A Connor Hellebuyck buyout spans 14 years, has a cost of $36,333,333 and savings of $18,166,667. Hellebuyck is 31 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $54,500,000 in salary remaining, the cost is $36,333,333, and the savings are $18,166,667. Buyouts span twice the length of the remaining years and because there are 7 years remaining in the contract, the buyout length is 14 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 |
---|
Jun. 15, 2024 | $54,500,000 | $5,000,000 | 7 | 14 | 31 | 2/3 | $36,333,333 | $18,166,667 | $2,595,238 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (WPG) |
2024-25 | $5,000,000 | $8,500,000 | $5,000,000 | $2,595,238 | $7,595,238 | $2,404,762 | $6,095,238 |
2025-26 | $10,000,000 | $8,500,000 | $0 | $2,595,238 | $2,595,238 | $7,404,762 | $1,095,238 |
2026-27 | $7,500,000 | $8,500,000 | $0 | $2,595,238 | $2,595,238 | $4,904,762 | $3,595,238 |
2027-28 | $10,000,000 | $8,500,000 | $0 | $2,595,238 | $2,595,238 | $7,404,762 | $1,095,238 |
2028-29 | $9,000,000 | $8,500,000 | $0 | $2,595,238 | $2,595,238 | $6,404,762 | $2,095,238 |
2029-30 | $7,000,000 | $8,500,000 | $0 | $2,595,238 | $2,595,238 | $4,404,762 | $4,095,238 |
2030-31 | $6,000,000 | $8,500,000 | $0 | $2,595,238 | $2,595,238 | $3,404,762 | $5,095,238 |
2031-32 | $0 | $0 | $0 | $2,595,238 | $2,595,238 | -$2,595,238 | $2,595,238 |
2032-33 | $0 | $0 | $0 | $2,595,238 | $2,595,238 | -$2,595,238 | $2,595,238 |
2033-34 | $0 | $0 | $0 | $2,595,238 | $2,595,238 | -$2,595,238 | $2,595,238 |
2034-35 | $0 | $0 | $0 | $2,595,238 | $2,595,238 | -$2,595,238 | $2,595,238 |
2035-36 | $0 | $0 | $0 | $2,595,238 | $2,595,238 | -$2,595,238 | $2,595,238 |
2036-37 | $0 | $0 | $0 | $2,595,238 | $2,595,238 | -$2,595,238 | $2,595,238 |
2037-38 | $0 | $0 | $0 | $2,595,238 | $2,595,238 | -$2,595,238 | $2,595,238 |
TOTAL | $54,500,000 | $59,500,000 | $5,000,000 | $36,333,333 | $41,333,333 | $18,166,667 | $41,333,332 |