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Colton Parayko Buyout Results

A Colton Parayko buyout spans 12 years, has a cost of $24,500,000 and savings of $12,250,000. Parayko is 31 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $36,750,000 in salary remaining, the cost is $24,500,000, and the savings are $12,250,000. Buyouts span twice the length of the remaining years and because there are 6 years remaining in the contract, the buyout length is 12 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.

Cost Calculations

Cap Hit Calculations

SEASON	INITIAL BASE SALARY	INITIAL CAP HIT	SIGNING BONUS	BUYOUT COST	POST-BUYOUT EARNINGS	SAVINGS	CAP HIT (STL)
2024-25	$8,000,000	$6,500,000	$0	$2,041,667	$2,041,667	$5,958,333	$541,667
2025-26	$8,000,000	$6,500,000	$0	$2,041,667	$2,041,667	$5,958,333	$541,667
2026-27	$6,350,000	$6,500,000	$0	$2,041,667	$2,041,667	$4,308,333	$2,191,667
2027-28	$4,800,000	$6,500,000	$0	$2,041,667	$2,041,667	$2,758,333	$3,741,667
2028-29	$4,800,000	$6,500,000	$0	$2,041,667	$2,041,667	$2,758,333	$3,741,667
2029-30	$4,800,000	$6,500,000	$0	$2,041,667	$2,041,667	$2,758,333	$3,741,667
2030-31	$0	$0	$0	$2,041,667	$2,041,667	-$2,041,667	$2,041,667
2031-32	$0	$0	$0	$2,041,667	$2,041,667	-$2,041,667	$2,041,667
2032-33	$0	$0	$0	$2,041,667	$2,041,667	-$2,041,667	$2,041,667
2033-34	$0	$0	$0	$2,041,667	$2,041,667	-$2,041,667	$2,041,667
2034-35	$0	$0	$0	$2,041,667	$2,041,667	-$2,041,667	$2,041,667
2035-36	$0	$0	$0	$2,041,667	$2,041,667	-$2,041,667	$2,041,667
TOTAL	$36,750,000	$39,000,000	$0	$24,500,000	$24,500,000	$12,250,000	$26,750,004