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A Zack Kassian buyout spans 4 years, has a cost of $3,866,667 and savings of $1,933,333. Kassian is 31 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $5,800,000 in salary remaining, the cost is $3,866,667, and the savings are $1,933,333. 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 | $5,800,000 | $0 | 2 | 4 | 31 | 2/3 | $3,866,667 | $1,933,333 | $966,667 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( ARI) |
| 2022-23 | $3,500,000 | $3,200,000 | $0 | $966,667 | $966,667 | $2,533,333 | $666,667 |
| 2023-24 | $2,300,000 | $3,200,000 | $0 | $966,667 | $966,667 | $1,333,333 | $1,866,667 |
| 2024-25 | $0 | $0 | $0 | $966,667 | $966,667 | -$966,667 | $966,667 |
| 2025-26 | $0 | $0 | $0 | $966,667 | $966,667 | -$966,667 | $966,667 |
| TOTAL | $5,800,000 | $6,400,000 | $0 | $3,866,667 | $3,866,667 | $1,933,333 | $4,466,668 |
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