Buyout Calculator: Alex Newhook

Select a player and the date you wish to buyout the player on.

Player Details

 

Position: Center

Age of Buyout Date: 21

At age 21 player's buyout will be 1/3 of the remaining salary due ($11,600,000). This will result in a total buyout of $3,866,667 with a base salary of $483,333 over each of the next 8 years.

Current Contract Breakdown

 

Year   Base Salary (Cash) Signing Bonus Incentive Cap Hit 2023-24 $3,500,000 $2,900,000 2024-25 $3,300,000 $2,900,000 2025-26 $2,700,000 $2,900,000 2026-27 $2,100,000 $2,900,000

Buyout Breakdown

 

Year   Base Salary (Cash) Buyout Savings Buyout Cap Hit 2023-24 $483,333 $3,016,667 $-116,667 2024-25 $483,333 $2,816,667 $83,333 2025-26 $483,333 $2,216,667 $683,333 2026-27 $483,333 $1,616,667 $1,283,333 2027-28 $483,333 -$483,333 $483,333 2028-29 $483,333 -$483,333 $483,333 2029-30 $483,333 -$483,333 $483,333 2030-31 $483,333 -$483,333 $483,333 $3,866,667