BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
---|---|---|---|---|---|---|---|---|---|
Jun 15, 2020 | $3,400,000 | $1,000,000 | 2 | 4 | 34 | 2/3 | $2,266,667 | $1,133,333 | $566,667 |
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( |
2020-21 | $2,200,000 | $3,000,000 | $0 | $566,667 | $566,667 | $1,633,333 | $1,366,667 |
2021-22 | $1,200,000 | $3,000,000 | $1,000,000 | $566,667 | $1,566,667 | $633,333 | $2,366,667 |
2022-23 | $0 | $0 | $0 | $566,667 | $566,667 | -$566,667 | $566,667 |
2023-24 | $0 | $0 | $0 | $566,667 | $566,667 | -$566,667 | $566,667 |
TOTAL | $3,400,000 | $6,000,000 | $1,000,000 | $2,266,667 | $3,266,667 | $1,133,333 | $4,866,668 |