NFL has a hard cap yet players will still choose a team like Buffalo which has bad weather, no night life and high taxes, over bad teams in no tax states. Tax implications are overblown.
Player Discussion Alex DeBrincat
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Micklebot
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- Apr 27, 2010
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A mansion in Kanata isn't a cost, it's an investment. Great place to park your money with tax free growth.
AchtzehnBaby
Global Matador
I always judge a city by the number of Olive Garden's within 5kms
DJB
Registered User
- Jan 6, 2009
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Being a Bills fan, players used the Bills as leverage for many many years to sign contracts elsewhere unless we vastly overpaid much like the Sens.
It wasn’t until we started winning did free agents want to come to Buffalo and turned a blind eye to the poor city life, freezing weather and old facility etc
The same will happen here if we start to have success.
Only crap teams in beautiful cities does this not really apply to as much
Golden_Jet
Registered User
- Sep 21, 2005
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It's not a bad idea. Maybe set the salary cap based on take home pay (i.e. after tax/net income) rather than gross pay.
Mingus Dew
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- Oct 7, 2013
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Kanata is probably a lot more tbh. That said no one wants to live in Sunrise, so if we’re talking about a mansion on the water in FLL or Miami it tilts the other way.
Sens Vader
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- Jan 23, 2016
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Sounds like DET will terminate Zadina's contract which will give them more room for a Debrincat extension.
They have the cap space now though so not exactly sure what that is about unless 1) they just want to have a better cap situation over the next couple of years or 2) there is more players involved from our side
They have the cap space now though so not exactly sure what that is about unless 1) they just want to have a better cap situation over the next couple of years or 2) there is more players involved from our side
They have almost $10M in cap space and are currently sitting at a 23 man roster with Veleno to sign as an RFA. They have more than enough cap to make it happen and have since well before free agency opened up. They could send Kubalik's $2.5M cap hit back too, if that eases the burden for them this year although I can't imagine Debrincat getting more than 8x$8.5M from them.
Mingus Dew
Microphone Assassin
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They may have some other dominoes lined up but yeah they have more than enough space to accommodate.
I’m guessing the hold up, at this point, is DBC’s AAV. Detroit probably wants it below 8.
Sens of Anarchy
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- Jul 9, 2013
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Lets face it . He's no Mike Hoffman
As long as PD doesn't get fleeced by Yzerman I can live with it!
NyQuil
Big F$&*in Q
That's asking a lot.
I don't think there's a lot of competition which makes it hard to play hard ball.
Zadina is the one who agreed to have terminated. Him willing to forgo millions for a fresh start makes me like him more character wise. Might be a good buy low candidate.
Mingus Dew
Microphone Assassin
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The return is almost guaranteed to suck at this point so let's just get it over with and move on.
NyQuil
Big F$&*in Q
I think he's nuts. He'd be lucky to make that in 10 years in Europe.
Not to mention, it implies that he believes there's nothing he can learn from the AHL.
Micklebot
Moderator
- Apr 27, 2010
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it's more of a quality of life argument imo, you buy a mansion in Kanata (or on the beach in florida), and then sell it in 7 years or however long you signed for with decent growth every year, no capital gains if it's your principal residence (not sure how the tax situation works in the states so I'll defer on the florida side), not really a sunk cost or anything,
Mingus Dew
Microphone Assassin
- Oct 7, 2013
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Yeah it's more about the upfront cost of a down payment and carry costs while you use the asset. You're likely to make money in the long run but more expensive housing means more penny pinching (in the lightest sense of the term) elsewhere.
Florida is similar although it's not an absolute tax holiday. Think you get $500,000 of gains tax-free on your personal residence.
I'm just saying, guys used to look at somewhere like Tampa and see nice weather, no state tax, cheap COL and rock-bottom housing (nice waterfront properties for under $1mm). Now COL and housing have normalized and are on par with markets in CA, so while the no state tax is still a boon if you value other things (politics, more moderate weather with seasonality, etc.) it's a tougher decision.
Sens of Anarchy
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He likely finds an NHL job at around league minimum on a prove it deal and seemingly wants that vs making more in the AHL.
I think he gets snapped up on a low AAV for a year ... Watch Seattle nab him,
NyQuil
Big F$&*in Q
How many years at league minimum until he gets back up to ~$2.25M a season?
- Sep 9, 2009
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NyQuil
Big F$&*in Q
It would have to be some kind of fit somewhere.
Detroit gave him more opportunities than most teams can.
Sens of Anarchy
Registered User
- Jul 9, 2013
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How many years did he have at 2.5?
I don't know. If he wants to play in the NHL now this is a good way to do that... If his gamble doesn't work he leaves money on the table.
He's still young .. maybe he thinks he's more ready than ever.. If its your dream. Chase it.
