A Marc-Édouard Vlasic buyout spans 8 years, has a cost of $13,500,000 and savings of $6,750,000. Vlasic is 35 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $20,250,000 in salary remaining, the cost is $13,500,000, and the savings are $6,750,000. Buyouts span twice the length of the remaining years and because there are 4 years remaining in the contract, the buyout length is 8 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, 2022 | $20,250,000 | $6,750,000 | 4 | 8 | 35 | 2/3 | $13,500,000 | $6,750,000 | $1,687,500 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (SJS) |
2022-23 | $5,000,000 | $7,000,000 | $2,250,000 | $1,687,500 | $3,937,500 | $3,312,500 | $3,687,500 |
2023-24 | $7,250,000 | $7,000,000 | $0 | $1,687,500 | $1,687,500 | $5,562,500 | $1,437,500 |
2024-25 | $4,500,000 | $7,000,000 | $2,500,000 | $1,687,500 | $4,187,500 | $2,812,500 | $4,187,500 |
2025-26 | $3,500,000 | $7,000,000 | $2,000,000 | $1,687,500 | $3,687,500 | $1,812,500 | $5,187,500 |
2026-27 | $0 | $0 | $0 | $1,687,500 | $1,687,500 | -$1,687,500 | $1,687,500 |
2027-28 | $0 | $0 | $0 | $1,687,500 | $1,687,500 | -$1,687,500 | $1,687,500 |
2028-29 | $0 | $0 | $0 | $1,687,500 | $1,687,500 | -$1,687,500 | $1,687,500 |
2029-30 | $0 | $0 | $0 | $1,687,500 | $1,687,500 | -$1,687,500 | $1,687,500 |
TOTAL | $20,250,000 | $28,000,000 | $6,750,000 | $13,500,000 | $20,250,000 | $6,750,000 | $21,250,000 |