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Tim Stützle Buyout Results

A Tim Stützle buyout spans 14 years, has a cost of $20,600,000 and savings of $41,200,000. Stützle is 22 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $61,800,000 in salary remaining, the cost is $20,600,000, and the savings are $41,200,000. Buyouts span twice the length of the remaining years and because there are 7 years remaining in the contract, the buyout length is 14 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, 2024$61,800,000$0714221/3$20,600,000$41,200,000$1,471,429
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Ottawa SenatorsOTT)
2024-25$6,500,000$8,350,000$0$1,471,429$1,471,429$5,028,571$3,321,429
2025-26$9,000,000$8,350,000$0$1,471,429$1,471,429$7,528,571$821,429
2026-27$9,000,000$8,350,000$0$1,471,429$1,471,429$7,528,571$821,429
2027-28$10,000,000$8,350,000$0$1,471,429$1,471,429$8,528,571-$178,571
2028-29$10,000,000$8,350,000$0$1,471,429$1,471,429$8,528,571-$178,571
2029-30$9,900,000$8,350,000$0$1,471,429$1,471,429$8,428,571-$78,571
2030-31$7,400,000$8,350,000$0$1,471,429$1,471,429$5,928,571$2,421,429
2031-32$0$0$0$1,471,429$1,471,429-$1,471,429$1,471,429
2032-33$0$0$0$1,471,429$1,471,429-$1,471,429$1,471,429
2033-34$0$0$0$1,471,429$1,471,429-$1,471,429$1,471,429
2034-35$0$0$0$1,471,429$1,471,429-$1,471,429$1,471,429
2035-36$0$0$0$1,471,429$1,471,429-$1,471,429$1,471,429
2036-37$0$0$0$1,471,429$1,471,429-$1,471,429$1,471,429
2037-38$0$0$0$1,471,429$1,471,429-$1,471,429$1,471,429
TOTAL$61,800,000$58,450,000$0$20,600,000$20,600,000$41,200,000$17,250,006