No, no they don't. Most AHL players make 5 figures. It's when they're called up that they make the big money. A stint in the nhl could be equivalent to an entire years salary to these guys.
I think you're mistaken.
Now for the bonus question
To the people that live close to them or in the same building
post your pics of the buildings and streets!
So we can see if they really live like millionaire sports athletes
Exactly, I know a couple there who recently just bought a condo around Maple Leaf Square, dont know what they paid thats not my business but I can guarantee you they're not millionaires. Just have a really good paying job
I personally don't think real estate is a sound investment option. If you read Nate Silver's book "The Signal and the Noise", he covers there that when you adjust for inflation, homeowners since the Great Depression have averaged about a 2% ROI. That's factoring in cost of home ownership, such as maintenance, taxes, interest paid to lenders, etc.
This is something I speculated on a while back.
Living in a Cap world, every organization wants to get an edge.
What would stop the Leafs from building this amazing, say 10 million dollar plus mansion/complex somewhere in the city. It would have multiple units in it, say 7 or 8 sub units in it (or more?). Amazing gym, workout rooms, in a gated private area.
"UNITS" could be offered to players, families, UFA's as temporary lodging... I know players often live in hotel rooms sometimes for weeks/months pending their contract status. Something like "as a member of the organization we also have this space available for you and your family, coming to a city you don't know and hunting for a place to live, here's a 4-5 star dwelling you can "use as a member of the team".
Not trying to "skirt the salary cap", but wouldn't this be a huge bonus to any player as say a UFA, knowing their accommodation was included for a crazy low monthly rate, in a building with teammates etc and other families? How could the league see this a cap circumvention in any way? Just the team offering a place to live for a dirt cheap rate. Cannot be quantified monetarily for cap reasons.
I am surprised this hasn't happened yet in sport.
You have to be a millionaire to live in the downtown-ish neighborhoods in Toronto anyway. The young kids seem to live in the condos around the ACC, but I imagine if and when the team has those long standing veteran again, you'll see them in Forest Hill, the Bridle Path and those kids of places again.
Where are you guys getting the idea that you need to be a millionaire to own a condo downtown? Condos range from $300k - millions. Lots of people own a condo downtown without being millionaires.
I personally don't think real estate is a sound investment option. If you read Nate Silver's book "The Signal and the Noise", he covers there that when you adjust for inflation, homeowners since the Great Depression have averaged about a 2% ROI. That's factoring in cost of home ownership, such as maintenance, taxes, interest paid to lenders, etc.
Over the short term, you can make a lot of money, though.
Don't forget Oakville!
Ed Belfour lives in Oakville (as does Ron McLean). There's actually a lot of athletes out there. My friend lives down the street from Donovan Bailey and next door to Bob Probert's brother.
I think the Nylander family are somewhere in Mississauga. The Strome family are walking distance from my home.
This is 100% false from someone who has lived in the "downtown-ish" neighborhoods for many years.
I am curious as well. I get the impression it is coming from individuals who have never actually lived downtown before.
Owning a nice house in downtown Toronto is where you need to be a millionaire. You probably need Sundin's income to afford a Forrest Hill McMansion.