A Jonathan Huberdeau buyout spans 14 years, has a cost of $12,666,667 and savings of $6,333,333. Huberdeau is 31 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 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.
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 | $54,500,000 | 7 | 14 | 31 | 2/3 | $12,666,667 | $6,333,333 | $904,762 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (CGY) |
2024-25 | $3,500,000 | $10,500,000 | $7,000,000 | $904,762 | $7,904,762 | $2,595,238 | $7,904,762 |
2025-26 | $3,500,000 | $10,500,000 | $7,000,000 | $904,762 | $7,904,762 | $2,595,238 | $7,904,762 |
2026-27 | $1,000,000 | $10,500,000 | $9,500,000 | $904,762 | $10,404,762 | $95,238 | $10,404,762 |
2027-28 | $1,000,000 | $10,500,000 | $9,500,000 | $904,762 | $10,404,762 | $95,238 | $10,404,762 |
2028-29 | $3,500,000 | $10,500,000 | $7,000,000 | $904,762 | $7,904,762 | $2,595,238 | $7,904,762 |
2029-30 | $1,000,000 | $10,500,000 | $9,500,000 | $904,762 | $10,404,762 | $95,238 | $10,404,762 |
2030-31 | $5,500,000 | $10,500,000 | $5,000,000 | $904,762 | $5,904,762 | $4,595,238 | $5,904,762 |
2031-32 | $0 | $0 | $0 | $904,762 | $904,762 | -$904,762 | $904,762 |
2032-33 | $0 | $0 | $0 | $904,762 | $904,762 | -$904,762 | $904,762 |
2033-34 | $0 | $0 | $0 | $904,762 | $904,762 | -$904,762 | $904,762 |
2034-35 | $0 | $0 | $0 | $904,762 | $904,762 | -$904,762 | $904,762 |
2035-36 | $0 | $0 | $0 | $904,762 | $904,762 | -$904,762 | $904,762 |
2036-37 | $0 | $0 | $0 | $904,762 | $904,762 | -$904,762 | $904,762 |
2037-38 | $0 | $0 | $0 | $904,762 | $904,762 | -$904,762 | $904,762 |
TOTAL | $19,000,000 | $73,500,000 | $54,500,000 | $12,666,667 | $67,166,667 | $6,333,333 | $67,166,668 |