A team from Florida will be competing in the Stanley Cup final for the 6th year in a row

[avocadosmoothie]

You know, you do make a good point when you put it that way, so perhaps it’s a bigger variable than I thought.

What I’ll admit is that people on both sides of this issue is that we’re all going off of incomplete information and drawing a guess based on that. Unless we were hypothetically able to analyze every single player’s tax returns (which we can’t and I’d fathom a guess that it would be illegal if we tried to), we can’t know everything.

Although again, the way you put it changes my mind somewhat, in the sense that it’s probably a bigger advantage than I originally thought.

I think it is. 5M throughout an entire roster is likely on the lower end of things, too.

 

[avocadosmoothie]

The idea that teams in tax-free states like Florida have some unfair advantage is a bit overblown. NHL players are high-net-worth individuals with excellent financial advisors and agents who specialize in navigating tax laws. There are legal strategies, like incorporating in low-tax states, leveraging signing bonuses, setting up deferrals, and using deductions, that can offset local income tax obligations.

It is an advantage on the surface, but there are ways around that “tax” issue that make it close to a level playing field. The real problem with this argument is that many people don’t actually understand the nuances, they just see “taxes, taxes, taxes” and run with it. It goes over their head, because once you actually research it and look into the financial options available to players, you realize it’s not the decisive factor some make it out to be. You can’t keep leaning on it as a crutch when there are ways to mitigate the impact and still build competitive teams across the league.

you think players in no tax states have less of these financial options than players in taxed states? that is pure lolz. these nuances you speak of have negligible impact compared to raw take home, no matter how you try to slice it

 

[Beukeboom Fan]

And you no this as factual?and what does marners endorsements have to do with teams signing players for less and benefitingfrom tax free states? What a reach lolol

The "reach" is that there a huge number of factors which can impact a markets desirability for UFAs. The CBA ignores all of non-monetary factors including things like signing bonuses, endorsement opportunities, and relative cost of living. Cherry picking taxes because it reinforces certain perspectives as to why certain markets can't succeed seems to be the easy button IMO.

 

[FinlandPanther]

We're talking about how teams being able to sign players for less in tax free states. Is a huge benefit towards the cap and your telling me to use my brain??? That's pretty rich guy...

It’s almost like Marner would also sign in Toronto for the endorsements. Brain POWER!

 

[Laus723]

you think players in no tax states have less of these financial options than players in taxed states? that is pure lolz. these nuances you speak of have negligible impact compared to raw take home, no matter how you try to slice it

Let’s have a look at endorsements on “big cities.” Love how no one ever has any answer for 2005-2021, still had those advantages. They also just overlook what Marner and Matthews was paid right off their rookie deals. Ownership, GM, coaches, players, etc matter.

 

[Son of Nogatco]

and what does marners endorsements have to do with teams signing players for less and benefitingfrom tax free states? What a reach lolol

probably the fact that there are more lucrative endorsement opportunities in Canadian markets than there are in the Sun belt, and for elite players like Marner that’s a significant revenue stream that at least somewhat mitigates whatever the local taxation disadvantages are.

 

[Summer Rose]

probably the fact that there are more lucrative endorsement opportunities in Canadian markets than there are in the Sun belt, and for elite players like Marner that’s a significant revenue stream that at least somewhat mitigates whatever the local taxation disadvantages are.

I think the argument is that players on teams in high tax jurisdictions (such as Toronto) have to spend more on high-end players (let's take John Tavares at his $11m cap hit for example), which gives them less cap space to construct a team, whereas an equivalent contract for John Tavares if he signed for a team where there's no state tax that results in the same net pay would be... well, less than $11m in gross compensation certainly, I'm not going to try to do the math on it, but it does leave the team with slightly more cap space.

While a player could hypothetically earn more money from endorsements (and the like) on top of his salary by signing with Toronto, I've heard of no such case where a player agreed to take, say, a $9m contract in Toronto (as opposed to say $10m in Nashville) because the negotiation of that salary was "well you can end up making more money overall by signing here so we can get away with giving you a smaller contract" or something like that.

I can buy that argument as being valid, but I'll admit I don't have an informed opinion on whether I agree or disagree with it. I'd have to see all the numbers on it to form a truly informed opinion, and because players' tax returns are not public information, that's not possible.

 

[T REX]

And Marner gets way more in endorsements. So tell me again now?

That doesn't count! LOL. Only taxes count. Everything else...nope. Just taxes.

 

[frisco]

I don't think anyone has mentioned this, but there has been a teammate of Jaromir Jagr in the Finals every year since 1980 now that Florida is in. You have to do a bit of a cheat and call Palat a teammate from the national team when TB was in the Finals in 2022.

My Best-Carey

 

[Osprey]

For the second year in a row, the Stanley Cup Final will feature two teams with no state income tax.

 

[Dirty Mind]

I said it before but in an era of 32 teams it’s a remarkable stat. Like from 1983-1990 a team from Alberta represented the West in the finals.

What state/province is next? What if a Pennsylvania team represented the East 8 years in a row.

 

[Summer Rose]

I said it before but in an era of 32 teams it’s a remarkable stat. Like from 1983-1990 a team from Alberta represented the West in the finals.

What state/province is next? What if a Pennsylvania team represented the East 8 years in a row.

Utah will win the western conference six straight years starting in 2027.

 

[Dirty Mind]

Utah will win the western conference six straight years starting in 2027.

