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Marner v Keller tax considerations

Created by: bigguycom
Team: 2019-20 Toronto Maple Leafs
Initial Creation Date: Sep. 4, 2019
Published: Sep. 4, 2019
Salary Cap Mode: Basic
Legend
Left Handed
Original Team
Waivers Exempt
Right Handed
Position
Trade Clause
Max Perf. Bonus
Expiry Status
Term Remaining
Logo of the Edmonton Oilers
Waivers ExemptMcDavid, Connor
$12,500,000 (Performance Bonus$250,000)
C
NMC
UFA - 5
Description
This is not perfect but it is certainly more accurate.

Arizona state tax 4.54%
Ontario provincial tax 13.16%
Difference = 8.62%

Marner first 3 seasons PPG = 0.93

Keller first 3* seasons PPG = 0.76
* Assumed 75 point bounce back due to playing with Phil the Thrill.

Marner salary over 8 years = $7150000/.76 x .93 x 1.0862 = $9,503,535

Thoughts? I know it doesn't consider many intangibles. Just a comparable.
Free Agent Signings
RFAYEARSCAP HIT
8$9,503,535
Retained Salary Transactions
DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2020
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Logo of the WPG
2021
Logo of the TOR
Logo of the TOR
Logo of the TOR
Logo of the TOR
Logo of the TOR
Logo of the TOR
Logo of the TOR
2022
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Logo of the TOR
Logo of the TOR
Logo of the TOR
Logo of the TOR
Logo of the TOR
Logo of the TOR
ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
23$81,500,000$81,925,734$0$0-$425,734
Left WingCentreRight Wing
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$3,400,000$3,400,000
LW, RW
UFA - 4
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$11,634,000$11,634,000
C
UFA - 5
Logo of the Toronto Maple Leafs
$6,962,366$6,962,366
RW
UFA - 5
Logo of the Toronto Maple Leafs
$11,000,000$11,000,000
C, LW
NMC
UFA - 6
Logo of the Toronto Maple Leafs
$9,503,535$9,503,535
RW
UFA - 6
Logo of the Toronto Maple Leafs
$775,000$775,000
LW, RW
UFA - 2
Logo of the Toronto Maple Leafs
$3,500,000$3,500,000
LW, C, RW
UFA - 4
Logo of the Toronto Maple Leafs
$775,000$775,000
C, LW, RW
UFA - 2
Logo of the Toronto Maple Leafs
$700,000$700,000
C, RW
NTC
UFA - 1
Logo of the Toronto Maple Leafs
$737,500$737,500
LW
UFA - 2
Logo of the Toronto Maple Leafs
$675,000$675,000
C
UFA - 1
Logo of the Toronto Maple Leafs
$3,200,000$3,200,000
RW
UFA - 3
Logo of the Toronto Maple Leafs
$725,000$725,000
RW, LW
UFA - 1
Logo of the Toronto Maple Leafs
$700,000$700,000
RW, LW
UFA - 1
Left DefenseRight DefenseGoaltender
Logo of the Toronto Maple Leafs
$5,000,000$5,000,000
LD
UFA - 3
Logo of the Toronto Maple Leafs
$4,500,000$4,500,000
RD
UFA - 1
Logo of the Toronto Maple Leafs
$5,000,000$5,000,000
G
M-NTC
UFA - 2
Logo of the Toronto Maple Leafs
$4,000,000$4,000,000
LD
UFA - 1
Logo of the Toronto Maple Leafs
$2,750,000$2,750,000
RD
UFA - 1
Logo of the Toronto Maple Leafs
$700,000$700,000
G
UFA - 1
Logo of the Toronto Maple Leafs
$863,333$863,333
LD/RD
UFA - 1
Logo of the Toronto Maple Leafs
$675,000$675,000
RD
UFA - 1
ScratchesInjured Reserve (IR)Long Term IR (LTIR)
Logo of the Toronto Maple Leafs
$700,000$700,000
LD
UFA - 1
Logo of the Toronto Maple Leafs
$2,250,000$2,250,000
RW, LW
M-NTC
UFA - 2
Logo of the Toronto Maple Leafs
$5,300,000$5,300,000
RW
M-NTC, NMC
UFA - 1
Logo of the Toronto Maple Leafs
$5,250,000$5,250,000
RW
M-NTC, NMC
UFA - 1

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Top Comments

Sep. 4, 2019 at 4:07 p.m.
#1
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Joined: Jun. 2015
Posts: 1,759
Likes: 801
Glendale Babes > TOR Babes

So slight adjustment needs to go to Marner as well. +$500k
bigguycom and Zwui21 liked this.
Sep. 4, 2019 at 4:08 p.m.
#2
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Joined: Jun. 2018
Posts: 261
Likes: 91
Quoting: feds91stammer
Glendale Babes > TOR Babes

So slight adjustment needs to go to Marner as well. +$500k


Damn I forgot the most important part
Sep. 4, 2019 at 4:09 p.m.
#3
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Joined: Aug. 2019
Posts: 391
Likes: 143
marner won't pay that much in taxes. you're oversimplifying marginal tax brackets, jock tax, escrow, agent's fees, etc.. the real tax difference is 8.62% of the amount over the highest marginal tax bracket over 42 home games, minus any pre-tax amounts for health, retirement, etc., minus whatever his accountant manages to shield from tax liability. then the rest is a wash because jock taxes will be equal for both states.

the actual difference is probably less than 3% over the life of the contract.
Sep. 4, 2019 at 4:11 p.m.
#4
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Joined: Nov. 2017
Posts: 112
Likes: 26
To me, 8x9.5 has always made sense as it's exactly in line with what other top wingers in the league (Kucherov & Stone) have signed for recently. You want direct comparables, there they are. All this being said, you can't stop the fact the Marner camp wants to pick and choose its comparables.
Hawks_Are_Dumm liked this.
Sep. 4, 2019 at 4:16 p.m.
#5
Chicago
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Joined: Jun. 2015
Posts: 6,997
Likes: 2,843
You can't forget average temperature
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