Losing yesterday sucks but thank you, Toronto, for keeping some things in perspective.
Don't they also pay a portion of their taxes in the other cities they play in?
So 41 games worth will be in Tampa, while the other 41 he'd be paying taxes (well not 41, since he'll be playing the panthers as well).
“Ryan can take a test-drive there and vice versa,†said his agent Steve Bartlett, who says Tampa general manager Steve Yzerman is taking it low-key. “There’s no gun to anybody’s head. I love that attitude.†Bartlett concedes that the lack of state income tax is a carrot. “You can take 10-per-cent less in Florida than New York and have it be the same amount of money.â€
With the Mariners, Cano will benefit from playing more than 70 percent of his games in jurisdictions that don’t have a state tax, including Texas. Seattle plays in the American League’s Western Division, which includes two Texas teams -- the Texas Rangers and Houston Astros. Washington voters rejected an income tax in 2010. States tax athletes based on days or games played within their borders. For the Mariners, Raiola said he assumed a state tax rate of 7 percent in the locales where athletes are subject to tax.
As a member of the Mariners, Cano, 31, will pay about $504,000 annually in state taxes, Raiola said. As a member of the Yankees, he would pay about $2.2 million a year over the life of the contract, said Raiola, the sports and entertainment senior group manager at Cranford, New Jersey-based Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC.
The five-time All-Star’s net pay would be about $12.8 million annually for 10 years with the Mariners, Raiola said. It would be about $12.3 million annually for seven years with the Yankees. That, combined with the extra three years of salary in Seattle, is a difference of about $42 million over the span of the Mariners contract.
The Yankees would have had to pay Cano about $265 million for him to keep the same amount that he will with Seattle, Raiola said.
Cano’s net pay over the life of his Seattle contract is about $128 million, Raiola said. His net pay over the life of the Yankees offer, he said, would have been about $86 million.
All players in all sports pay taxes in other cities but Callahan's agent brought up no state tax in Florida
http://blogs.edmontonjournal.com/2014/03/09/short-shifts-5/
Cano benefitted from signing in Washington state. No state income tax.
http://www.bloomberg.com/news/2013-...million-in-tax-friendly-bolt-to-mariners.html
41 games in Tampa. 2-3 games in Fort Lauderdale. 1 game in Dallas. 1 game in Tennessee.
Rinaldo is such a scrub
Rinaldo is such a pos .
Hate Rinaldo, but nothing wrong with what he did there. Clean hit. Ignila challenged him, and if you're Rinalod, you're not going to not take Iginla off the ice for five.
****
I hate this crap where I have to live and die by the Flyers losing. Thanks Rangers for taking Calgary for granted and forgetting to play D and how to save routine shots.
Then don't. This is just a game.![]()