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A Dillon Dubé buyout spans 2 years, has a cost of $800,000 and savings of $1,600,000. Dubé is 24 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $2,400,000 in salary remaining, the cost is $800,000, and the savings are $1,600,000. Buyouts span twice the length of the remaining years and because there is 1 year remaining in the contract, the buyout length is 2 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, 2023 | $2,400,000 | $0 | 1 | 2 | 24 | 1/3 | $800,000 | $1,600,000 | $400,000 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( CGY) |
| 2023-24 | $2,400,000 | $2,300,000 | $0 | $400,000 | $400,000 | $2,000,000 | $300,000 |
| 2024-25 | $0 | $0 | $0 | $400,000 | $400,000 | -$400,000 | $400,000 |
| TOTAL | $2,400,000 | $2,300,000 | $0 | $800,000 | $800,000 | $1,600,000 | $700,000 |
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