Buyout Calculator: Mitchell Stephens

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

 

Player Details

 

Position: Center

Age of Buyout Date: 24

At age 24 player's buyout will be 1/3 of the remaining salary due ($775,000). This will result in a total buyout of $258,333 with a base salary of $129,167 over each of the next 2 years.

 

Current Contract Breakdown

 
Year   Base Salary (Cash) Signing Bonus Incentive Cap Hit
2020-21 Contract details by year $700,000 $737,500
2021-22 Contract details by year $775,000 $737,500
 

Buyout Breakdown

 
Year   Base Salary (Cash) Buyout Savings Buyout Cap Hit
2021-22 Contract details by year $129,167 $645,833 $91,667
2022-23 Contract details by year $129,167 -$129,167 $129,167
$258,333