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A Dougie Hamilton buyout spans 12 years, has a cost of $20,766,667 and savings of $10,383,333. Hamilton is 28 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $31,150,000 in salary remaining, the cost is $20,766,667, and the savings are $10,383,333. 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.
| BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
|---|---|---|---|---|---|---|---|---|---|
| Jun. 15, 2022 | $31,150,000 | $25,550,000 | 6 | 12 | 28 | 2/3 | $20,766,667 | $10,383,333 | $1,730,556 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( NJD) |
| 2022-23 | $3,300,000 | $9,000,000 | $3,000,000 | $1,730,556 | $4,730,556 | $1,569,444 | $7,430,556 |
| 2023-24 | $10,600,000 | $9,000,000 | $2,000,000 | $1,730,556 | $3,730,556 | $8,869,444 | $130,556 |
| 2024-25 | $10,000,000 | $9,000,000 | $2,600,000 | $1,730,556 | $4,330,556 | $8,269,444 | $730,556 |
| 2025-26 | $1,000,000 | $9,000,000 | $10,550,000 | $1,730,556 | $12,280,556 | -$730,556 | $9,730,556 |
| 2026-27 | $1,000,000 | $9,000,000 | $7,400,000 | $1,730,556 | $9,130,556 | -$730,556 | $9,730,556 |
| 2027-28 | $5,250,000 | $9,000,000 | $0 | $1,730,556 | $1,730,556 | $3,519,444 | $5,480,556 |
| 2028-29 | $0 | $0 | $0 | $1,730,556 | $1,730,556 | -$1,730,556 | $1,730,556 |
| 2029-30 | $0 | $0 | $0 | $1,730,556 | $1,730,556 | -$1,730,556 | $1,730,556 |
| 2030-31 | $0 | $0 | $0 | $1,730,556 | $1,730,556 | -$1,730,556 | $1,730,556 |
| 2031-32 | $0 | $0 | $0 | $1,730,556 | $1,730,556 | -$1,730,556 | $1,730,556 |
| 2032-33 | $0 | $0 | $0 | $1,730,556 | $1,730,556 | -$1,730,556 | $1,730,556 |
| 2033-34 | $0 | $0 | $0 | $1,730,556 | $1,730,556 | -$1,730,556 | $1,730,556 |
| TOTAL | $31,150,000 | $54,000,000 | $25,550,000 | $20,766,667 | $46,316,667 | $10,383,333 | $43,616,672 |
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