This guy has a valid point. Even if only when it comes to free agency. I guess the Stamkos discussion over the past while got this guy thinking.http://www.pensionplanpuppets.com/2...-and-parity-steven-stamkos-income-tax-avoison
Subban just made approximately a extra $2,300,000 a year by being traded to Nashville which has Zero state tax. Quebec has the highest tax in the Nhl.
Weber likely isn't very happy though going the other way.
Stamkos would have come here had the Leafs offered 7 years instead of 5.
Must have missed this.
It was leaked what we offered him?
Personally if all things being equal if i were a nhl player choosing between a 25% tax team and a Zero tax state when i am a unrestricted free agent, i would take the zero tax state.
Would you want $100 an hour or $75 an hour! Thats the discrepancy from Montreal to Nashville after tax.
Yes 5 years.
That's only 1 factor though.
What if in Montreal you could make an extra $5 mil in endorsements as a major Canadian and Quebec based sports figure vs living in a market where NFL and college sports rule the market place?
And what if you actually lived in Canada while playing in Canada and benefitted from getting paid in American dollars?
Even after taxes I think Subban makes more in Canada when adding in endorsements and the exchange rate.
If it comes out the Leafs actually offered Stamkos 5 years and X dollars the Leafs are in trouble with the league.
Money and term CAN NOT be officially discussed during the "courting" period.
You forgot in Quebec you can get 24 Heineken/Stella for 24.99
No it's not.
If your contact is 1 million US. At 15% exchange rate it's 1,150,000 Canadian.
That's what I thought.
Who is speculating this?
If it comes out the Leafs actually offered Stamkos 5 years and X dollars the Leafs are in trouble with the league.
Money and term CAN NOT be officially discussed during the "courting" period.
Yes 5 years.
Let's face it. For a variety of reasons Canadian born players prefer to play in the states.
Even when they retire they stay there. Yet American players playing in Canada usually have a US summer home and go back when they retire. (Canadian born players may come back to visit ma and pa and bro and sis and the family dog)
European players playing for US or Canadian teams usually go home too.
The four greatest players in NHL history are all Canadian born but now US citizens. Orr, Lemieux, Gretzky and the late Howe.
Heck, our Canadian born Shanahan's family lives full time in New York state and he is a US citizen.
Even our former GM Nonis lives full time in New Hampshire.
If it comes out the Leafs actually offered Stamkos 5 years and X dollars the Leafs are in trouble with the league.
Money and term CAN NOT be officially discussed during the "courting" period.
I don't recall where I heard it. What time did he re-sign with Tampa?
Florida and Alberta if I recall have the best tax rates with California and New York being some of the worse. Seems the worse tax places have the better success at attracting Free Agents than the havens.
30 seconds before the NHL blew up on June 29th.
Our meeting with him was on the 27th.
He didn't speak with any teams but Tampa after our meeting with him. Detroit was not pleased.
The dollar fluctuates daily. There is a line of thinking that believes that the Canadian dollar being 85 cents on the American greenback is the best for the Canadian economy. We are a export market and the states purchasing power is best to be strong. Our dollar being par with the states is not the ideal scenario on the whole.
Taxes and conversion on your paycheck is a completely different ball of wax. Anyways, its a advantage for lower taxed Nhl teams.
If you read the link in my initial post you would see where the list ranks every team by tax rate.