Evilhomer
Registered User
- Oct 10, 2019
- 5,926
- 5,876
Good point, and it highlights that this sort of arrangement is very specific to the player and his situation. It won't be an across the board thing. For instance, while deferred salary might be an option for Tavares, the fact that he would receive deferred money in Canada, at our lovely tax rates, doesn't do him much good.I'd add that the 10 year deferral payout period Vatrano took is for state tax reasons. A State can't go after deferred compensation if you have left that state and take the payments out over 10 years. So California can't go after that money if he moves to say Florida that has no state income tax. So it wouldn't have worked tax-wise if it was less than 10.