BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
---|---|---|---|---|---|---|---|---|---|
Jun 15, 2020 | $2,000,000 | $0 | 2 | 4 | 26 | 2/3 | $1,333,333 | $666,667 | $333,333 |
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( |
2020-21 | $1,000,000 | $1,000,000 | $0 | $333,333 | $333,333 | $666,667 | $333,333 |
2021-22 | $1,000,000 | $1,000,000 | $0 | $333,333 | $333,333 | $666,667 | $333,333 |
2022-23 | $0 | $0 | $0 | $333,333 | $333,333 | -$333,333 | $333,333 |
2023-24 | $0 | $0 | $0 | $333,333 | $333,333 | -$333,333 | $333,333 |
TOTAL | $2,000,000 | $2,000,000 | $0 | $1,333,333 | $1,333,333 | $666,667 | $1,333,332 |