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A Ethan Gauthier buyout spans 6 years, has a cost of $801,667 and savings of $1,603,333. Gauthier is 19 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $2,405,000 in salary remaining, the cost is $801,667, and the savings are $1,603,333. 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 | $2,405,000 | $190,000 | 3 | 6 | 19 | 1/3 | $801,667 | $1,603,333 | $133,611 |
| SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( TBL) |
| 2024-25 | $775,000 | $865,000 | $95,000 | $133,611 | $228,611 | $641,389 | $223,611 |
| 2025-26 | $775,000 | $865,000 | $95,000 | $133,611 | $228,611 | $641,389 | $223,611 |
| 2026-27 | $855,000 | $865,000 | $0 | $133,611 | $133,611 | $721,389 | $143,611 |
| 2027-28 | $0 | $0 | $0 | $133,611 | $133,611 | -$133,611 | $133,611 |
| 2028-29 | $0 | $0 | $0 | $133,611 | $133,611 | -$133,611 | $133,611 |
| 2029-30 | $0 | $0 | $0 | $133,611 | $133,611 | -$133,611 | $133,611 |
| TOTAL | $2,405,000 | $2,595,000 | $190,000 | $801,667 | $991,667 | $1,603,333 | $991,666 |
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