DISPLAY SETTING
ARCHIVE ▾
CBA ▾
CALCULATORS ▾
FANTASY-TOOLS ▾
FANTASY HOCKEY TOOLS
TOOLS ▾
PLAYERS ▾
TEAMS ▾
WESTERN CONFERENCE
PACIFIC
EASTERN CONFERENCE
METROPOLITAN
INTERACTIVE ▾
SEARCH
A Nate Schmidt buyout spans 4 years, has a cost of $6,533,333 and savings of $3,266,667. Schmidt is 31 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $9,800,000 in salary remaining, the cost is $6,533,333, and the savings are $3,266,667. 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 | $9,800,000 | $0 | 2 | 4 | 31 | 2/3 | $6,533,333 | $3,266,667 | $1,633,333 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( WPG) |
| 2023-24 | $4,950,000 | $5,950,000 | $0 | $1,633,333 | $1,633,333 | $3,316,667 | $2,633,333 |
| 2024-25 | $4,850,000 | $5,950,000 | $0 | $1,633,333 | $1,633,333 | $3,216,667 | $2,733,333 |
| 2025-26 | $0 | $0 | $0 | $1,633,333 | $1,633,333 | -$1,633,333 | $1,633,333 |
| 2026-27 | $0 | $0 | $0 | $1,633,333 | $1,633,333 | -$1,633,333 | $1,633,333 |
| TOTAL | $9,800,000 | $11,900,000 | $0 | $6,533,333 | $6,533,333 | $3,266,667 | $8,633,332 |
All Players