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A Mikko Koskinen buyout spans 6 years, has a cost of $8,666,667 and savings of $4,333,333. Koskinen is 30 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $13,000,000 in salary remaining, the cost is $8,666,667, and the savings are $4,333,333. Buyouts span twice the length of the remaining years and because there are 3 years remaining in the contract, the buyout length is 6 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, 2019 | $13,000,000 | $500,000 | 3 | 6 | 30 | 2/3 | $8,666,667 | $4,333,333 | $1,444,445 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT |
| 2019-20 | $5,200,000 | $4,500,000 | $0 | $1,444,445 | $1,444,445 | $3,755,555 | $744,445 |
| 2020-21 | $3,300,000 | $4,500,000 | $500,000 | $1,444,445 | $1,944,445 | $1,855,555 | $2,644,445 |
| 2021-22 | $4,500,000 | $4,500,000 | $0 | $1,444,445 | $1,444,445 | $3,055,555 | $1,444,445 |
| 2022-23 | $0 | $0 | $0 | $1,444,445 | $1,444,445 | -$1,444,445 | $1,444,445 |
| 2023-24 | $0 | $0 | $0 | $1,444,445 | $1,444,445 | -$1,444,445 | $1,444,445 |
| 2024-25 | $0 | $0 | $0 | $1,444,445 | $1,444,445 | -$1,444,445 | $1,444,445 |
| TOTAL | $13,000,000 | $13,500,000 | $500,000 | $8,666,667 | $9,166,667 | $4,333,333 | $9,166,670 |
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