A Hampus Lindholm buyout spans 12 years, has a cost of $20,500,000 and savings of $10,250,000. Lindholm is 30 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $30,750,000 in salary remaining, the cost is $20,500,000, and the savings are $10,250,000. 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
BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
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Jun. 15, 2024 | $30,750,000 | $6,000,000 | 6 | 12 | 30 | 2/3 | $20,500,000 | $10,250,000 | $1,708,333 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (BOS) |
2024-25 | $6,000,000 | $6,500,000 | $2,000,000 | $1,708,333 | $3,708,333 | $4,291,667 | $2,208,333 |
2025-26 | $6,000,000 | $6,500,000 | $2,000,000 | $1,708,333 | $3,708,333 | $4,291,667 | $2,208,333 |
2026-27 | $4,350,000 | $6,500,000 | $2,000,000 | $1,708,333 | $3,708,333 | $2,641,667 | $3,858,333 |
2027-28 | $4,800,000 | $6,500,000 | $0 | $1,708,333 | $1,708,333 | $3,091,667 | $3,408,333 |
2028-29 | $4,800,000 | $6,500,000 | $0 | $1,708,333 | $1,708,333 | $3,091,667 | $3,408,333 |
2029-30 | $4,800,000 | $6,500,000 | $0 | $1,708,333 | $1,708,333 | $3,091,667 | $3,408,333 |
2030-31 | $0 | $0 | $0 | $1,708,333 | $1,708,333 | -$1,708,333 | $1,708,333 |
2031-32 | $0 | $0 | $0 | $1,708,333 | $1,708,333 | -$1,708,333 | $1,708,333 |
2032-33 | $0 | $0 | $0 | $1,708,333 | $1,708,333 | -$1,708,333 | $1,708,333 |
2033-34 | $0 | $0 | $0 | $1,708,333 | $1,708,333 | -$1,708,333 | $1,708,333 |
2034-35 | $0 | $0 | $0 | $1,708,333 | $1,708,333 | -$1,708,333 | $1,708,333 |
2035-36 | $0 | $0 | $0 | $1,708,333 | $1,708,333 | -$1,708,333 | $1,708,333 |
TOTAL | $30,750,000 | $39,000,000 | $6,000,000 | $20,500,000 | $26,500,000 | $10,250,000 | $28,749,996 |