Quoting: CollarMcbroken
I do think Toronto has the best shot at signing Stamkos but not at a discount like 9.5mil. with Canadian tax he'd lose quite a bit more. I'd say it's 10.5 or he gets 10.5 somewhere else.
This Canadian tax situation isn't really a issue for players.....especially those making huge money. They are incorporated companies, which has a tax rate of 15%, it's 35% in the US, and this is just for "profits.
The money that players take out for spending...is taxable at the personal tax rate, but most of their money is their "company" I know an NHLer who has not spend any of NHL salary in 12 years in the NHL. He lives off the ancillary incomes that players in the league make as a group and other money individually. Doctors, dentists, lawyers, entertainers do not pay taxes like most mortals.
Leafs can get rid of Holland, just not by offering him a contract when his current contract expires. Bozak at 4.25m a year for two years, might be good value but still might be tough to move without taking money back.
Personally, I hope they do not sign Stamkos. Let Reilly, Nylander, Marner, 1st round pick this year become stars and get the big money in a few years. Don't need Stamkos gumming up the salary cap in the future.