Confirmed with Link: Nylander signs extension of 8 years - 11.5M AAV

[ACC1224]

Sounds like it's Official. Details?

 

[ULF_55]

Pastrnak just signed for $11.25, and is a superior player…so there’s that

Although, tax accountants can impact your take home pay, they all start with the basics.

Based on playing half the games in Toronto versus half the games in Boston the tax implication for $5.5mm is about $500k higher in Toronto.

Then you get your tax accountants involved.

 

[LeafsFan89]

Just have to squeeze all the salaries for 1 season till Tavares comes off the books and resigns to a much better team friendly contract. Marner will get his big new contract also and it will be in the hands of Tavares if he wants to stay or not by taking a big discount

Idk man. This has been my thought too. But what does JT resign for? 5-6M? So we free up like 5-6M. Does 1 more 5-6M dman (minus Marner's raise and JT's further decline) make us drastically better?

 

[Chief Leaf]

To be honest, out of the Big 4, Matthews and Nylander are my guys and the ones I wouldn’t be happy moving on from due to a cap crunch.

Matthews should be able to carry a line and with Knies there on it for me they could find someone else other than Marner to hold a top rw addition.

Nylander too can also carry extra scoring depth from being on a 2nd line just as long he has some defensively minded partners.

I am not worried at all in the recent signing of Nylander.
(yes I realize that my sig says "Mitchician" and that he has a NTC/NMC but if he doesn't sign for anything less than 16 doll hairs,..the players mentioned above can carry the load without him and his cap space could and should leave an ample amount to spread out as needed to fulfill spots that we may seem weak on.

 

[ToneDog]

Despite all the wailing and gnashing of teeth, his cap hit % is still only fourth on the team, and still less than Pastrnak.

Great to have a great player signed long term.

That is, of course, assuming the 'pundits' are right about the amount and term.

Give yourself a pat on the back. All your campaigning for Willie got the job done. Well done.

Do agree he has been great this season. I just hate the contract. Just show me you want to win more than you want the money.

 

[francis246]

Marners gone

I'm afraid you're wrong my friend. If anything this signals the end of JT after his current contract. All this does is reinforce the idea that many people thought. Shanahan is fully committed to Matthews, Marner and Nylander and will continue to build around them.

 

[Oscar Peterson]

Personally I’m really happy to have him re-signed. Yes it’s a little expensive but he also gave the Leafs amazing value on his first deal and has regularly gotten the short end of the stick. Despite that he’s improved every year and this season has emerged as undoubtedly one of the elite wingers in the game. He also trains very hard in the off-season and doesn’t play very physical so I expect his game to age well. Love that he was willing to commit for 8 years too… this guy wants to retire as one of the Leafs greats

 

[TMLeafer]

Oh man....no steps back Willy. Glad it's out of the way, keep ripping it up!

 

[hullsy47]

Despite all the wailing and gnashing of teeth, his cap hit % is still only fourth on the team, and still less than Pastrnak.

Great to have a great player signed long term.

That is, of course, assuming the 'pundits' are right about the amount and term.

Lots,of guys are gonna get paid .its 2024 not 2004

 

[notDatsyuk]

92/8 = 11.5
92/7= 13.14
No team is giving Willy 13.14 over 7 and full NMC

I always find the logic odd, assuming he won't earn anything in the 8th year.

What if he makes 4M in the 8th year? That means he would only need 12M per to end up with the same, and I'll bet there are several teams willing to pay him 12.

 

[Stephen]

Idk man. This has been my thought too. But what does JT resign for? 5-6M? So we free up like 5-6M. Does 1 more 5-6M dman (minus Marner's raise and JT's further decline) make us drastically better?

ROR is making $4.5 million in Nashville and having a near identical season to JT. So if he were to take $5.5 million with the Toronto pushover price he and Nylander as a duo would make less money than they are now. So those would be the goal posts.
But honestly it’s not even that important JT comes back.

Re: Marner. Not sure what happens with him. I suppose the good news is he’s already so overpaid that whatever next deal he wants is going to be a minuscule raise. For reference Matthews got an extra $1.61 million. And he’s Matthews.

 

[3blizzard4]

This sucks. I wanted a new car this year. But since all the money is going to Willy I wont be able to afford it.

 

[francis246]

Give yourself a pat on the back. All your campaigning for Willie got the job done. Well done.

Do agree he has been great this season. I just hate the contract. Just show me you want to win more than you want the money.

