A Roman Josi buyout spans 8 years, has a cost of $20,814,667 and savings of $10,407,333. Josi is 34 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $31,222,000 in salary remaining, the cost is $20,814,667, and the savings are $10,407,333. Buyouts span twice the length of the remaining years and because there are 4 years remaining in the contract, the buyout length is 8 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 | $31,222,000 | $0 | 4 | 8 | 34 | 2/3 | $20,814,667 | $10,407,333 | $2,601,833 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (NSH) |
2024-25 | $9,000,000 | $9,059,000 | $0 | $2,601,833 | $2,601,833 | $6,398,167 | $2,660,833 |
2025-26 | $8,000,000 | $9,059,000 | $0 | $2,601,833 | $2,601,833 | $5,398,167 | $3,660,833 |
2026-27 | $7,222,000 | $9,059,000 | $0 | $2,601,833 | $2,601,833 | $4,620,167 | $4,438,833 |
2027-28 | $7,000,000 | $9,059,000 | $0 | $2,601,833 | $2,601,833 | $4,398,167 | $4,660,833 |
2028-29 | $0 | $0 | $0 | $2,601,833 | $2,601,833 | -$2,601,833 | $2,601,833 |
2029-30 | $0 | $0 | $0 | $2,601,833 | $2,601,833 | -$2,601,833 | $2,601,833 |
2030-31 | $0 | $0 | $0 | $2,601,833 | $2,601,833 | -$2,601,833 | $2,601,833 |
2031-32 | $0 | $0 | $0 | $2,601,833 | $2,601,833 | -$2,601,833 | $2,601,833 |
TOTAL | $31,222,000 | $36,236,000 | $0 | $20,814,667 | $20,814,667 | $10,407,333 | $25,828,664 |