A Zachary Werenski buyout spans 8 years, has a cost of $12,666,667 and savings of $6,333,333. Werenski is 26 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $19,000,000 in salary remaining, the cost is $12,666,667, and the savings are $6,333,333. Buyouts span twice the length of the remaining years and because there are 4 years remaining in the contract, the buyout length is 8 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.
Cost Calculations
BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
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Jun. 15, 2024 | $19,000,000 | $16,500,000 | 4 | 8 | 26 | 2/3 | $12,666,667 | $6,333,333 | $1,583,333 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (CBJ) |
2024-25 | $9,500,000 | $9,583,333 | $2,000,000 | $1,583,333 | $3,583,333 | $7,916,667 | $1,666,666 |
2025-26 | $7,500,000 | $9,583,333 | $2,000,000 | $1,583,333 | $3,583,333 | $5,916,667 | $3,666,666 |
2026-27 | $1,000,000 | $9,583,333 | $6,250,000 | $1,583,333 | $7,833,333 | -$583,333 | $10,166,666 |
2027-28 | $1,000,000 | $9,583,333 | $6,250,000 | $1,583,333 | $7,833,333 | -$583,333 | $10,166,666 |
2028-29 | $0 | $0 | $0 | $1,583,333 | $1,583,333 | -$1,583,333 | $1,583,333 |
2029-30 | $0 | $0 | $0 | $1,583,333 | $1,583,333 | -$1,583,333 | $1,583,333 |
2030-31 | $0 | $0 | $0 | $1,583,333 | $1,583,333 | -$1,583,333 | $1,583,333 |
2031-32 | $0 | $0 | $0 | $1,583,333 | $1,583,333 | -$1,583,333 | $1,583,333 |
TOTAL | $19,000,000 | $38,333,332 | $16,500,000 | $12,666,667 | $29,166,667 | $6,333,333 | $31,999,996 |