J.T. Miller buyout calculator, cap hit impact
J.T. Miller Buyout Cap Implications
Birthdate March 14, 1993
If J.T. Miller was bought out prior to the 2020-2021 season.
The annual cap hit of a buyout is calculated year by year as follows:
- Add together the Original Cap Hit and the Contract Signing Bonus for that year
- Subtract the Contract Total Salary for that year (base salary + signing bonus).
- Finally, add the Annual Buyout Cost as calculated below.
He would be 27 years old at the buyout giving him a 67% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier
The total buyout cost would be $10,000,000
Remaining base salary
($15,000,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $1,666,667
(Total buyout cost/6 years)
J.T. Miller projected buyout 2020-2021 season

Birthdate March 14, 1993
If J.T. Miller was bought out prior to the 2020-2021 season.
The annual cap hit of a buyout is calculated year by year as follows:
- Add together the Original Cap Hit and the Contract Signing Bonus for that year
- Subtract the Contract Total Salary for that year (base salary + signing bonus).
- Finally, add the Annual Buyout Cost as calculated below.
He would be 27 years old at the buyout giving him a 67% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier
The total buyout cost would be $10,000,000
Remaining base salary
($15,000,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $1,666,667
(Total buyout cost/6 years)
J.T. Miller projected buyout 2020-2021 season
Active Contract
Standard Contract | 5 Years $26,250,000 6.44% of cap space
2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | ||
---|---|---|---|---|---|---|
Cap Hit | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | UFA |
AAV | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | |
Performance Bonuses | $0 | $0 | $0 | $0 | $0 | |
Base Salary | $5,250,000 | $6,000,000 | $4,500,000 | $6,000,000 | $4,500,000 | |
Signing Bonuses | $0 | $0 | $0 | $0 | $0 | |
Total Salary | $5,250,000 | $6,000,000 | $4,500,000 | $6,000,000 | $4,500,000 | |
Minors Salary | $5,250,000 | $6,000,000 | $4,500,000 | $6,000,000 | $4,500,000 | |
Clauses | ||||||
UFA Year | ||||||
Buy It Out | Buy It Out | Buy It Out | ||||