It would go on a long way to establishing the Mammoth in SLC. I wonder what the chances are of them usurping the Jazz as their most popular team?

 

[KeithIsActuallyBad]

Eh. Pretty boring beating up the league

I mean, you're kinda just in that Carolina/Anaheim/Dallas tier of teams so far.

 

[paulmm3]

The Jazz are so bad it's $5 tickets and 75% empty stadiums. The hockey team at least sold out every game. If the Jazz weren't the worst team in the league more people would go but the hockey team is already at least as popular

 

[pb1300]

you think players in no tax states have less of these financial options than players in taxed states? that is pure lolz. these nuances you speak of have negligible impact compared to raw take home, no matter how you try to slice it

Ive seen it first hand with my brother who deals with a similar issue as a partner at a multi-billion dollar Manhattan architectural firm, aside from reading on the matter. You haven’t reached those studies yet. Those will come in the advanced classes, once you get to high school.

 

[avocadosmoothie]

Ive seen it first hand with my brother who deals with a similar issue as a partner at a multi-billion dollar Manhattan architectural firm, aside from reading on the matter. You haven’t reached those studies yet. Those will come in the advanced classes, once you get to high school.

aSiDe fRoM rEaDiNg oN tHe MaTtuR!!!

your readings tell you that all the players in taxed states have financial options that all the players in the non-taxed states have zero access to, and that this imaginary discrepancy makes it a "level playing field"? sure bro

 

[pb1300]

aSiDe fRoM rEaDiNg oN tHe MaTtuR!!!

your readings tell you that all the players in taxed states have financial options that all the players in the non-taxed states have zero access to, and that this imaginary discrepancy makes it a "level playing field"? sure bro

Again, you haven’t gotten to that in high school yet. I’m curious, why is Matthews contract structured mostly with signing bonuses? And why would he maintain his residency in Arizona? Oh, and tell me how foreign tax credits work please, I’d love to hear your expertise on this matter.

The tax advantage Florida has comes to the 41 games they play at home. That is all, as the jock tax requires all teams to pay states taxes in cities they play in, even road teams. But with these options that Matthews as an example takes advantage of, proves that can level it out to a slight advantage.

If you don’t know about this matter, why even speak, aside from your childish, irrelevant responses.

 

[avocadosmoothie]

Again, you haven’t gotten to that in high school yet. I’m curious, why is Matthews contract structured mostly with signing bonuses? And why would he maintain his residency in Arizona? Oh, and tell me how foreign tax credits work please, I’d love to hear your expertise on this matter.

The tax advantage Florida has comes to the 41 games they play at home. That is all, as the jock tax requires all teams to pay states taxes in cities they play in, even road teams. But with these options that Matthews as an example takes advantage of, proves that can level it out to a slight advantage.

If you don’t know about this matter, why even speak, aside from your childish, irrelevant responses.

that's a lot of words to avoid answering the question

I repeat, did your readings tell you that all the players in taxed states have financial options that all the players in the non-taxed states have zero access to, and that this imaginary discrepancy makes it a "level playing field"?

 

[pb1300]

that's a lot of words to avoid answering the question

I repeat, did your readings tell you that all the players in taxed states have financial options that all the players in the non-taxed states have zero access to, and that this imaginary discrepancy makes it a "level playing field"?

You’ve avoided every single level-headed response every member has made to you, with condescending, childish replies. Go ahead and do the research yourself, if you’re capable of doing so, and see how little difference there is in Matthews contract between Florida and Toronto, using all the information I provided. You’ve given all the answers to the questions already Let’s see if you’re capable of finding the question. Cause if you were, you’d come back and say “damn, you’re right. Apologies.”

Nah, who am I kidding, you’ll just respond with more “cHiLdIsh ReSpoNseS” like you always do. Pathetic.

 

[avocadosmoothie]

You’ve avoided every single level-headed response every member has made to you, with condescending, childish replies. Go ahead and do the research yourself, if you’re capable of doing so, and see how little difference there is in Matthews contract between Florida and Toronto, using all the information I provided. You’ve given all the answers to the questions already Let’s see if you’re capable of finding the question. Cause if you were, you’d come back and say “damn, you’re right. Apologies.”

Nah, who am I kidding, you’ll just respond with more “cHiLdIsh ReSpoNseS” like you always do. Pathetic.

what are you crying about? you made the statement I'm asking you to clarify in an earlier post, why are you still talking about a single player in Matthews and not answering the question? what is going on with you lmfao

 

[Silky Johnson]

Florida is America's wang.

 

[pb1300]

what are you crying about? you made the statement I'm asking you to clarify in an earlier post, why are you still talking about a single player in Matthews and not answering the question? what is going on with you lmfao

And I answered the question. Do your own research. You’ve been given the tools already. I’m not going to hold your hand and walk you through what 2+2 is. Regardless, once you figure out how wrong you are, you’ll just go back to the weather and low expectations as an excuse

 

[avocadosmoothie]

And I answered the question. Do your own research. You’ve been given the tools already. I’m not going to hold your hand and walk you through what 2+2 is. Regardless, once you figure out how wrong you are, you’ll just go back to the weather and low expectations as an excuse

you didn't answer, you're droning on and on about Matthews who nobody asked about

 

[BB79]

For the second year in a row, the Stanley Cup Final will feature two teams with no state income tax.

Let's get a big HOORAY for the state of Alberta!