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A Christian Kyrou buyout spans 4 years, has a cost of $525,000 and savings of $1,050,000. Kyrou is 20 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $1,575,000 in salary remaining, the cost is $525,000, and the savings are $1,050,000. 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.
| BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
|---|---|---|---|---|---|---|---|---|---|
| Jun. 15, 2024 | $1,575,000 | $190,000 | 2 | 4 | 20 | 1/3 | $525,000 | $1,050,000 | $131,250 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( DAL) |
| 2024-25 | $775,000 | $878,333 | $95,000 | $131,250 | $226,250 | $643,750 | $234,583 |
| 2025-26 | $800,000 | $878,333 | $95,000 | $131,250 | $226,250 | $668,750 | $209,583 |
| 2026-27 | $0 | $0 | $0 | $131,250 | $131,250 | -$131,250 | $131,250 |
| 2027-28 | $0 | $0 | $0 | $131,250 | $131,250 | -$131,250 | $131,250 |
| TOTAL | $1,575,000 | $1,756,666 | $190,000 | $525,000 | $715,000 | $1,050,000 | $706,666 |
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