SalarySwishSalarySwish
Forums/Armchair-GM

Sergachev is ONLY Cap issue and FL taxes

Created by: BOLTLOVER1
Team: 2018-19 Tampa Bay Lightning
Initial Creation Date: Mar. 4, 2019
Published: Mar. 4, 2019
Salary Cap Mode: Basic
Description
Here is cheat sheet for Tampa.
1. Point will sign long term for market rate
2. NHL .. and all pro sports .. file tax returns in each physical place they play. So Tampa does have a 40 game no state tax advantage but it not that much as morons think here.
3. Tampa does have to trade 2-3 of Killorn Miller Gourde Johnson Sergachev Callahan Palat before 2020/21 season .. this enables Point and Vaz to be resigned.
4. Syracuse Crunch is loaded. Young kids have to play .. Cirelli Erne Cernek and Joseph are all first year players doing well now ..next up Foote Vollov Raddish Boris etc. .. you HAVE to play these kids and make room for them. This is how dynasties occur.
5. Sergachev is a player the organization needs to make decision on before contract in 2021. I say trade him now and get Ristolainen .. his own zone passing is putrid.

Above answers 99% of theories on this site. OH also Disneyland is in Orlando not Tampa.
Trades
Buyouts
Buried
DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2018
2019
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the CHI
2020
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
2021
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
Logo of the TBL
ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
24$79,500,000$82,748,780$142,947$750,000-$3,248,780
Left WingCentreRight Wing
Logo of the Tampa Bay Lightning
$5,000,000$5,000,000
RW, C, LW
NTC
UFA - 6
Logo of the Tampa Bay Lightning
$8,500,000$8,500,000
LW, C
NMC
UFA - 6
Logo of the Tampa Bay Lightning
$5,800,000$5,800,000
RW
M-NTC, NMC
UFA - 2
Logo of the Tampa Bay Lightning
$4,450,000$4,450,000
RW, LW
NTC
UFA - 5
Logo of the Tampa Bay Lightning
$5,250,000$5,250,000
C, LW, RW
UFA - 5
Logo of the Tampa Bay Lightning
$4,766,667$4,766,667
RW
UFA - 1
Logo of the Tampa Bay Lightning
$800,000$800,000
LW, RW
UFA - 1
Logo of the Tampa Bay Lightning
$1,000,000$1,000,000
C, LW, RW
UFA - 1
Logo of the Tampa Bay Lightning
$5,300,000$5,300,000
LW, RW
NTC
UFA - 4
Logo of the Tampa Bay Lightning
$728,333$728,333 (Performance Bonus$182,500$182K)
LW, RW
UFA - 2
Logo of the Tampa Bay Lightning
$728,333$728,333 (Performance Bonus$182,500$182K)
C, LW
UFA - 2
Logo of the Tampa Bay Lightning
$715,000$715,000
LW
UFA - 1
Logo of the Tampa Bay Lightning
$686,667$686,667 (Performance Bonus$182,500$182K)
C, RW
UFA - 1
Logo of the Tampa Bay Lightning
$650,000$650,000
C
UFA - 1
Left DefenseRight DefenseGoaltender
Logo of the Tampa Bay Lightning
$7,875,000$7,875,000
LD
NMC
UFA - 7
Logo of the Tampa Bay Lightning
$4,500,000$4,500,000
RD
M-NTC
UFA - 1
Logo of the Tampa Bay Lightning
$3,500,000$3,500,000
G
UFA - 2
Logo of the Tampa Bay Lightning
$4,700,000$4,700,000
LD
M-NTC
UFA - 1
Logo of the Tampa Bay Lightning
$3,000,000$3,000,000
RD
NTC
UFA - 1
Logo of the Tampa Bay Lightning
$1,150,000$1,150,000
G
UFA - 2
Logo of the Tampa Bay Lightning
$3,700,000$3,700,000
LD
M-NTC
UFA - 1
Logo of the Tampa Bay Lightning
$697,500$697,500 (Performance Bonus$202,500$202K)
RD
UFA - 2
Logo of the Tampa Bay Lightning
$650,000$650,000
LW
UFA - 1
Logo of the Buffalo Sabres
$5,400,000$5,400,000
RD
UFA - 4

Embed Code

  • To display this team on another website or blog, add this iFrame to the appropriate page
  • Customize the height attribute in the iFrame code below to fit your website appropriately. Minimum recommended: 400px.

