Forums/NHL Signings

Tampa Bay Lightning signed Brayden Point (3 Years / $6,750,000 AAV)

Was this a good signing?
The chart has been hidden

Poll Options

 

Sep 23 at 3:10
#76
Joined: Aug 2018
Posts: 164
Likes: 30
Hi I'm Kyle Dubas 🤡🤡🤡
Sep 23 at 3:22
#77
Yee
Joined: Jul 2019
Posts: 115
Likes: 22
HOLY ****
Sep 23 at 3:34
#78
Joined: May 2015
Posts: 15,665
Likes: 3,759
Great contract! Thought point would put up more of a fight but then again why would you?

In most cases money is the most important thing but it gets real hard to think too much about money when you have great weather, low taxes, a team of guys all willing to take less to be competitive and an all star talented team that makes everyone look better as a result.

Its pretty much the same in the "real" world. If I had a job I loved going to where I had fun almost everyday and life there was generally pretty good all round, I wouldn't be thinking about money as much.
vmark and Kylonetic8 liked this.
Sep 23 at 3:40
#79
Joined: Jan 2017
Posts: 18
Likes: 14
Edited Sep 23 at 3:53
Quoting: drewjenks
Honestly ... I'm a Leaf fan ... and there's zero chance Point end's up with Marner type money over the next 6 years:

Mitch Marner

6 Year AAV = $10,890,000

Brayden Point

Year 1 (Contract 1) = $6,750,000
Year 2 (Contract 1) = $6,750,000
Year 3 (Contract 1) = $6,750,000
Year 4 (Contract 2) = $15,030,000
Year 5 (Contract 2) = $15,030,000
Year 6 (Contract 2) = $15,030,000

6 Year AAV = $10,890,000

If Tampa can keep Point's next cap-hit under $15,030,000 and his term over 2 years ... they'll come out laughing.

And if I had to guess ... I'd guess that Point's next contract will look very similar to Marner's current contract.


I disagree with that. The income tax calculator (which does factor in jock tax) shows Point paying ~39.13% in taxes since there's no state income tax, so $3.195M this year, $3.625M next year, $5.331M in the last year for a total of $12.151 over these 3 years after taxes but before agent fees and escrow.
Marner gets $7.464M, $6.999M, $4.842M, $3.746Mx3 for $30.543M. That's an extra $18.392M over 3 years or $6.131M per year. The salary cap should be significantly higher by then. He surpasses Marner's earnings if he gets $10.2Mx3 ($4.8M salary, 5.4M bonus) over that 3 year period. Again, everything is using the capfriendly tax estimate tool and assuming 0 escrow and 0 agent fees for both guys.

Edit: I'm not saying it will definitely happen, but saying there's 0 chance he ends up with Marner type money to me seems inaccurate. Even if he gets exactly his 9Mx3 with no bonuses (important for jock tax since there's no income tax in Tampa) he'd only wind up $2.4M shy in post-tax, pre-escrow/fees income which is 92.14% of Marner's earnings, which I would consider to be 'Marner type money.'
vmark liked this.
Sep 23 at 3:55
#80
Joined: Feb 2018
Posts: 16
Likes: 11
The 3 people that voted no are Leaf fans who are coming to realize that other GM's didn't take Dubas' deal of overpaying RFA's and now have their tale between their legs.
Sep 23 at 4:02
#81
Joined: Aug 2017
Posts: 1,473
Likes: 459
Quoting: jamnjon
I disagree with that. The income tax calculator (which does factor in jock tax) shows Point paying ~39.13% in taxes since there's no state income tax, so $3.195M this year, $3.625M next year, $5.331M in the last year for a total of $12.151 over these 3 years after taxes but before agent fees and escrow.
Marner gets $7.464M, $6.999M, $4.842M, $3.746Mx3 for $30.543M. That's an extra $18.392M over 3 years or $6.131M per year. The salary cap should be significantly higher by then. He surpasses Marner's earnings if he gets $10.2Mx3 ($4.8M salary, 5.4M bonus) over that 3 year period. Again, everything is using the capfriendly tax estimate tool and assuming 0 escrow and 0 agent fees for both guys.


If income taxes were as simple as clicking one button ... than no one would need accountants.

I'm not going to go into detail (long explanation) ... but the difference in their final tax rate won't be nearly as much as a tax calculator implies.

Did you factor in the (massive) difference in endorsement opportunities between the cities? (Is Point's face on any Red Bull cans? Or insurance billboards?)

