Player Discussion Leon Draisaitl's next contract

[McJadeddog]

what did he get him?

Hah, I’m also fairly interested in what a billionaire gives for a wedding gift

 

[McShogun99]

Hah, I’m also fairly interested in what a billionaire gives for a wedding gift

Mcdavids wedding gift was a check for 100 million dollars. His extension next season will be 4 million x 8.

 

[Bryanbryoil]

There are a LOT of possible options!!!!!!

I swear, I think that Katz should look at hiring a certain math professor that just so happens to be an Oilers fan to help crunch the cap numbers!

 

[Bryanbryoil]

Hah, I’m also fairly interested in what a billionaire gives for a wedding gift

A Cracker Jack box? They have to be at least a little on the cheap side to get that rich!

 

[Soundwave]

Here's another point to consider from this NY Times article on Ohtani from an investment expert, keep in mind California state tax is 14.4%, so that means Ohtani is basically expected to get residency in a non-tax state after he retires and save that 14.4%

https://www.nytimes.com/athletic/5153421/2023/12/21/shohei-ohtani-dodgers-contract-deferrals-silicon-valley/

“We got clients that every year they make 20 angel investments, with the hope that one of them hits, and more often than not one or two of them do over a 10-year span. It’s kind of remarkable,” Perez said. “That’s no guarantee, and 14.4 is a big rate to hurdle, even in a good year, if you have just a normal S&P portfolio.”

So the whole "early money is always better!" is not necessarily true when you factor in the tax residency issue. Beating 14% yearly on any investment is extremely difficult, Ohtani is likely to make more money in the end doing what he did. Most people do not invest 100% of their portfolio just into the SP500 either, it's usually at least a 70/30 mix which means a return of more like 8.5%. Saving 14% for Ohtani beats the pants off that.

 

[5 Mins 4 Ftg]

 

[bobbythebrain]

14mil is my guess

 

[Fourier]

Hunter, perhaps the scariest mascot in professional sports, finally signs that long awaited extension???

 

[Soli]

https://x.com/i/web/status/1830972691182166344

 

[fuswald]

https://x.com/i/web/status/1830972691182166344

This one says he is hearing then says no one is commenting. Which one is it?

 

[OilerTyler]

For some Oilers fans on here there are no good days. Anticipate lots of complaining haha.

 

[5 Mins 4 Ftg]

 

[Canovin]

14M. I don't see why Bouchard or McDavid would take discounts either if Drai is getting that much

 

[McBooya42]

14M. I don't see why Bouchard or McDavid would take discounts either if Drai is getting that much

Let's see how it shakes out.

 

[Canovin]

Let's see how it shakes out.

Maybe McDavid and Drai talked to each other into taking 14M each

 

[5 Mins 4 Ftg]

 

[frag2]

https://x.com/i/web/status/1830976637984481481

 

[BertMcDrai]

14 M if it's true, it's what has to be expected.

But let's see what exactly it is.

 

[McBooya42]

https://x.com/i/web/status/1830976637984481481