Speculation: Roster Building Thread LIV: Free Agency Hasn't Even Started

[Kovalev27]

Are we back to believing that he is not going to be taxed at NYC rates if 100% of his income is NYC sourced?

I already told u what the difference was according to cap friendly. You can go check it out yourself But he absolutely would get tax savings if he had an additional residence in fla

 

[Ghost of jas]

You know barkov isn’t Russian right? But if he likes actual Russians so much he’d have kravtsov Buchnevich Georgiev Shesterkin Rykov to hang with.

And bobrovsky all of a sudden became his best friend when he switched to theofanus and people started assuming that was why.

One of Sathers best friends in the biz? Theofanus who’s also kravtsov’s Agent.

I will publicly come on here and apologize if he signs with fla. I’ll honestly be shocked.

I can hardly wait!

 

[Kovalev27]

Some dreams die hard.

You got trouba instead lol

 

[17futurecap]

3 years of Miller for that price is a sweet deal for Buffalo.

 

[Good Intentions]

Are we back to believing that he is not going to be taxed at NYC rates if 100% of his income is NYC sourced?

Is there a button to block all state tax-related comments?

 

[Kovalev27]

Elliotte Friedman believes Florida is the favorite for Panarin and Bob. He said to look out for Lou to make a big push for both players. Mitch Marner is on Long Island this weekend for Matt Martin's wedding. Boomer's daughter Sydney is getting married. Lou might talk to Marner at the wedding to see what's up.

Hockey Night in Canada's Elliotte Friedman - Oilers NOW with Bob Stauffer - Omny.fm

Panarin's buddy is on the Panthers.

Lou might talk to marner at the wedding is some real half assed reporting lol. Highly doubt marner is going to huddle at a table during his friends wedding to talk business with old man Lou.

 

[True Blue]

I already told u what the difference was according to cap friendly. You can go check it out yourself But he absolutely would get tax savings if he had an additional residence in fla

So professional athletes are treated differently than every single other New York professional?

 

[True Blue]

Is there a button to block all state tax-related comments?

Yes. It's called don't respond if you cannot handle a rational discussion.

 

[GoAwayPanarin]

3 years of Miller for that price is a sweet deal for Buffalo.

It’s not bad.

Miller would have been drawn and quartered If he ended up here

 

[Ghost of jas]

You got trouba instead lol

Colin Miller wasn’t my dream.

 

[duhmetreE]

Are we back to believing that he is not going to be taxed at NYC rates if 100% of his income is NYC sourced?

Even if an athlete plays for a team in a high-tax state, the athlete may benefit from claiming residency in a state without an income tax, since much of the athlete’s income may escape apportionment under the duty-days rule to the high-tax state where their team is based (e.g. income from endorsements or investments or duty day income apportioned to states without an income tax). On the other hand, the desire to be a part of the community where the athlete plays his or her sport may outweigh the incremental tax savings from residing elsewhere.

Signing bonuses, which can represent a substantial part of the compensation for a team sport athlete, may represent a special opportunity from a state tax minimization perspective. The rules of states which have specifically addressed this issue typically provide that signing bonuses are not subject to the duty day apportionment rule if: (1) the bonus is not conditioned upon the athlete playing any games, performing any subsequent services for the team, or even making the team; (2) the bonus is separate from the payment of salary and other compensation; and (3) it is nonrefundable. Accordingly, a signing bonus to an athlete resident in a state with no state income tax might escape state taxation, even if the athlete signs with a team based in a high-tax state.

Kenneth H. Bridges, CPA, PFS is a partner with Bridges & Dunn-Rankin, LLP an Atlanta-based CPA firm.

 

[Kovalev27]

So professional athletes are treated differently than every single other New York professional?

Actually Im pretty certain they are. Lot of weird loopholes etc for pro athletes

 

[Kovalev27]

There u go

 

[True Blue]

Thank you. Like I said, am no expert. But tell me, what is the "might" in that predicated on?

 

[True Blue]

There u go

Same question then. What is the "might" depend on? Might is not will.

 

[Bacon Artemi Bravo]

Exactly. Taxes are far from black and white. They are interpretable and you’ll have different and creative ways of handling them depending on the strategy/risk appetite as well as the totality of the circumstances.

 

[Good Intentions]

Yes. It's called don't respond if you cannot handle a rational discussion.

It was a joke.

State tax has become the uber sexy ESPN talking head point. Everyone wants to play accountant for two sentences.

 

[Thirty One]

It was a joke.

State tax has become the uber sexy ESPN talking head point. Everyone wants to play accountant for two sentences.

That's the downside of picking such a glamorous career. Lots of amateur experts out there.

 

[duhmetreE]

Same question then. What is the "might" depend on? Might is not will.

Might is based on the conditions/requirements.

 

[BB88]

Its not arrogance but I understand how I may sound that way to you.

Kinda funny coming from a pats fan, but that may be me stereotyping you.

If the rangers weren’t offering panarin this contract, the panthers would probably snag him. But I know this has been swept under the rug in recent months by the media storm surrounding the panthers being all in, package deal, inside track.

