Rumor: Trade Rumors and Proposals Thread XXV: Season over. Still waiting to begin...

[McQuixote]

That sound you heard was Tyler Bozak dropping an F-bomb that rattled the windows on the space station.

 

[OilerFan4Life]

Dreger just digging himself a bigger hole


@DarrenDreger1m
I doubt there are many teams as motivated to make deals as the Leafs are. Nonis is virtually willing to listen to offers on everyone.


Guy is an embarrassment.

 

[Comrade Blunderbore]

That sound you heard was Tyler Bozak dropping an F-bomb that'll rattle the windows on the space station.

that was a good one, señor

 

[bucks_oil]

If people thought like this, there wouldn't have been two lockouts in the past 7 years Oilers dynasty team would have stayed together to win the 1994 Cup in Edmonton rather than New York.

His buyout money would also be subject to Quebec provincial taxes.

This is likely true for the years he will be in Quebec. (I'm not an accountant, but I believe his buyout will be treated as "employment income" in the years it is paid out, not solely in this year).

His buyout amounts to $1.76M/year for 14 years. http://www.tampabay.com/sports/hockey/lightning/lightning-starts-lecavalier-buyout-process/2128824

In Quebec that would mean an average marginal tax rate of 47.25 on that income only... so he'd be left with $928,351.

In Alberta the rate would be 38.22% so he'd be left with 1,087,330...

But those are the taxes on only the buyout income. If you assume he signed for $5M the rates change to:

Quebec: $6.76M x (1.00-47.97%) = $3.517M
Alberta: $6.76M x (1.00-38.8%) = $4.137M

That's $620K per year!

(I used: http://www.ultimatecalculators.com/canada_tax_calculator.html)

 

[Jimmi McJenkins]

http://hfboards.mandatory.com/showpost.php?p=68063863&postcount=35



"waah waah narrative blah blah blah".

It's good to read/think before you post

I did, you're touchy today, you say that bit, then spend many other posts tearing him down, similarly what you did to Justin Schultz during the playoffs. I call it a narritive, because that what it is, a carefully crafted argument design to channel oppinion as opposed to present a point

 

[GMofOilers]

From a agent on twitter

don't be surprised to see Vinny sign a 1 year deal somewhere then sign with tampa again the next year.

 

[The Perfect Human*]

I did, you're touchy today, you say that bit, then spend many other posts tearing him down, similarly what you did to Justin Schultz during the playoffs. I call it a narritive, because that what it is, a carefully crafted argument design to channel oppinion as opposed to present a point

narrative*

Letang, coming off a (undeserved) Norris nomination and with apparent 7M+ salary demands, is definitely an overpay given what he'll cost to acquire and the money it'll take to extend him. Especially when he's not a true #1 defenseman.

Would he make the Oilers better? Yes. Is the increment of "betterness" worth it given the cost it will take to acquire and extend him? No.

If that's a "tear down" campaign then so be it. I don't like one-dimensional defensemen getting overpaid and underperforming on big contracts when more solid 2-way defensemen who provide more value at same/less money are available.

My "narrative" with Justin Schultz is he's not as good as the Shattenkirk's, Voynov's, Faulk's, and Josi's of the league - and that he lacks top-pairing potential. I still value what he brings to the team - I just don't get dreams of grandeur for him like others do.

 

[czar99]

This is likely true for the years he will be in Quebec. (I'm not an accountant, but I believe his buyout will be treated as "employment income" in the years it is paid out, not solely in this year).

His buyout amounts to $1.76M/year for 14 years. http://www.tampabay.com/sports/hockey/lightning/lightning-starts-lecavalier-buyout-process/2128824

In Quebec that would mean an average marginal tax rate of 47.25 on that income only... so he'd be left with $928,351.

In Alberta the rate would be 38.22% so he'd be left with 1,087,330...

But those are the taxes on only the buyout income. If you assume he signed for $5M the rates change to:

Quebec: $6.76M x (1.00-47.97%) = $3.517M
Alberta: $6.76M x (1.00-38.8%) = $4.137M

That's $620K per year!

(I used: http://www.ultimatecalculators.com/canada_tax_calculator.html)

I thought hockey players are corporated, which means they pay corporate tax not proprietor tax like the average joe. Similar to that of a doctor.

 

[doubledown99]

This is likely true for the years he will be in Quebec. (I'm not an accountant, but I believe his buyout will be treated as "employment income" in the years it is paid out, not solely in this year).

His buyout amounts to $1.76M/year for 14 years. http://www.tampabay.com/sports/hockey/lightning/lightning-starts-lecavalier-buyout-process/2128824

In Quebec that would mean an average marginal tax rate of 47.25 on that income only... so he'd be left with $928,351.

In Alberta the rate would be 38.22% so he'd be left with 1,087,330...

But those are the taxes on only the buyout income. If you assume he signed for $5M the rates change to:

Quebec: $6.76M x (1.00-47.97%) = $3.517M
Alberta: $6.76M x (1.00-38.8%) = $4.137M

That's $620K per year!

(I used: http://www.ultimatecalculators.com/canada_tax_calculator.html)

I'm not 100% sure but Vinny should be able to get a foreign tax credit on his buyout income because it was earned outside of Canada (if he signs in Canada). The buyout was for services performed in his years in Tampa.....not in Canada and therefore not subject to tax.

 

[Jimmi McJenkins]

So as far as Lecavalier, the Oilers should go hard after him. He's just the perfect fit for what the Oilers need now and going forward in the short term. Especially with the Nuge likely out to start the year.

