Rumor: Sam Reinhart extension

[Dr Jan Itor]

So they work 50% of the time in home state. 50% others and live away 7 months a year?

Seems way easier than NHL but I haven’t studied it

No different than the NHL except for the offseason. And the NBA is on the exact same schedule as the NHL, so no offseason differences there.

 

[Pablo El Perro]

No different than the NHL except for the offseason. And the NBA is on the exact same schedule as the NHL, so no offseason differences there.

And an off-season doesn't matter with income taxes, unless you are talking about sponsorships or second jobs.

If we are talking about the minute details of tax advantages, Toronto might have it better than Vancouver due to more road games in Florida instead of California.

 

[Sota Popinski]

Great reason why you don't pay long term money at rates comparable to their career year and not historical averages.

Leafs would have saved 2 to 3 million on each of the core 4, doing just that.

So Sam Reinhart wasn't good last year?

 

[Legion34]

And an off-season doesn't matter with income taxes, unless you are talking about sponsorships or second jobs.

If we are talking about the minute details of tax advantages, Toronto might have it better than Vancouver due to more road games in Florida instead of California.

Not with signing/performance bonuses.

No different than the NHL except for the offseason. And the NBA is on the exact same schedule as the NHL, so no offseason differences there.

Not really. Playing 7 teams in a different country is very different than 1.

Either way. It’s not relevant. Signing bonuses. Canadian border. No restructuring like Brady or opt out like Lebron

It’s a different world completely

 

[Pablo El Perro]

Not with signing/performance bonuses.



Not really. Playing 7 teams in a different country is very different than 1.

Either way. It’s not relevant. Signing bonuses. Canadian border. No restructuring like Brady or opt out like Lebron

It’s a different world completely

In the US, income taxes very substantially by state. And yeah, that's how bonuses work. Thanks for kicking the can in your studies.

 

[Dr Jan Itor]

Not with signing/performance bonuses.



Not really. Playing 7 teams in a different country is very different than 1.

Either way. It’s not relevant. Signing bonuses. Canadian border. No restructuring like Brady or opt out like Lebron

It’s a different world completely

Opting out and restructuring has nothing to do with after-tax take home pay. NHL and NFL both have signing bonuses (not sure about NBA). If anything, NFL has more more ability to do weird shit with bonuses as the NHL does.

 

[Chaos2k7]

So Sam Reinhart wasn't good last year?

He was but that is not going to be his new average production levels. He is a PPG guy in Florida and should be paid as such, you don't pay for the outlier season when you have 10 previous ones to gauge realistic expectations from.

 

[Legion34]

In the US, income taxes very substantially by state. And yeah, that's how bonuses work. Thanks for kicking the can in your studies.

Yes. We know. Just like Canada.

we were literally going over the list of
Tax markets in the US by state.
Literally the whole point of the thread.

I posted the calculator.

Thank You - CapFriendly - NHL Salary Caps

Thank you for the amazing 9 years

www.capfriendly.com

Shows all the rates

There is NOTHING about football or basketball contracts in this thread.

 

[Dr Jan Itor]

He was but that is not going to be his new average production levels. He is a PPG guy in Florida and should be paid as such, you don't pay for the outlier season when you have 10 previous ones to gauge realistic expectations from.

Which is why he's probably getting ~$9M and not ~$11M per year.

 

[Chaos2k7]

Which is why he's probably getting ~$9M and not ~$11M per year.

Which was my exact point, in comparison to how the Leafs run things.

Chaos2k7 said:
Great reason why you don't pay long term money at rates comparable to their career year and not historical averages.

Leafs would have saved 2 to 3 million on each of the core 4, doing just that

 

[Legion34]

Which is why he's probably getting ~$9M and not ~$11M per year.

Orrrrrr. You know. The taxes

Every star player in a tax free market signs for less. But it’s for every other reason than the taxes

Which was my exact point, in comparison to how the Leafs run things.

The leafs don’t get tax breaks for players.

 

[Chaos2k7]

Orrrrrr. You know. The taxes

Every star player in a tax free market signs for less. But it’s for every other reason than the taxes



The leafs don’t get tax breaks for players.

We all are very aware this is your opinion. Congrats.

 

[Pablo El Perro]

Yes. We know. Just like Canada.

we were literally going over the list of
Tax markets in the US by state.
Literally the whole point of the thread.

I posted the calculator.

There is NOTHING about football or basketball contracts in this thread.

