BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
---|---|---|---|---|---|---|---|---|---|
Jun 15, 2019 | $700,000 | $0 | 1 | 2 | 23 | 1/3 | $233,333 | $466,667 | $116,667 |
SEASON | BASE SALARY | INITIAL CAP HIT | ACTUAL COST | SAVINGS | FINAL CAP HIT |
2019-20 | $700,000 | $675,000 | $116,667 | $583,333 | $91,667 |
2020-21 | $0 | $0 | $116,667 | -$116,667 | $116,667 |
TOTAL | $700,000 | $675,000 | $233,333 | $466,667 | $208,333 |