Paulie Walnutz
HFNYR JUST AS SOFT AS NYR
- Oct 1, 2008
- 11,143
- 9,459
Hey now, MS-13 are people tooLong Island is ****ing brutal, bro. Spent many years there.
Speculation: Roster Building Thread Part VII: Now with less frenzy!
- Thread starter Gardner McKay
- Start date
- Status
Beer League Sniper
Homeless Man's Rick Nash
PK is a pure zone scheme. Staal's reach and positioning are pretty much the only things he still does well. There's also not much skating up and down the ice, so he won't get exposed for his lack of foot speed.
There's reason to believe that Staal can still be a decent stay-at-home defender in a new defensive scheme under Quinn. He's never going to be worth the $5.7M cap hit, but a good season could build up his value to the point that we could get some assets back for him if we retain. AV's system was the worst possible scheme for a guy like Staal.
Off Sides
Registered User
- Sep 8, 2008
- 9,755
- 5,585
I believe Chytil, Andersson, are at least 2 NHL full seasons away from being consistent impact players if they become them in the first place and I'm not sure either plays a full NHL season this year.
I think the best timing to make bigger UFA signings would be while the first group of prospects are in the 22-24 year old range and are on or entering their 2nd contracts. Until then the Rangers will not know if they are committing long term off those entry levels or if they are bridging them.
They will likely have another group of prospects right behind them where that choice will also have to be made. Having a bunch of cap space to re-sign who they want, to what they want, and have some left over at that point to sign some UFAs to fill out the team seems to make more sense to me.
I have trouble finding the good in them drafting, trading for all these prospects now if that ends up with them losing some of them to the cap because they decided to sign some mega contracts in the mean time before most of them would be really ready to compete and possibly flourish at the NHL level anyway. They really do not know all that much about the prospects at the NHL level, what if for whatever reason more of them fail or exceed more so than they are expecting?
If it turns out all of Chytil, Andersson, Kravtsov, Shestyorkin get long term deals off their entry levels like Skjei, that could be a pretty big chunk of cap space, if any of the others, Miller, Howden, etc also do, it starts to add up. Rangers lose a good chunk of cap hits in the mean time but if they are replacing them with big cap hits before they are even off the books they are sort of limiting themselves on the next contract of at least some of those prospects.
Having the timeline come together is going to be pretty key if they are going to be a longish term contender, risking that happening by signing some expensive players that may decline or just not fit in seems unnecessary until they know more about what all these prospects will do at the NHL level and will require on their next contracts.
I think the best timing to make bigger UFA signings would be while the first group of prospects are in the 22-24 year old range and are on or entering their 2nd contracts. Until then the Rangers will not know if they are committing long term off those entry levels or if they are bridging them.
They will likely have another group of prospects right behind them where that choice will also have to be made. Having a bunch of cap space to re-sign who they want, to what they want, and have some left over at that point to sign some UFAs to fill out the team seems to make more sense to me.
I have trouble finding the good in them drafting, trading for all these prospects now if that ends up with them losing some of them to the cap because they decided to sign some mega contracts in the mean time before most of them would be really ready to compete and possibly flourish at the NHL level anyway. They really do not know all that much about the prospects at the NHL level, what if for whatever reason more of them fail or exceed more so than they are expecting?
If it turns out all of Chytil, Andersson, Kravtsov, Shestyorkin get long term deals off their entry levels like Skjei, that could be a pretty big chunk of cap space, if any of the others, Miller, Howden, etc also do, it starts to add up. Rangers lose a good chunk of cap hits in the mean time but if they are replacing them with big cap hits before they are even off the books they are sort of limiting themselves on the next contract of at least some of those prospects.
Having the timeline come together is going to be pretty key if they are going to be a longish term contender, risking that happening by signing some expensive players that may decline or just not fit in seems unnecessary until they know more about what all these prospects will do at the NHL level and will require on their next contracts.
If look you at the post-tax earnings calculator on CapFriendly. 52.08% of the player's salary goes towards paying taxes for a Rangers player.
Post-Tax Earnings Calculator - CapFriendly - NHL Salary Caps
39.20% is the federal tax.
8.62% is the state tax.
4.25% is the city tax. The Islanders players don't pay that tax playing in Brooklyn. It's almost $500K per year.
$11M salary is the example used.
$6,687,830 for a player playing for a no state income tax team. No city taxes either.
A Rangers player sees $5,728,351 go to the various tax departments.
$5,271,649 is the take home pay. It's less with escrow deductions. The players don't get all of that money back.
$1,416,181 per year more playing for a team in Texas, Florida, Vegas and Tennessee.
The Rangers and the California teams(52.29%) see their players pay the most taxes for the US based teams.
The Habs,Leafs and Sens players see 53.22% go the taxes.
It's a lot of money. It's nearly $10M more over a 7 year free agent contract.
Ryan Ellis is a free agent next summer. He wants to stay in Nashville. No state tax. No city tax. They want him to take less than he can get as a free agent. His agent is saying my client wants a full NMC/NTC for taking less so you can't trade him to another team which might see him pay more money in taxes. Elliotte Friedman and Jeff Marek were discussing it in their last podcast. Nashville is a team which has one NTC/NMC. Rinne.
