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Robert Thomas Buyout Results

A Robert Thomas buyout spans 14 years, has a cost of $18,666,667 and savings of $37,333,333. Thomas is 24 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $56,000,000 in salary remaining, the cost is $18,666,667, and the savings are $37,333,333. 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

Cap Hit Calculations

SEASON	INITIAL BASE SALARY	INITIAL CAP HIT	SIGNING BONUS	BUYOUT COST	POST-BUYOUT EARNINGS	SAVINGS	CAP HIT (STL)
2024-25	$10,900,000	$8,125,000	$0	$1,333,333	$1,333,333	$9,566,667	-$1,441,667
2025-26	$10,500,000	$8,125,000	$0	$1,333,333	$1,333,333	$9,166,667	-$1,041,667
2026-27	$8,250,000	$8,125,000	$0	$1,333,333	$1,333,333	$6,916,667	$1,208,333
2027-28	$6,600,000	$8,125,000	$0	$1,333,333	$1,333,333	$5,266,667	$2,858,333
2028-29	$6,600,000	$8,125,000	$0	$1,333,333	$1,333,333	$5,266,667	$2,858,333
2029-30	$6,600,000	$8,125,000	$0	$1,333,333	$1,333,333	$5,266,667	$2,858,333
2030-31	$6,550,000	$8,125,000	$0	$1,333,333	$1,333,333	$5,216,667	$2,908,333
2031-32	$0	$0	$0	$1,333,333	$1,333,333	-$1,333,333	$1,333,333
2032-33	$0	$0	$0	$1,333,333	$1,333,333	-$1,333,333	$1,333,333
2033-34	$0	$0	$0	$1,333,333	$1,333,333	-$1,333,333	$1,333,333
2034-35	$0	$0	$0	$1,333,333	$1,333,333	-$1,333,333	$1,333,333
2035-36	$0	$0	$0	$1,333,333	$1,333,333	-$1,333,333	$1,333,333
2036-37	$0	$0	$0	$1,333,333	$1,333,333	-$1,333,333	$1,333,333
2037-38	$0	$0	$0	$1,333,333	$1,333,333	-$1,333,333	$1,333,333
TOTAL	$56,000,000	$56,875,000	$0	$18,666,667	$18,666,667	$37,333,333	$19,541,662