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A Igor Shesterkin buyout spans 6 years, has a cost of $11,777,778 and savings of $5,888,889. Shesterkin is 26 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $17,666,667 in salary remaining, the cost is $11,777,778, and the savings are $5,888,889. Buyouts span twice the length of the remaining years and because there are 3 years remaining in the contract, the buyout length is 6 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 | $17,666,667 | $2,000,000 | 3 | 6 | 26 | 2/3 | $11,777,778 | $5,888,889 | $1,962,963 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( NYR) |
| 2022-23 | $6,000,000 | $5,666,667 | $0 | $1,962,963 | $1,962,963 | $4,037,037 | $1,629,630 |
| 2023-24 | $5,000,000 | $5,666,667 | $2,000,000 | $1,962,963 | $3,962,963 | $3,037,037 | $2,629,630 |
| 2024-25 | $6,666,667 | $5,666,667 | $0 | $1,962,963 | $1,962,963 | $4,703,704 | $962,963 |
| 2025-26 | $0 | $0 | $0 | $1,962,963 | $1,962,963 | -$1,962,963 | $1,962,963 |
| 2026-27 | $0 | $0 | $0 | $1,962,963 | $1,962,963 | -$1,962,963 | $1,962,963 |
| 2027-28 | $0 | $0 | $0 | $1,962,963 | $1,962,963 | -$1,962,963 | $1,962,963 |
| TOTAL | $17,666,667 | $17,000,001 | $2,000,000 | $11,777,778 | $13,777,778 | $5,888,889 | $11,111,112 |
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