Player Discussion - Leon Draisaitl's next contract | Page 58 | HFBoards - NHL Message Board and Forum for National Hockey League

Player Discussion Leon Draisaitl's next contract

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%


“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.
 
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14M. I don't see why Bouchard or McDavid would take discounts either if Drai is getting that much
 
So as of now its 2-1 LAK with 15 min left in the second and Leon has had an awful game, He must be more hurt than we think
 
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