Shane Pinto Buyout Results

A Shane Pinto buyout spans 2 years, has a cost of $277,500 and savings of $555,000. Pinto is 21 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $832,500 in salary remaining, the cost is $277,500, and the savings are $555,000. Buyouts span twice the length of the remaining years and because there is 1 year remaining in the contract, the buyout length is 2 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.

Buyout Date
Cost Calculations
BUYOUT DATEBASE SALARY REMAININGS.BONUS REMAININGYEARS REMAININGBUYOUT LENGTHAGEBUYOUT RATIOTOTAL COSTTOTAL SAVINGSANNUAL COST
Jun. 15, 2022$832,500$92,50012211/3$277,500$555,000$138,750
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Ottawa SenatorsOTT)
2022-23$832,500$925,000$92,500$138,750$231,250$693,750$231,250
2023-24$0$0$0$138,750$138,750-$138,750$138,750
TOTAL$832,500$925,000$92,500$277,500$370,000$555,000$370,000
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