Post-Tax Earnings Calculator - CapFriendly - NHL Salary Caps
39.20% is the federal tax.
8.62% is the state tax.
4.25% is the city tax. The Islanders players don't pay that tax playing in Brooklyn. It's almost $500K per year.
$11M salary is the example used.
$6,687,830 for a player playing for a no state income tax team. No city taxes either.
A Rangers player sees $5,728,351 go to the various tax departments.
$5,271,649 is the take home pay. It's less with escrow deductions. The players don't get all of that money back.
$1,416,181 per year more playing for a team in Texas, Florida, Vegas and Tennessee.
The Rangers and the California teams(52.29%) see their players pay the most taxes for the US based teams.
The Habs,Leafs and Sens players see 53.22% go the taxes.
It's a lot of money. It's nearly $10M more over a 7 year free agent contract.
Ryan Ellis is a free agent next summer. He wants to stay in Nashville. No state tax. No city tax. They want him to take less than he can get as a free agent. His agent is saying my client wants a full NMC/NTC for taking less so you can't trade him to another team which might see him pay more money in taxes. Elliotte Friedman and Jeff Marek were discussing it in their last podcast. Nashville is a team which has one NTC/NMC. Rinne.
Greg02
Registered User
- Jun 28, 2009
- 4,553
- 4,075
Why do you think they don't pay city tax in Brooklyn? Should I be updating my withholdings?
- Jul 16, 2005
- 14,883
- 13,038
One thing is clear: The Founding Fathers never intended a nation where citizens would pay nearly half of everything they earn to the government.
---RP
So is Manhattan Island.Long Island is ****ing brutal, bro. Spent many years there.
Amazing Kreiderman
Registered User
- Apr 11, 2011
- 45,075
- 40,935
That tax bracket only applies to the games played in NYC. They pay tax based on where they "work". So TBL players still pay state income tax, just not in the states of Florida, Texas, Nevada.
Capfriendly put a very limited tax earnings calculator on their website and I emailed them about it.
East Coast Bias
Registered User
The lengths to which this guy goes to shut down any discussion of anything related to free agents and paying people is hilarious.
Can't wait for the crime stats to be next.
EK wants a family. NY has crime. Crime isn't good for families. Draft kids with no families.
Can't wait for the crime stats to be next.
EK wants a family. NY has crime. Crime isn't good for families. Draft kids with no families.
Uh what? Last I checked, Brooklyn is in the same city as Manhattan.
Also, you don't pay the city tax if you live outside of the city. If you work in Brooklyn, Queens, Manhattan, Staten Island, or the Bronx but live in say, Nassau or Westchester county, you do not pay the city tax.
Irishguy42
Mr. Preachy
I believe some players tax info was posted on reddit or Twittee a while back, albeit heavily redacted due to personal info, and taxes are indeed based on where you play.
So for 41 games, you get taxed by wherever your homes are, and the other 41 games depend on where you are for that game.
So for 41 games, you get taxed by wherever your homes are, and the other 41 games depend on where you are for that game.
So pinning homes on tanking and cash? Again, with the roster the way that it is, not sure it pushes them that out in front. And your cap room gets destroyed.
There is no guarantee that Hughes will be able to step in and become a top line player on Day 1. There is no guarantee that by the time he is ready to become that player, that EK's game has not started to go south.
Why not just stay the course and continue building?
Kocur Dill
picklicious
- Feb 7, 2010
- 3,335
- 1,878
So 42 tax state returns per player. Sounds like being a sports accountant is a lucrative career with little overhead outside of a computer, paper, education, and time.
Fitzy
Very Stable Genius
- Jan 29, 2009
- 36,438
- 24,319
The new SALT deduction rules also disadvantage high earners in the NYC tax area.
You asked for a combo that makes them a contender.
You can't jump right back in and add a bunch of stipulations.
I remember discussing this years ago on another forum when Andrew McCutchen's check went viral. Pretty sure you're 100% accurate with that feedback.
East Coast Bias
Registered User
you sure as hell aren't filing it through TurboTax, that's for sure.
Irishguy42
Mr. Preachy
I'm sure players don't fret about it. Teams and the NHLPA will make sure the players can navigate the financial weirdness.
I was rather hoping for a realistic scenario, not pie in the sky. Otherwise, we could just say that Edmonton trades McDavid to them for a second round pick and Buffalo sours on Dahlin after 10 games and sends him to the Rangers.
Yeah I think the Rangers winning the lottery and shelling out for UFA's a wee bit more realistic than that.
TheTakedown
Puck is Life
- Jul 11, 2012
- 13,694
- 1,493
Endorsements in NYC would be a huge coup for Karlsson. I think that's where he was going. Him and Hank together makes for a hell of a marketing advertisement duo
You think that they will be bad enough to be the worst team? And what tells you that Gorton will abandon all that he has said he would do (the script that he has followed to a tee) and suddenly start to throw cash at UFAs?
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