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A Linus Ullmark buyout spans 4 years, has a cost of $5,666,667 and savings of $2,833,333. Ullmark is 29 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $8,500,000 in salary remaining, the cost is $5,666,667, and the savings are $2,833,333. Buyouts span twice the length of the remaining years and because there are 2 years remaining in the contract, the buyout length is 4 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, 2023 | $8,500,000 | $2,000,000 | 2 | 4 | 29 | 2/3 | $5,666,667 | $2,833,333 | $1,416,667 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( BOS) |
| 2023-24 | $5,000,000 | $5,000,000 | $1,000,000 | $1,416,667 | $2,416,667 | $3,583,333 | $1,416,667 |
| 2024-25 | $3,500,000 | $5,000,000 | $1,000,000 | $1,416,667 | $2,416,667 | $2,083,333 | $2,916,667 |
| 2025-26 | $0 | $0 | $0 | $1,416,667 | $1,416,667 | -$1,416,667 | $1,416,667 |
| 2026-27 | $0 | $0 | $0 | $1,416,667 | $1,416,667 | -$1,416,667 | $1,416,667 |
| TOTAL | $8,500,000 | $10,000,000 | $2,000,000 | $5,666,667 | $7,666,667 | $2,833,333 | $7,166,668 |
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