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A Taylor Fedun buyout spans 4 years, has a cost of $1,016,667 and savings of $508,333. Fedun is 34 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $1,525,000 in salary remaining, the cost is $1,016,667, and the savings are $508,333. Buyouts span twice the length of the remaining years and because there are 2 years remaining in the contract, the buyout length is 4 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 | $1,525,000 | $0 | 2 | 4 | 34 | 2/3 | $1,016,667 | $508,333 | $254,167 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( PIT) |
| 2022-23 | $750,000 | $762,500 | $0 | $254,167 | $254,167 | $495,833 | $266,667 |
| 2023-24 | $775,000 | $762,500 | $0 | $254,167 | $254,167 | $520,833 | $241,667 |
| 2024-25 | $0 | $0 | $0 | $254,167 | $254,167 | -$254,167 | $254,167 |
| 2025-26 | $0 | $0 | $0 | $254,167 | $254,167 | -$254,167 | $254,167 |
| TOTAL | $1,525,000 | $1,525,000 | $0 | $1,016,667 | $1,016,667 | $508,333 | $1,016,668 |
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