BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
---|---|---|---|---|---|---|---|---|---|
Jun 15, 2020 | $1,450,000 | $185,000 | 2 | 4 | 22 | 1/3 | $483,333 | $966,667 | $120,833 |
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( |
2020-21 | $700,000 | $809,167 | $92,500 | $120,833 | $213,333 | $579,167 | $230,000 |
2021-22 | $750,000 | $809,167 | $92,500 | $120,833 | $213,333 | $629,167 | $180,000 |
2022-23 | $0 | $0 | $0 | $120,833 | $120,833 | -$120,833 | $120,833 |
2023-24 | $0 | $0 | $0 | $120,833 | $120,833 | -$120,833 | $120,833 |
TOTAL | $1,450,000 | $1,618,334 | $185,000 | $483,333 | $668,333 | $966,667 | $651,666 |