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A Tuukka Tieksola buyout spans 4 years, has a cost of $508,333 and savings of $1,016,667. Tieksola is 20 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $1,525,000 in salary remaining, the cost is $508,333, and the savings are $1,016,667. 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 | $135,000 | 2 | 4 | 20 | 1/3 | $508,333 | $1,016,667 | $127,083 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( CAR) |
| 2022-23 | $750,000 | $823,333 | $65,000 | $127,083 | $192,083 | $622,917 | $200,416 |
| 2023-24 | $775,000 | $823,333 | $70,000 | $127,083 | $197,083 | $647,917 | $175,416 |
| 2024-25 | $0 | $0 | $0 | $127,083 | $127,083 | -$127,083 | $127,083 |
| 2025-26 | $0 | $0 | $0 | $127,083 | $127,083 | -$127,083 | $127,083 |
| TOTAL | $1,525,000 | $1,646,666 | $135,000 | $508,333 | $643,333 | $1,016,667 | $629,998 |
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