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OT: CBA Discussion (All tax discussion goes here).

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sbjnyc said:
You can offer sheet or trade picks for a player without exceeding the cap. Then you resign those players resulting in going over the cap. You no longer have the picks to forfeit. I'm not saying the NHL can't establish some rules around this but you simply can't compare to the MLB system where draft picks don't get moved, other than compensatory picks.
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If you do not have the picks, you can not exceed the cap. It's seems like a simple solution. You're hypothetical, to the initial hypothetical, seems more far-fetched than the initially proposed unlikely scenario. :laugh:

If you want to go over, you need the picks and will pay a tax.
If you want to offer-sheet, you need the picks.
If you offer-sheet or trade picks, you cannot go over the hard cap.

The system should reward teams like Tampa, who have done their due-diligence and found talent in the drafts. I believe they should be able to keep their talent. It should not reward big market teams and a GM like Sather. There needs to be some form of checks and balances.

Either way, this isn't going to happen. Bettman wants parity
 
duhmetreE said:
I'm all for a 'cap' defined by a luxury tax.

The MLB has a solid foundation with the luxury tax. Numbers would have to be adjusted somewhat because we're talking about a fraction of team payroll.

You can be taxed at a high rate (100+% ) whatever you're overage is and if you're overage occurs for years, you start forfeiting draft picks.

hypothetical system:
1st year - 100% and 3rd rounder forfeit
2nd year - 125% and 2nd rounder forfeit
3rd year - 150% and 1st rounder forfeit
4th year 200% and 1st rounder forfeit
5th year 250% 1st and 2nd rounder forfeit
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Ofcourse anyone in the Rangers,Toronto, Montreal etc markets would like a soft cap. Most teams dont want it outside of a select few with deap pockets.
 
I'd be ok with eliminating the shootout and just ending in a tie.

-or

change the point system.
ROW - 3pts
SOwin - 2pts
OTL/SOL - 1pt
 
duhmetreE said:
You just contradicted yourself.

So, Bob is rumored to go to FLA... how does that affect Panarin exactly?

but say it does.. how are they going to 'blow us out of the water' when Bob will want around $8-9M? With what caproom? IF anything we can outbid them. Bob going to FLA hurts their chances for Panarin
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They can afford both.

Remember 8-9 mill in Florida goes much further than 8-9 mill in NY.
 
duhmetreE said:
Good business to buy a house in Florida. If I were his agent, that's what I'd tell him to do. Make it your legal residence and get paid like Matthews got paid, in signing-bonuses.

His signing bonuses would be taxed in Florida, no matter where he signs.
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This is spot on. There’s no state tax in Florida. See; Manny Machado contract.
 
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41 home games of taxable difference.

I don’t think this will make/break most players decisions where they end up signing.

Some people also don’t like Florida. The humidity and heat. It doesn’t agree with me. Maybe it’s cause I’m 38 and getting fat. Fat people hate the heat.

I just took out my garbage out and sat outside in my hoody and shorts for about 5 minutes looking up at the snow. A lot of players grew up playing pond hockey in cold snowy weather. That’s how I got into hockey.

When was the last time it snowed Miami?
 
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if the rangers want they can get around the tax issue by signing him to a bonus filled contract like the leafs did with matthews. panarin can then pick a tax-free state to make his primary residence when the $9 mil check comes in on 7/1
 
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Kupo said:
41 home games of taxable difference.

I don’t think this will make/break most players decisions where they end up signing.

Some people also don’t like Florida. The humidity and heat. It doesn’t agree with me. Maybe it’s cause I’m 38 and getting fat. Fat people hate the heat.

I just took out my garbage out and sat outside in my hoody and shorts for about 5 minutes looking up at the snow. A lot of players grew up playing pond hockey in cold snowy weather. That’s how I got into hockey.

When was the last time it snowed Miami?
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A lot of snow in south beach.
 
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duhmetreE said:
It's not hard to show primary residence in Florida. My family used to do it.

The fact that he has a condo there makes it easier.
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Did your family play pro sports and make the majority of their money not at their primary residence?
 
For those of you concerned about the tax advantage states, it has to do with The State of Residence.

A big UFA this season lives in a tax friendly state. He plays several hundred miles away for his team.

When he signs, he's going to get a big front loaded signing bonus. He'll be taxed at his home states rate. Even if he doesn't sign with a team in that state.

So let's say he gets a $9M signing bonus from NYR.... He'll be taxed in his "home state".

There's a reason why some of these guys have homes in places that they only play in 1x a year.
 
Mikos87 said:
For those of you concerned about the tax advantage states, it has to do with The State of Residence.

A big UFA this season lives in a tax friendly state. He plays several hundred miles away for his team.

When he signs, he's going to get a big front loaded signing bonus. He'll be taxed at his home states rate. Even if he doesn't sign with a team in that state.

So let's say he gets a $9M signing bonus from NYR.... He'll be taxed in his "home state".

There's a reason why some of these guys have homes in places that they only play in 1x a year.
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Friedman went over this in his last podcast using Matthews as an example. He’s getting a massive signing bonus from Tronna, and that’s being taxed in Arizona- another no tax state.

The big signing bonuses paid out on July 1st are currently the best way for teams in high-tax states to level the playing field against teams like Tampa, Vegas, etc.
 
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