BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
---|---|---|---|---|---|---|---|---|---|
Jun 15, 2019 | $1,665,000 | $185,000 | 2 | 4 | 18 | 1/3 | $555,000 | $1,110,000 | $138,750 |
SEASON | BASE SALARY | INITIAL CAP HIT | ACTUAL COST | SAVINGS | FINAL CAP HIT |
2019-20 | $832,500 | $925,000 | $138,750 | $693,750 | $231,250 |
2020-21 | $832,500 | $925,000 | $138,750 | $693,750 | $231,250 |
2021-22 | $0 | $0 | $138,750 | -$138,750 | $138,750 |
2022-23 | $0 | $0 | $138,750 | -$138,750 | $138,750 |
TOTAL | $1,665,000 | $1,850,000 | $555,000 | $1,110,000 | $740,000 |