Text-Embed

Click to Highlight
Mar. 4, 2019 at 8:26 a.m.
#1
KFTW
Avatar of the user
Joined: Jul. 2018
Posts: 43,260
Likes: 24,112
Overpayment by Tampa. Put in Alex Nylander
GMTD liked this.
Mar. 4, 2019 at 9:06 a.m.
#2
BiscuitBakesHotTaeks
Avatar of the user
Joined: Apr. 2018
Posts: 1,327
Likes: 361
Buff says yes please
Mar. 4, 2019 at 9:17 a.m.
#3
Avatar of the user
Joined: Apr. 2017
Posts: 1,120
Likes: 439
The tax implications are pretty big. Florida based teams (both Florida and Tampa), along with Nashville, Vegas, Dallas all share the same advantage (no state income tax). So it's more than 41 games a year, depending on the team, it could run from 44-50 games a year of advantage.

The advantage is not Tampa (as an example) vs the rest of the league. It's Tampa vs California based, NY based or Canadian based teams. On a $10mm contract (as a round number to make the math easy), to get the same net payrate, it would need to be $11.3 million in CA, $11.1 million in Canada (plus you have foreign tax payments between the US and Canada), and $10.882 in NY. And that's not including cost of living differences (also doesn't account for marketing opportunities, which a lot of guys bank away).

But, if you look at Tampa vs Detroit, Chicago, Colorado (for examples), $10 million in Tampa equals $10.425 in Detroit, $10.495 in Illinois, and $10.463 in Colorado. While not peanuts, guys are making contract decisions off of a few thousand K (unlike 800k-1.3million). Lifestyle (hockey player lifestyle), schools, family ties, playing styles and chances for success all play into the 500K difference.

If it is your first big contract, or your last contract (and you've got a cup), then it could make a difference. If you've won already, or have had multiple contracts, the other considerations are significantly more important.
Mar. 4, 2019 at 9:29 a.m.
#4
LongtimeLeafsufferer
Avatar of the user
Joined: Jul. 2015
Posts: 59,783
Likes: 22,818
In Canada, taxes aren't so much based upon where you earned the money, but what your residence is. Then we get into the issue of whether players pay personal on much of their wages.
Mar. 4, 2019 at 9:35 a.m.
#5
exo2769
Avatar of the user
Joined: Jul. 2015
Posts: 15,683
Likes: 9,837
Quoting: csick
Overpayment by Tampa. Put in Alex Nylander


I'm not so sure Serg is going to get what people think. He's clearly a quality Dman, but at what point does production take over from draft status? It's a delicate balance. I'm sure he's going to want to get paid, but he really hasn't done much in the NHL. TB is clearly and superstar team...so even when you're talking about his 23 points...how many of them are because he's that good or because his TEAM is that good. If I were TBL...I'd extend him and I think he's a good bridge candidate. I ABSOLUTELY believe he's a good Dman, but put yourself in the to the opposite GM's shoes...are you trading away a serious asset for NHL production or draft position? Tough call IMO. Keep Serg and develop him.
BOLTLOVER1 liked this.
Mar. 4, 2019 at 10:33 a.m.
#6
Banned
Avatar of the user
Joined: Mar. 2018
Posts: 6,784
Likes: 1,915
2. NHL .. and all pro sports .. file tax returns in each physical place they play. So Tampa does have a 40 game no state tax advantage but it not that much as morons think here.

False actually. In Canada, American citizens that are on a thing known as a "work visa" actually pay taxes based on their residential address which is in whatever state they reside in in the US. This is because they are not a Canadian citizen and have to return home once the work visa expires. Canada has a treaty signed with the US to allow Americans working in professional sports in Canada to pay different tax rates.

So if you're gonna insult people like you have, you might as well be right about it before you do it.
F50marco liked this.
Mar. 4, 2019 at 12:08 p.m.
#7
Avatar of the user
Joined: May 2015
Posts: 19,595
Likes: 6,735
Quoting: jonesryan
2. NHL .. and all pro sports .. file tax returns in each physical place they play. So Tampa does have a 40 game no state tax advantage but it not that much as morons think here.

False actually. In Canada, American citizens that are on a thing known as a "work visa" actually pay taxes based on their residential address which is in whatever state they reside in in the US. This is because they are not a Canadian citizen and have to return home once the work visa expires. Canada has a treaty signed with the US to allow Americans working in professional sports in Canada to pay different tax rates.

So if you're gonna insult people like you have, you might as well be right about it before you do it.


Ehhhh fact-o schmact-o's as I like to say. Its all about presentation. The facts are just....misleading. laugh
Mar. 4, 2019 at 2:28 p.m.
#8
Thread Starter
BOLT LOVER
Avatar of the user
Joined: Dec. 2018
Posts: 2,120
Likes: 358
Taxes only matter in US as I said ... morons.. Lol
Mar. 5, 2019 at 1:17 p.m.
#9
Avatar of the user
Joined: Jun. 2017
Posts: 288
Likes: 37
Disneyland is in CA, Disney World is in Orlando.
 
Reply
To create a post please Login or Register
Question:
Options:
Add Option
Submit Poll