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Seth Jones Buyout Results

A Seth Jones buyout spans 12 years, has a cost of $15,666,667 and savings of $7,833,333. Jones is 29 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $23,500,000 in salary remaining, the cost is $15,666,667, and the savings are $7,833,333. Buyouts span twice the length of the remaining years and because there are 6 years remaining in the contract, the buyout length is 12 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 (CHI)
2024-25	$7,500,000	$9,500,000	$5,000,000	$1,305,556	$6,305,556	$6,194,444	$3,305,556
2025-26	$5,500,000	$9,500,000	$5,000,000	$1,305,556	$6,305,556	$4,194,444	$5,305,556
2026-27	$3,000,000	$9,500,000	$5,000,000	$1,305,556	$6,305,556	$1,694,444	$7,805,556
2027-28	$2,500,000	$9,500,000	$5,000,000	$1,305,556	$6,305,556	$1,194,444	$8,305,556
2028-29	$2,500,000	$9,500,000	$5,000,000	$1,305,556	$6,305,556	$1,194,444	$8,305,556
2029-30	$2,500,000	$9,500,000	$5,000,000	$1,305,556	$6,305,556	$1,194,444	$8,305,556
2030-31	$0	$0	$0	$1,305,556	$1,305,556	-$1,305,556	$1,305,556
2031-32	$0	$0	$0	$1,305,556	$1,305,556	-$1,305,556	$1,305,556
2032-33	$0	$0	$0	$1,305,556	$1,305,556	-$1,305,556	$1,305,556
2033-34	$0	$0	$0	$1,305,556	$1,305,556	-$1,305,556	$1,305,556
2034-35	$0	$0	$0	$1,305,556	$1,305,556	-$1,305,556	$1,305,556
2035-36	$0	$0	$0	$1,305,556	$1,305,556	-$1,305,556	$1,305,556
TOTAL	$23,500,000	$57,000,000	$30,000,000	$15,666,667	$45,666,667	$7,833,333	$49,166,672