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A Kasper Halttunen buyout spans 6 years, has a cost of $845,000 and savings of $1,690,000. Halttunen is 19 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $2,535,000 in salary remaining, the cost is $845,000, and the savings are $1,690,000. Buyouts span twice the length of the remaining years and because there are 3 years remaining in the contract, the buyout length is 6 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, 2024 | $2,535,000 | $190,000 | 3 | 6 | 19 | 1/3 | $845,000 | $1,690,000 | $140,833 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( SJS) |
| 2024-25 | $825,000 | $908,333 | $95,000 | $140,833 | $235,833 | $684,167 | $224,166 |
| 2025-26 | $855,000 | $908,333 | $95,000 | $140,833 | $235,833 | $714,167 | $194,166 |
| 2026-27 | $855,000 | $908,333 | $0 | $140,833 | $140,833 | $714,167 | $194,166 |
| 2027-28 | $0 | $0 | $0 | $140,833 | $140,833 | -$140,833 | $140,833 |
| 2028-29 | $0 | $0 | $0 | $140,833 | $140,833 | -$140,833 | $140,833 |
| 2029-30 | $0 | $0 | $0 | $140,833 | $140,833 | -$140,833 | $140,833 |
| TOTAL | $2,535,000 | $2,724,999 | $190,000 | $845,000 | $1,035,000 | $1,690,000 | $1,034,997 |
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