025-26 | $5,130,000 | $5,125,000 | $0 | $1,545,833 | $1,545,833 | $3,584,167 | $1,540,833 |
2026-27 | $3,660,000 | $5,125,000 | $0 | $1,545,833 | $1,545,833 | $2,114,167 | $3,010,833 |
2027-28 | $3,660,000 | $5,125,000 | $0 | $1,545,833 | $1,545,833 | $2,114,167 | $3,010,833 |
2028-29 | $0 | $0 | $0 | $1,545,833 | $1,545,833 | -$1,545,833 | $1,545,833 |
2029-30 | $0 | $0 | $0 | $1,545,833 | $1,545,833 | -$1,545,833 | $1,545,833 |
2030-31 | $0 | $0 | $0 | $1,545,833 | $1,545,833 | -$1,545,833 | $1,545,833 |
2031-32 | $0 | $0 | $0 | $1,545,833 | $1,545,833 | -$1,545,833 | $1,545,833 |
TOTAL | $18,550,000 | $20,500,000 | $0 | $12,366,667 | $12,366,667 | $6,183,333 | $14,316,664 |