You can say literally as much as you like, but it still doesn't explain why you think you've studied this more substantially than us while people are educating you about basic details.

I believe, and I'm speculating here, as I didn't bring it up, the NBA and NFL were brought up to ask why such fans don't get so worked up about this matter, as the same applies to those leagues.

And this thread is about Reino. So, no that isn't even figuratively what this thread is about. Their are multiple threads dedicated to tax advantages for certain teams, but you made this another.

 

[Legion34]

We all are very aware this is your opinion. Congrats.

It’s not my opinion. It’s the statements of NHL agents players gms media and accountants.
They openly say that’s why they take less aav.

No one has said they take less for golf or weather or based on all the “opinions” other la have given

 

[Chaos2k7]

It’s not my opinion. It’s the statements of NHL agents players gms media and accountants.
They openly say that’s why they take less aav.

No one has said they take less for golf or weather or based on all the “opinions” other la have given

Interesting.

 

[Pablo El Perro]

Interesting.

Who are la?

 

[Legion34]

You can say literally as much as you like, but it still doesn't explain why you think you've studied this more substantially than us while people are educating you about basic details.

I believe, and I'm speculating here, as I didn't bring it up, the NBA and NFL were brought up to ask why such fans don't get so worked up about this matter, as the same applies to those leagues.

And this thread is about Reino. Their are multiple threads dedicated to tax advantages for certain teams, but you made this another.

You aren’t educating me on basic matters. At all. This has all been covered for years.

The NFL and NBA are irrelevant. There are restructures and impact players and options and very little international play.

Completely different to hockey. The same does NOT apply to those leagues.

It’s not the same at all

 

[Pablo El Perro]

You aren’t educating me on basic matters. At all. This has all been covered for years.

The NFL and NBA are irrelevant. There are restructures and impact players and options and very little international play.

Completely different to hockey. The same does NOT apply to those leagues.

It’s not the same at all

Cool, argue it in a thread literally about that. Glad you learned you pay taxes based on the municipality a game is played in.

 

[Legion34]

Cool, argue it in a thread literally about that. Glad you learned you pay taxes based on the municipality a game is played in.

Yes. But not your performance/signing bonus in the NHL. That gets paid in your home residence.

So if you are a Tampa player and take 10 million in SB and 1 million in base. You collect all the signing bonus in your local market, and splitting the 1 million among the markets

That’s very different than 11 million in base and collecting where you play the games.

That’s a massive difference. I don’t know of NFL/NBA has performance/signing bonuses

Again. We have a calculator that adds it all up.

 

[Dr Jan Itor]

Yes. But not your performance/signing bonus in the NHL. That gets paid in your home residence.

So if you are a Tampa player and take 10 million in SB and 1 million in base. You collect all the signing bonus in your local market, and splitting the 1 million among the markets

That’s very different than 11 million in base and collecting where you play the games.

That’s a massive difference. I don’t know of NFL/NBA has this.

Again. We have a calculator that adds it all up.

The NFL absolutely has this. In fact, they also have additional kinds of bonuses like workout bonuses and roster bonuses.

NBA also has signing bonuses.

 

[Legion34]

The NFL absolutely has this. In fact, they also have additional kinds of bonuses like workout bonuses and roster bonuses.

Yes. So completely different systems that lead to completely different results which are entirely irrelevant to hockey and their fans

 

[Dr Jan Itor]

Yes. So completely different systems that lead to completely different results which are entirely irrelevant to hockey and their fans

Except it results in the same thing, somebody playing in Florida taking home more of their income than they would in Michigan, which makes it not irrelevant.

 

[Legion34]

Except it results in the same thing, somebody playing in Florida taking home more of their income than they would in Michigan, which makes it not irrelevant.

And that difference might be accounted For by restructuring and bonuses etc.

For example. Minny/detroit/chicago etc were able to get past the tax advantage by cheater contracts

No one cared about the taxes. Then the NHl changed the system so that the no tax teams had a clear advantage.

there different mechanisms that may be able to mitigate it in the NFL/NBA.

The NHL has a triple hard cap

 

[Gentle Man]

When Barkov took 10, it capped everyone below that mark.

No one will get paid ĥigher than Barky

This will be 9.5 and below

 

[Sota Popinski]

He was but that is not going to be his new average production levels. He is a PPG guy in Florida and should be paid as such, you don't pay for the outlier season when you have 10 previous ones to gauge realistic expectations from.

They're gonna get a discount on a 50 goal scorer at 2-3 million below market value. He's not asking for 10 mil