Buyout Calculator: Joel Farabee

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

 

Player Details

 

Position: Left Wing

Age of Buyout Date: 22

At age 22 player's buyout will be 1/3 of the remaining salary due ($22,500,000). This will result in a total buyout of $7,500,000 with a base salary of $625,000 over each of the next 12 years.

 

Current Contract Breakdown

 
Year   Base Salary (Cash) Signing Bonus Incentive Cap Hit
2022-23 Contract details by year $1,000,000 $5,000,000
2023-24 Contract details by year $2,250,000 $5,000,000
2024-25 Contract details by year $3,000,000 $5,000,000
2025-26 Contract details by year $4,250,000 $5,000,000
2026-27 Contract details by year $6,000,000 $5,000,000
2027-28 Contract details by year $6,000,000 $5,000,000
 

Buyout Breakdown

 
Year   Base Salary (Cash) Buyout Savings Buyout Cap Hit
2022-23 Contract details by year $625,000 $375,000 $4,625,000
2023-24 Contract details by year $625,000 $1,625,000 $3,375,000
2024-25 Contract details by year $625,000 $2,375,000 $2,625,000
2025-26 Contract details by year $625,000 $3,625,000 $1,375,000
2026-27 Contract details by year $625,000 $5,375,000 $-375,000
2027-28 Contract details by year $625,000 $5,375,000 $-375,000
2028-29 Contract details by year $625,000 -$625,000 $625,000
2029-30 Contract details by year $625,000 -$625,000 $625,000
2030-31 Contract details by year $625,000 -$625,000 $625,000
2031-32 Contract details by year $625,000 -$625,000 $625,000
2032-33 Contract details by year $625,000 -$625,000 $625,000
2033-34 Contract details by year $625,000 -$625,000 $625,000
$7,500,000