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Around the League, Summer 2016--NHL Draft Shenanigans Edition

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tsanuri said:
No it won't be.
It's not that way in any other league and the NHL has no control over tax policy.
It would also mean having to make adjustments in the middle of the season to the cap. New tax rates go into effect in almost every jurisdiction on Jan 1st, the start of the new year.
And the way that tax is figured for athletes is based off where they play. So where playing in a low tax state can help for half the season the rest is taxed where you play.
And anyone thinking that anyone that makes any money pays close to what the tax rate is listed at I have some nice ocean front property for you in Arizona.
The tax argument is one that those that lost like to make.
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I agree but when those that lost are the Detroit's and Toronto's I could see it getting traction.

They would not have to adjust mid year. They would put the cap out, and then adjust for each team during the offseason. If it changes mid year that would not show till the following year.

It owuld not matter if no other sports league does it. The NHL changes its rules and laws more frequently than any other league.
 
Martyros said:
To be fair, some teams would have to offer 11+ million to equal the amount He'd make in Florida due to tax.

So technically, he still got the money he wanted.
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Reasonably sure that's now how taxes work for someone in his position. The state tax differences aren't all that much in practice but I think he's still paying tax due to the location of the actual check. Hence 30+ games outside the state of Florida decreases the actual influence on a supposedly lower Florida total income tax.

But beyond all this "Florida isn't a terrible terrible place filled with crazy people stuff" he likely left somewhere around 16 Million on the table assuming 8 year contract). Maybe even more. Guess like him are just not available on the open market... Someone has to have thought of a 12M AVV contract. No question in my mind someone did.
 
YP44 said:
I agree but when those that lost are the Detroit's and Toronto's I could see it getting traction.

They would not have to adjust mid year. They would put the cap out, and then adjust for each team during the offseason. If it changes mid year that would not show till the following year.

It owuld not matter if no other sports league does it. The NHL changes its rules and laws more frequently than any other league.
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You mean those that perceive they lost?
Toronto thinks they are owed every player in the league and I think every GM knows and likely hates it.
Even with Matthews they aren't ready to compete really.
Where Detroit could have and likely would have paid more money. Where are they as a team right now?
I think he might have taken a little less knowing the taxes.
But in reality he took a little less because Tampa is going places.
They were in the finals 2 years ago and were 1 game away last year.
The fact they have been there and not won gives them a bit of a hometown discount. I think once your team has won it kind of goes out the door. I've done it would like to do it again but pay me what I am do.
And why go to a place to try and make them a contending team when you are already the guy on a contending team?
He likely thought long and hard about leaving and wanted to see what was out there and if the cap might go up more. But how Tampa played while he was out showed him why he should stay, so he did.
 
tsanuri said:
You mean those that perceive they lost?
Toronto thinks they are owed every player in the league and I think every GM knows and likely hates it.
Even with Matthews they aren't ready to compete really.
Where Detroit could have and likely would have paid more money. Where are they as a team right now?
I think he might have taken a little less knowing the taxes.
But in reality he took a little less because Tampa is going places.
They were in the finals 2 years ago and were 1 game away last year.
The fact they have been there and not won gives them a bit of a hometown discount. I think once your team has won it kind of goes out the door. I've done it would like to do it again but pay me what I am do.
And why go to a place to try and make them a contending team when you are already the guy on a contending team?
He likely thought long and hard about leaving and wanted to see what was out there and if the cap might go up more. But how Tampa played while he was out showed him why he should stay, so he did.
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Ya, Stamkos aside if the GM's of some of the NHL's most revenue generating clubs start to complain about tax rates not giving them an advantage, I could see it being part of the CBA conversation. really if Boston feels it gives them a disadvantage it maybe all it takes.

I agree with you that it is a weak excuse, but I could see teams making it an issue.
 
YP44 said:
Ya, Stamkos aside if the GM's of some of the NHL's most revenue generating clubs start to complain about tax rates not giving them an advantage, I could see it being part of the CBA conversation. really if Boston feels it gives them a disadvantage it maybe all it takes.

