A Shayne Gostisbehere buyout spans 2 years, has a cost of $666,667 and savings of $333,333. Gostisbehere is 29 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $1,000,000 in salary remaining, the cost is $666,667, and the savings are $333,333. 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||BASE SALARY REMAINING||S.BONUS REMAINING||YEARS REMAINING||BUYOUT LENGTH||AGE||BUYOUT RATIO||TOTAL COST||TOTAL SAVINGS||ANNUAL COST|
|Jun. 15, 2022||$1,000,000||$2,250,000||1||2||29||2/3||$666,667||$333,333||$333,334|