A Pierre-Luc Dubois buyout spans 14 years, has a cost of $15,833,333 and savings of $31,666,667. Dubois is 25 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $47,500,000 in salary remaining, the cost is $15,833,333, and the savings are $31,666,667. Buyouts span twice the length of the remaining years and because there are 7 years remaining in the contract, the buyout length is 14 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, 2024 | $47,500,000 | $11,500,000 | 7 | 14 | 25 | 1/3 | $15,833,333 | $31,666,667 | $1,130,952 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (LAK) |
2024-25 | $8,000,000 | $8,500,000 | $3,250,000 | $1,130,952 | $4,380,952 | $6,869,048 | $1,630,952 |
2025-26 | $8,100,000 | $8,500,000 | $3,250,000 | $1,130,952 | $4,380,952 | $6,969,048 | $1,530,952 |
2026-27 | $7,100,000 | $8,500,000 | $2,000,000 | $1,130,952 | $3,130,952 | $5,969,048 | $2,530,952 |
2027-28 | $5,850,000 | $8,500,000 | $1,000,000 | $1,130,952 | $2,130,952 | $4,719,048 | $3,780,952 |
2028-29 | $5,830,000 | $8,500,000 | $1,000,000 | $1,130,952 | $2,130,952 | $4,699,048 | $3,800,952 |
2029-30 | $5,810,000 | $8,500,000 | $1,000,000 | $1,130,952 | $2,130,952 | $4,679,048 | $3,820,952 |
2030-31 | $6,810,000 | $8,500,000 | $0 | $1,130,952 | $1,130,952 | $5,679,048 | $2,820,952 |
2031-32 | $0 | $0 | $0 | $1,130,952 | $1,130,952 | -$1,130,952 | $1,130,952 |
2032-33 | $0 | $0 | $0 | $1,130,952 | $1,130,952 | -$1,130,952 | $1,130,952 |
2033-34 | $0 | $0 | $0 | $1,130,952 | $1,130,952 | -$1,130,952 | $1,130,952 |
2034-35 | $0 | $0 | $0 | $1,130,952 | $1,130,952 | -$1,130,952 | $1,130,952 |
2035-36 | $0 | $0 | $0 | $1,130,952 | $1,130,952 | -$1,130,952 | $1,130,952 |
2036-37 | $0 | $0 | $0 | $1,130,952 | $1,130,952 | -$1,130,952 | $1,130,952 |
2037-38 | $0 | $0 | $0 | $1,130,952 | $1,130,952 | -$1,130,952 | $1,130,952 |
TOTAL | $47,500,000 | $59,500,000 | $11,500,000 | $15,833,333 | $27,333,333 | $31,666,667 | $27,833,328 |