I agree with you that it is a weak excuse, but I could see teams making it an issue.
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I can't because anyone in any position that has dealt with accountants knows that the tax argument is one made to rally the fans.
I was small potatoes but had a tax guy while I was managing restaurants that made my tax bracket 0%. While being in a 25% tax bracket and approaching 28%. Those are federal numbers only. Can't remember the state numbers but they were around 10% and were also 0%.
I'm sure these guys don't get that low but once done with everything they don't have a tax burden, at least in the US, anywhere near what the numbers pretend they have.
 
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tsanuri said:
I can't because anyone in any position that has dealt with accountants knows that the tax argument is one made to rally the fans.
I was small potatoes but had a tax guy while I was managing restaurants that made my tax bracket 0%. While being in a 25% tax bracket and approaching 28%. Those are federal numbers only. Can't remember the state numbers but they were around 10% and were also 0%.
I'm sure these guys don't get that low but once done with everything they don't have a tax burden, at least in the US, anywhere near what the numbers pretend they have.
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Considering some cities have "jock taxes" I am sure that these guys are not getting down to 0%. That said I am sure they have many people who the pay very well to save big portions of $$.

Just for the record I am a designated accountant (definitely not tax) and I fully believe it plays into a player's decision.
 
I know Dean loves his reclamation projects, and he did pick up a dinged up Williams and a risky Willie Mitchell with concussion issues, but at this point I'm not sure what to think.

This UFA draft class isn't all that great as I feel like there are a bunch of bubble guys who are going to get overpaid or have yet something to prove.

Then there are older guys who are safer options, such as Hamhuis and Campbell, but you don't want to commit to term or overpay for them considering who the Kings have to allocate cap space towards when you look ahead to 2017, 2018, 2019 and beyond.
 
Lucic's camp has told Vancouver they are out of the running on him.

Obviously these guys and teams must talk #'s during the courting period even though they are not supposed to be.
 
Ziggy Stardust said:
I know Dean loves his reclamation projects, and he did pick up a dinged up Williams and a risky Willie Mitchell with concussion issues, but at this point I'm not sure what to think.

This UFA draft class isn't all that great as I feel like there are a bunch of bubble guys who are going to get overpaid or have yet something to prove.

Then there are older guys who are safer options, such as Hamhuis and Campbell, but you don't want to commit to term or overpay for them considering who the Kings have to allocate cap space towards when you look ahead to 2017, 2018, 2019 and beyond.
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All signs are that Campbell signs a cheap deal in Chicago.

Would love Hamhuis
 
Ziggy Stardust said:
I know Dean loves his reclamation projects, and he did pick up a dinged up Williams and a risky Willie Mitchell with concussion issues, but at this point I'm not sure what to think.

This UFA draft class isn't all that great as I feel like there are a bunch of bubble guys who are going to get overpaid or have yet something to prove.

Then there are older guys who are safer options, such as Hamhuis and Campbell, but you don't want to commit to term or overpay for them considering who the Kings have to allocate cap space towards when you look ahead to 2017, 2018, 2019 and beyond.
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Yep, it's a good year to be a slightly above-average free agent.
 
herby said:
he will be their brown/richards by 2019.

Goodluck oilers.
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****! I was really looking forward to celebrating Lucic at 6X6 and then watching it turn into Brown 2.0. Years of entertainment right there.

I'm all for a short year or 2 contract for Wiz/Schultz. Take a gamble. Maybe flip them at the deadline, or it might work out.
 
Herby said:
It doesn't matter, if he pulls a Richards/Brown that basically makes him untradeable.
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Yeah, that's a real good point about a functional NTC built into a player's performance, haha--at that salary if he plays well, great, you won't want to trade him; if he doesn't, you can't move him.
 
Tadite said:
Reasonably sure that's now how taxes work for someone in his position. The state tax differences aren't all that much in practice but I think he's still paying tax due to the location of the actual check. Hence 30+ games outside the state of Florida decreases the actual influence on a supposedly lower Florida total income tax.

But beyond all this "Florida isn't a terrible terrible place filled with crazy people stuff" he likely left somewhere around 16 Million on the table assuming 8 year contract). Maybe even more. Guess like him are just not available on the open market... Someone has to have thought of a 12M AVV contract. No question in my mind someone did.
Click to expand...

They pay tax in every state where they play a game, each game being 1/82 of 100%. It's not insignificant to play 50% of your games in a state with no tax but it's definitely not everything. I'm just glad all the "come home to Toronto " knobs were wrong. Again.
 
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