Salary Cap (Taxes)
- Thread starter Matthews4Calder
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DistantThunderRep
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Ok, can you balance sponsorship benefits, housing taxes, cost of living, education costs for families, and other taxes? What about weather benefits or lifestyle benefits? What about hometown discounts players take?
895
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- Jun 15, 2007
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Your whole assumption is wrong.
The cap was not created to level the playing field. The cap was created to give the owners cost certainty, i.e. ensure that salaries didnt exceed (now 50%) of revenue.
So with that out of the way, your other suggestion is still flawed.
Local taxes are only one reason a player chooses to sign somewhere. Why should that be the only thing the cap is adjusted for?
In my opinion Toronto should have a lower cap because pajamas boys and girls everywhere want to come home and play for them. This gives them a competitive advantage.
The cap was not created to level the playing field. The cap was created to give the owners cost certainty, i.e. ensure that salaries didnt exceed (now 50%) of revenue.
So with that out of the way, your other suggestion is still flawed.
Local taxes are only one reason a player chooses to sign somewhere. Why should that be the only thing the cap is adjusted for?
In my opinion Toronto should have a lower cap because pajamas boys and girls everywhere want to come home and play for them. This gives them a competitive advantage.
ccman68
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NHL’s Highest-Paid Players 2019-20: Connor McDavid And Auston Matthews Score Big
Imagine if Dubas knew how to use the endorsements to his advantage like other teams do with the taxes. Maybe then Leafs fans wouldn’t need to complain.
Imagine if Dubas knew how to use the endorsements to his advantage like other teams do with the taxes. Maybe then Leafs fans wouldn’t need to complain.
Seras
Dubas supporter
People making 75k have a slight advantage working in Florida. People making millions have a significant advantage.
DistantThunderRep
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Honest question, do you think players/people in Florida, Nashville, Texas, Nevada and Washington don't pay taxes or cover it in other places? Do you think these states function at high levels with cutting their citizens such a break just out of the goodness of their hearts?
Seras
Dubas supporter
You pay less in taxes living in Florida as an nhl player. Does the state make its money in various other methods / taxes? I would assume yes but it is not my expertise.
Richard
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They have other taxes... sales tax something.
For instance, PA has higher income tax than florida but they also don't tax such things as food. So it matters to a person making 60k but has no bearing on a hockey player....
DistantThunderRep
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All residents, keyword here residents, of tax-free states still pay a federal tax. They don't have an income tax. They do cover it with a high sales tax, property tax, etc. People always point to Tampa as an exploit when other teams have the same advantage but don't get the same benefits.
RussianGuyovich
Hella Ennui
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peep the property tax/homeowners insurance in Florida for a waterfront dwelling. matters to a hockey player, has no bearing on someone making 60k
DistantThunderRep
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That is my point though, while there is no state income tax, it is made up in other locations. They still have to pay federal tax, jock tax, if there are a Canadian citizen taxes there. People like to pretend that no tax state means they get away free of charge on income.
Krewe
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This thread was only bumped now that TB has passed the leafs..... typical
Your GM is paying higher salaries because he is an idiot, no other reason.
J T Money
Biggest Bozo
- Jan 21, 2016
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Seras
Dubas supporter
I can tell the difference between tax vs no tax. I cannot distinguish the intricate details of which taxes are collected by each state. I'm not an expert by any means and had I known that I was posting in a thread of tax specialists than I would not have posted. My apologies
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If being a low tax rate is such an advantage in a salary cap system, why do the Buccaneers constantly suck? If taxes are such an issue, why do most players buy homes on Davis Island (an area with high property taxes) instead of Brandon?
Look, players have various reasons for signing with different teams. Tampa is attractive because of ownership, weather, being a contending team and quality of life.
Look, players have various reasons for signing with different teams. Tampa is attractive because of ownership, weather, being a contending team and quality of life.
wintersej
Registered User
The decline of the west began when people stopped thinking of paying taxes as a patriotic civic duty to better the communities they live in.
wintersej
Registered User
You have posted this and been proven wrong many times. A total league cap on salaries is related to HRR
that all teams have the same cap is for parity.
as long as 50% of salaries go to the players. Big market teams could have a higher cap and cost certainty would still be achieved
Nope. It is exactly as has already been stated by countless. GMs agents players and accountants.
There are even calculators on cap friendly. Which ARE accurate. As Tampa fans eventually admit.
parity absolutely has been brought up and is a part of the cap. That has been established by Bettman and Daly in many interviews.
All 31 teams have the same identical cap restrictions. That’s parity.
They could easily achieve cost certainty while allowing the teams that actually support the league to pay more. Toronto could have a 100 million dollar cap and ottawa could have 60 and it would allow for cost certainty.
but both are at 80. Due to parity.
sure if they make a weather cap then they have to make it the same. They haven’t. Make the cap that you artificially imposed equal.
it’s pretty simple.
Tampa fans have been proven wrong earlier in this thread (which was bumped? I guess?).
Just coming back and saying the same incorrect things over and over doesn’t Change it
Or imagine being foolish enough to believe that guaranteed contracts that pay MILLIONS more over the life of the contract for doing the exact same job is anywhere close to extra work that is not guaranteed in the same way.
sponsors can drop you in a second. Endorsements dry up. There is no 2/3 buyouts.
Its not the same. But even if it was. There is no endorsement cap. If they make one. Then make it fair. It’s pretty simple.
This is all very true. Teams like Tampa have more to offer than just tax breaks. But the reason they get to sign 14% players for 11% is taxes.
that’s the only complaint. No one is saying anything about them drafting/developing etc. They are a great team with or without the taxes. They get to keep players because of it
DistantThunderRep
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Where, bring it up? And how is sponsorship and endorsement money not circumventing the cap? That's money teams, specifically the leafs, use in their pitches to get players to take less. Just because Matthews and Marner didn't do that, doesn't mean the leafs haven't been doing that and using that tactic.
And if it was such a huge advantage, explain why other teams who have the same advantage (Nashville, Florida, Dallas, Vegas, and soon to be Seattle) don't get the same discount on contracts or slack from Leaf fans? Where was that discount when Vasy took 9.5 million, or Bob took 10? The only time this becomes an issue is when Leaf fans and Leaf media whinge that their GM is handicapped by his own incompotence.