But it’s the rangers he’s been rumored to want. Remember the rumors last summer. Aye. Right. Big market, huge fanbase, diverse culture and population. Russian communities, opportunities for his gf/fiancé.

I never knew how much the rangers would be in on panarin. I didn’t how far they’d be willing to go. But If they are willing to pay him 11.5m over 7rs. (Like both Larry brooks and rick carpiniello alluded to)


I can’t see it taking anything short of 14 million annually for panarin to pass up the rangers offer.

Based on what we heard from his agent/people last summer/ all year until he switched agents.

This media storm has been created by Florida media and bob/panarin’s agent for leverage in negotiations with ......

So I’m sure I sound arrogant, but I wasn’t sure of things until this morning when I heard how far the rangers were willing to go to their MAN.

The BreadMan

There were lot of rumours at that time about Florida as well, there were lot of rumours on Florida when they dumped Bjugstad mid season and he spends a lot of time there.
If he prefers New York to Florida that's your potential advantage, Florida has the best player from both teams who speaks perfect Russian to pair with Panarin, as well as Panarins friends, and a strong Russian community, and ex coach he likes.

There's no fact right now that Panarin wants Rangers and it's only up to your Gm to decide whether he wants Panarin or not.

You know barkov isn’t Russian right? But if he likes actual Russians so much he’d have kravtsov Buchnevich Georgiev Shesterkin Rykov to hang with.

And bobrovsky all of a sudden became his best friend when he switched to theofanus and people started assuming that was why.

One of Sathers best friends in the biz? Theofanus who’s also kravtsov’s Agent.

I will publicly come on here and apologize if he signs with fla. I’ll honestly be shocked.

As a Finn I know very well, you know he speaks perfect Russian and his parents are Russian?
He was just raised up in Finland and got the national team call from Finland.

Barkov is a superior player to anyone you mentioned, & in his early prime, Dads is his ex teammate from KHL, Bob& Panarin spend a lot of time together and everything tells/suggests they are good friends.

It's a bit different to Russian prospects.

 

[NernieBichols]

There were lot of rumours at that time about Florida as well, there were lot of rumours on Florida when they dumped Bjugstad mid season and he spends a lot of time there.
If he prefers New York to Florida that's your potential advantage, Florida has the best player from both teams who speaks perfect Russian to pair with Panarin, as well as Panarins friends, and a strong Russian community, and ex coach he likes.

There's no fact right now that Panarin wants Rangers and it's only up to your Gm to decide whether he wants Panarin or not.



As a Finn I know very well, you know he speaks perfect Russian and his parents are Russian?
He was just raised up in Finland and got the national team call from Finland.

Barkov is a superior player to anyone you mentioned, & in his early prime, Dads is his ex teammate from KHL, Bob& Panarin spend a lot of time together and everything tells/suggests they are good friends.

It's a bit different to Russian prospects.

I hear ya man. I laughed earlier saying you were right. Not to be a D, it was more just like yeah I agree there are reasons why Florida is a pretty awesome landing spot for him and yes Carolina had a nice run and the fans came out.

And I was initially typing a response point by point to it and then just decided ‘ haha you know what. Your right in what your saying.

I didn’t mean to come across arrogant in that response or my initial posts outlying why I can’t see panarin choosing the panthers over the rangers. When it’s come out this morning, how much of an investment the rangers are willing to make on him. 7years up to 11.5 per.

To other ranger fans. It’s dismisses the notion that rangers wouldn’t be in on him at all, they wouldn’t be hosting him, they wouldn’t be mentioned the way they are. It also dismisses the notion Gorton would only be in on him if the price was around 10.5 or less.

And my gut tells me, if the rangers have let their media members know that’d be willing to offer that much, and it’s getting published, it means they really love the guy.

They wouldn’t be wasting their time at the asking $

 

[Lindberg Cheese]

Screw Panarin, I in the name of the Iron Shiek, will humble him

 

[Vitto79]

Elliotte Friedman believes Florida is the favorite for Panarin and Bob. He said to look out for Lou to make a big push for both players. Mitch Marner is on Long Island this weekend for Matt Martin's wedding. Boomer's daughter Sydney is getting married. Lou might talk to Marner at the wedding to see what's up.

Hockey Night in Canada's Elliotte Friedman - Oilers NOW with Bob Stauffer - Omny.fm

Panarin's buddy is on the Panthers.

Let’s say no Panarin are you up for Gusev for say a 2nd and Nieves? Maybe take Clarkson to facilitate it?

I think I’m the only one mentioning that target but it could be a good fit and cheaper

 

[Tob]

Just start up a personal charity foundation once you sign in a major market with tons of fans and business interests and get some tax incentives from that. Artemi Panarin's Annual Food Drive for the Less Fortunate Where We Put Bread On Your Plate. 100 signed autographs, 10 signed pucks, 5 signed sticks raffled at a meet and greet. Do a golf event with teammates and invite NYC business elites that are NYR fans at $5,000 a person for a round and dinner and fanfare.

 

[pateman]