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A Koehn Ziemmer buyout spans 6 years, has a cost of $787,500 and savings of $1,575,000. Ziemmer is 19 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $2,362,500 in salary remaining, the cost is $787,500, and the savings are $1,575,000. 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 | $2,362,500 | $175,000 | 3 | 6 | 19 | 1/3 | $787,500 | $1,575,000 | $131,250 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( LAK) |
| 2024-25 | $787,500 | $845,833 | $87,500 | $131,250 | $218,750 | $656,250 | $189,583 |
| 2025-26 | $787,500 | $845,833 | $87,500 | $131,250 | $218,750 | $656,250 | $189,583 |
| 2026-27 | $787,500 | $845,833 | $0 | $131,250 | $131,250 | $656,250 | $189,583 |
| 2027-28 | $0 | $0 | $0 | $131,250 | $131,250 | -$131,250 | $131,250 |
| 2028-29 | $0 | $0 | $0 | $131,250 | $131,250 | -$131,250 | $131,250 |
| 2029-30 | $0 | $0 | $0 | $131,250 | $131,250 | -$131,250 | $131,250 |
| TOTAL | $2,362,500 | $2,537,499 | $175,000 | $787,500 | $962,500 | $1,575,000 | $962,499 |
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