Frank Corrado broke down the tax implications. Nylander is still netting less as a player than Matthew Tkachuk is, even though his cap hit is higher. That in itself is why we are seeing these bloated contracts. Until the NHL addresses this and allows for flexibility in the cap system for this, Canadian teams will always be at a disadvantage.

I don't hate the contract, might age bad. But I rather keep him than lose him for nothing.

 

[JT AM da real deal]

Good signing .. probably too much AAV but every team needs to lock up their 2 best players .. we did with Willy and Matty .. JT may retire or sign on as a LWer with a low AAV assuming we don't win a Cup .. and likely Mitch will be traded for a D and maybe a G .. in da end team still needs to get proper roster balance for a chance at da cup .. this D is not a Cup winning D .. in G we have question marks but there is opportunity to be fine in G

 

[A1LeafNation]

I'm afraid you're wrong my friend. If anything this signals the end of JT after his current contract. All this does is reinforce the idea that many people thought. Shanahan is fully committed to Matthews, Marner and Nylander and will continue to build around them.

Teams barely win with a 10m winger. I think the only team was the Caps with OV. Imagine trying to win with 2 12m wingers.

Dumb plan.

 

[Kurtz]

Frank Corrado broke down the tax implications. Nylander is still netting less as a player than Matthew Tkachuk is, even though his cap hit is higher. That in itself is why we are seeing these bloated contracts. Until the NHL addresses this and allows for flexibility in the cap system for this, Canadian teams will always be at a disadvantage.

I don't hate the contract, might age bad. But I rather keep him than lose him for nothing.

Did he account for the $69 mil signing bonus that is taxed at a lower rate and the net preset value of getting the bulk of his contract up front?

 

[ToneDog]

Nylander is better than Schiefle though. Not really a comparable.

Is he $3m front loaded better? Schief is the Jets' captain and leader. Sure he does not dance like WIllie but he is not chopped liver.

 

[Apex Predator]

Frank Corrado broke down the tax implications. Nylander is still netting less as a player than Matthew Tkachuk is, even though his cap hit is higher. That in itself is why we are seeing these bloated contracts. Until the NHL addresses this and allows for flexibility in the cap system for this, Canadian teams will always be at a disadvantage.

I don't hate the contract, might age bad. But I rather keep him than lose him for nothing.

This Tax debate has been debunked already by Allan Walsh. If you have a good accountant tax isn’t an issue.

 

[notDatsyuk]

I’d trade Nylander for Makar or McAvoy today, but those top pair defenseman scenarios aren’t exactly available.

Not sure about McAvoy. How about Fox - I was told he was going to be better than Bobby Orr?

 

[francis246]

another positive is he signed and committed for 8 years. isn't that what fans wanted lol? We wanted a star to commit to us long term.

 

[ToneDog]

Frank Corrado broke down the tax implications. Nylander is still netting less as a player than Matthew Tkachuk is, even though his cap hit is higher. That in itself is why we are seeing these bloated contracts. Until the NHL addresses this and allows for flexibility in the cap system for this, Canadian teams will always be at a disadvantage.

I don't hate the contract, might age bad. But I rather keep him than lose him for nothing.

Yeah the NHL does not have a level playing field. If you have a cap, make it so everything is equal.

 

[KPower]

Some franchises want to win, some want to make money.

Leafs are the latter.

 

[francis246]

This Tax debate has been debunked already by Allan Walsh. If you have a good accountant tax isn’t an issue.

I listened to Allan Walsh and it wasn't exactly debunked. A good tax accountant can save you some on taxes but you will still net less. It's something that isn't avoidable. Also I'm pretty sure Nylander's second residence is Sweden which is also a pretty high tax country. Not the USA.

 

[notDatsyuk]

11.5x8 is insane. If it was 11.5x4 it might be a bit more palatable.

In four years he'd be looking for 14, so 11.5x8 is more palatable.

 

[GoonieFace]

Frank Corrado broke down the tax implications. Nylander is still netting less as a player than Matthew Tkachuk is, even though his cap hit is higher. That in itself is why we are seeing these bloated contracts. Until the NHL addresses this and allows for flexibility in the cap system for this, Canadian teams will always be at a disadvantage.

I don't hate the contract, might age bad. But I rather keep him than lose him for nothing.

Is Frank Corrado a tax accountant? There are loopholes players can use, marketing money in Toronto is higher, they are paid in American dollars. It’s not the anchor people think it is