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A Marcus Pettersson buyout spans 2 years, has a cost of $2,683,450 and savings of $1,341,725. Pettersson is 28 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $4,025,175 in salary remaining, the cost is $2,683,450, and the savings are $1,341,725. Buyouts span twice the length of the remaining years and because there is 1 year remaining in the contract, the buyout length is 2 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 | $4,025,175 | $0 | 1 | 2 | 28 | 2/3 | $2,683,450 | $1,341,725 | $1,341,725 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( PIT) |
| 2024-25 | $4,025,175 | $4,025,175 | $0 | $1,341,725 | $1,341,725 | $2,683,450 | $1,341,725 |
| 2025-26 | $0 | $0 | $0 | $1,341,725 | $1,341,725 | -$1,341,725 | $1,341,725 |
| TOTAL | $4,025,175 | $4,025,175 | $0 | $2,683,450 | $2,683,450 | $1,341,725 | $2,683,450 |
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