BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
---|---|---|---|---|---|---|---|---|---|
Jun 15, 2020 | $700,000 | $0 | 1 | 2 | 21 | 1/3 | $233,333 | $466,667 | $116,667 |
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( |
2020-21 | $700,000 | $705,556 | $0 | $116,667 | $116,667 | $583,333 | $122,223 |
2021-22 | $0 | $0 | $0 | $116,667 | $116,667 | -$116,667 | $116,667 |
TOTAL | $700,000 | $705,556 | $0 | $233,333 | $233,333 | $466,667 | $238,890 |