 

[Fixed to Ruin]

That sound you heard was Tyler Bozak dropping an F-bomb that rattled the windows on the space station.

Like this?

 

[Worraps]

I'm not 100% sure but Vinny should be able to get a foreign tax credit on his buyout income because it was earned outside of Canada (if he signs in Canada). The buyout was for services performed in his years in Tampa.....not in Canada and therefore not subject to tax.

Canadian residents pay Canadian income tax on their worldwide income. If taxes are withheld in Florida he'll get a credit for them but he'll still end up paying the Quebec rate if he lives in Quebec.

This is a big reason why he didn't sign with Montreal when he had the chance to 4 years ago.

 

[Comrade Blunderbore]

From a agent on twitter

don't be surprised to see Vinny sign a 1 year deal somewhere then sign with tampa again the next year.

if this is his plan, think we have a nice chance to get this cameo of him. we could provide some of the best linemates around along with a nice paycheck. maybe he would seek for a chance at the cup though; but i fail to see a contender who will be eager to add a center for hearty sum for only one year.

i think he would thoroughly consider an offer if MacT were to make him one.

 

[Seachd]

Dreger just digging himself a bigger hole


@DarrenDreger1m
I doubt there are many teams as motivated to make deals as the Leafs are. Nonis is virtually willing to listen to offers on everyone.


Guy is an embarrassment.

Why do you read him on Twitter?

And how is he digging a hole?

 

[frag2]

narrative*

Letang, coming off a (undeserved) Norris nomination and with apparent 7M+ salary demands, is definitely an overpay given what he'll cost to acquire and the money it'll take to extend him. Especially when he's not a true #1 defenseman.

Would he make the Oilers better? Yes. Is the increment of "betterness" worth it given the cost it will take to acquire and extend him? No.

If that's a "tear down" campaign then so be it. I don't like one-dimensional defensemen getting overpaid and underperforming on big contracts when more solid 2-way defensemen who provide more value at same/less money are available.

My "narrative" with Justin Schultz is he's not as good as the Shattenkirk's, Voynov's, Faulk's, and Josi's of the league - and that he lacks top-pairing potential. I still value what he brings to the team - I just don't get dreams of grandeur for him like others do.

I don't agree with you often but this point I do. I've said all along that Letang plays "like" a #1 on the Penguins but will he on a weaker cast with the Oilers? I doubt it. Will be serviceable #2 for sure but how much "better" is he than Schultz if Schultz was on the Pens.

The price to acquire Letang is going to be brutal IMO

 

[rasarhdasd]

Tencer answering questions on twitter, some notable stuff -

Horcoff + Hemsky traded 'soon'.
Horcoff most likely to be traded before/at the draft
Fistric won't be back
'very possible' about landing Clutterbuck.
Belanger likely only buyout (obviously)

 

[The Perfect Human*]

I don't agree with you often but this point I do. I've said all along that Letang plays "like" a #1 on the Penguins but will he on a weaker cast with the Oilers? I doubt it. Will be serviceable #2 for sure but how much "better" is he than Schultz if Schultz was on the Pens.

The price to acquire Letang is going to be brutal IMO

He was playing behind Martin and Orpik in the RS/playoffs this year.

Petry and Smid are both better than Orpik. Petry vs Martin is a debatable argument.

Letang would likely see similar use here. If thrust into that shutdown tough-minute role, his numbers (points and plus/minus) would drop horribly.

 

[GMofOilers]

Tencer answering questions on twitter, some notable stuff -

Horcoff + Hemsky traded 'soon'.
Horcoff most likely to be traded before/at the draft
Fistric won't be back
'very possible' about landing Clutterbuck.
Belanger likely only buyout (obviously)

Also said 7th and Hemsky could get Carolinas 5th pick.

 

[Bauer83]

That sound you heard was Tyler Bozak dropping an F-bomb that rattled the windows on the space station.

What's does this relate to? Must have missed something obvious.

 

[frag2]

Dreger just digging himself a bigger hole


@DarrenDreger1m
I doubt there are many teams as motivated to make deals as the Leafs are. Nonis is virtually willing to listen to offers on everyone.


Guy is an embarrassment.

Well he definitely knows who fills the bread baskets

 

[CantHaveTkachev]

Dreger just digging himself a bigger hole


@DarrenDreger1m
I doubt there are many teams as motivated to make deals as the Leafs are. Nonis is virtually willing to listen to offers on everyone.


Guy is an embarrassment.

what did Dreger say that was so bad?

 

[doulos]

Letang would be the best d-man on the Oilers by a mile. Would love to have him if the price is decent.

 

[Oiltankjob Fail]

What's does this relate to? Must have missed something obvious.

I think it refers to Vinny becoming most sought after free agent Center ahead of Weiss and Bozak . how I interpreted it anyways.

 

[joestevens29]

Aaron Portzline ‏@Aportzline 19s
RT @TimSassone: #Blackhawks Bowman said club plans to use buyouts on Montador and Olesz.

 

[joestevens29]

Pierre LeBrun ‏@Real_ESPNLeBrun 14s
Heard from another team that the Blackhawks are shopping center Dave Bolland...

Bob McKenzie ‏@TSNBobMcKenzie 53s
MIN talking extension with Clutterbuck but also talking trade involving him. UFA P-M Bouchard won't be back; Matt Cullen probably not back.