A Jesper Bratt buyout spans 14 years, has a cost of $8,833,333 and savings of $17,666,667. Bratt is 25 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $26,500,000 in salary remaining, the cost is $8,833,333, and the savings are $17,666,667. Buyouts span twice the length of the remaining years and because there are 7 years remaining in the contract, the buyout length is 14 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 | $26,500,000 | $26,500,000 | 7 | 14 | 25 | 1/3 | $8,833,333 | $17,666,667 | $630,952 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (NJD) |
2024-25 | $4,000,000 | $7,875,000 | $5,000,000 | $630,952 | $5,630,952 | $3,369,048 | $4,505,952 |
2025-26 | $4,000,000 | $7,875,000 | $5,000,000 | $630,952 | $5,630,952 | $3,369,048 | $4,505,952 |
2026-27 | $6,000,000 | $7,875,000 | $2,000,000 | $630,952 | $2,630,952 | $5,369,048 | $2,505,952 |
2027-28 | $2,200,000 | $7,875,000 | $5,000,000 | $630,952 | $5,630,952 | $1,569,048 | $6,305,952 |
2028-29 | $2,200,000 | $7,875,000 | $5,000,000 | $630,952 | $5,630,952 | $1,569,048 | $6,305,952 |
2029-30 | $2,100,000 | $7,875,000 | $4,500,000 | $630,952 | $5,130,952 | $1,469,048 | $6,405,952 |
2030-31 | $6,000,000 | $7,875,000 | $0 | $630,952 | $630,952 | $5,369,048 | $2,505,952 |
2031-32 | $0 | $0 | $0 | $630,952 | $630,952 | -$630,952 | $630,952 |
2032-33 | $0 | $0 | $0 | $630,952 | $630,952 | -$630,952 | $630,952 |
2033-34 | $0 | $0 | $0 | $630,952 | $630,952 | -$630,952 | $630,952 |
2034-35 | $0 | $0 | $0 | $630,952 | $630,952 | -$630,952 | $630,952 |
2035-36 | $0 | $0 | $0 | $630,952 | $630,952 | -$630,952 | $630,952 |
2036-37 | $0 | $0 | $0 | $630,952 | $630,952 | -$630,952 | $630,952 |
2037-38 | $0 | $0 | $0 | $630,952 | $630,952 | -$630,952 | $630,952 |
TOTAL | $26,500,000 | $55,125,000 | $26,500,000 | $8,833,333 | $35,333,333 | $17,666,667 | $37,458,328 |