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A Logan Mailloux buyout spans 4 years, has a cost of $555,000 and savings of $1,110,000. Mailloux is 21 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $1,665,000 in salary remaining, the cost is $555,000, and the savings are $1,110,000. 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, 2024 | $1,665,000 | $92,500 | 2 | 4 | 21 | 1/3 | $555,000 | $1,110,000 | $138,750 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( MTL) |
| 2024-25 | $832,500 | $875,000 | $92,500 | $138,750 | $231,250 | $693,750 | $181,250 |
| 2025-26 | $832,500 | $875,000 | $0 | $138,750 | $138,750 | $693,750 | $181,250 |
| 2026-27 | $0 | $0 | $0 | $138,750 | $138,750 | -$138,750 | $138,750 |
| 2027-28 | $0 | $0 | $0 | $138,750 | $138,750 | -$138,750 | $138,750 |
| TOTAL | $1,665,000 | $1,750,000 | $92,500 | $555,000 | $647,500 | $1,110,000 | $640,000 |
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