PS: Matthews and Tavares final income tax rates are almost identical to anyone on Tampa Bay (Marner isn't quite as lucky though).
Brian2016 and Zwui21 liked this.
Sep 23 at 4:13
#82
Joined: Jun 2018
Posts: 7,055
Likes: 1,430
Point should fire his agent. That's all I'm saying. He's probably on the TB payroll.
Sep 23 at 4:13
#83
Joined: Dec 2017
Posts: 1,611
Likes: 658
Quoting: niong108
That's Brayden Point telling all the hockey world that he wants to win a cup with the lightning.
Tkachuk what are you waiting for now?! You wanna be the last as****le to sign, right? That's just who u are...


What makes you think this deal was/is on the table for Tkachuk? Like I said, this is the richest 3 year bridge deal in league history. And it's in a state w/ no state income tax on a team where the MVP of the league makes only $9.5M on an 8 year deal! Point is arguably the 5th most valuable player on the team. This contract is fine, but it's not a steal. You have to acknowledge that the dollar amount is relative to other factors, particularly term. This deal is NOT a comparable to Matthews, Marner, etc...Point would've gotten much, much more money on a 5 or 6 year contract.
Sep 23 at 4:18
#84
Joined: Dec 2017
Posts: 1,611
Likes: 658
Why doesn't anyone realize that the Marner deal is NOT a comp for Point's deal. 3 years vs. 6 years. No state tax for Point. Why do you think McAvoy signed for less than $5M AAV? Shorter term deals are always gonna carry a smaller cap hit!!! It's called a "bridge deal" for a reason.
Sep 23 at 4:18
#85
habs_fan
Joined: Jan 2018
Posts: 2,435
Likes: 484
Dubas 💩
Sep 23 at 4:37
#86
Joined: Aug 2017
Posts: 1,473
Likes: 459
This kid is going to win them a playoff game ... I can feel it!
Brian2016 and vmark liked this.
Sep 23 at 5:27
#87
J.L.
Joined: Jul 2018
Posts: 183
Likes: 65
Quoting: F50marco
Great contract! Thought point would put up more of a fight but then again why would you?

In most cases money is the most important thing but it gets real hard to think too much about money when you have great weather, low taxes, a team of guys all willing to take less to be competitive and an all star talented team that makes everyone look better as a result.

Its pretty much the same in the "real" world. If I had a job I loved going to where I had fun almost everyday and life there was generally pretty good all round, I wouldn't be thinking about money as much.


In other words Leafs' stars are demanding more because they hate it there? wink
Brian2016 liked this.
Sep 23 at 6:06
#88
Joined: May 2017
Posts: 242
Likes: 53
I wish the Habs would have made BriseBois a lifer like Timmins. The man is a cap architect.
Sep 23 at 7:54
#89
Joined: Jul 2018
Posts: 110
Likes: 77
Quoting: rebecca
True. However if you consider the Cap % on signing this is less than those two examples by a considerable amount.


Yes but if we are going to consider cap % on signing then we have to consider points being a bridge deal versus the other two being long term. So either way you look at it, value of just the deals signed from today until the end, or based on value at the time of signing, I think MacKinnon and Pastranak deals are better.

That doesn't mean Points is bad, just that I think those deals are a little better based on the players and term remaining.
Sep 23 at 8:01
#90
Marner Kermit Fetish
Joined: Sep 2018
Posts: 1,075
Likes: 369
Quoting: MJC13
Dubas is out here playing chess. Pay Marner a huge amount so other teams will have to overpay th....well **** that didn't work out.


its like he just moved a bishop into a kamikaze position and it resulted in his queen being left open and taken
Sep 23 at 8:38
#91
GoJetsGo
Joined: Jun 2018
Posts: 500
Likes: 127
Thought they'd had "almost no discussions"!
Not shocked he took a discount, this deal makes me very happy as a Jets fan though. This has to set a bar for any bridge Laine or Connor might sign now.
Sep 23 at 10:13
#92
Discord COL's GM
Joined: Mar 2018
Posts: 6,404
Likes: 1,670
Dubas "Haha, now F you Tampa you now don't have the funds to sign Point because we set a high bar on his........con...trac.......GOD F'ING D*MN IT. This is bs no fair can we get a restructure going???


It's not a bad contract whatsoever, but I am interested in seeing how they fit other players into the mix next year including Tyler Johnson, and Sergachev.
Sep 23 at 10:29
#93
BOLT LOVER
Joined: Dec 2018
Posts: 1,523
Likes: 252
POINT had surgery in Summer .. out to at least end of October .. probably longer .. adds some context to this deal
Sep 24 at 10:09
#94
Joined: May 2015
Posts: 15,665
Likes: 3,759
Quoting: JonJon
In other words Leafs' stars are demanding more because they hate it there? wink


Well I think "hate" is a strong word. I don't hate winter, taxes, etc but I do like warm weather and less taxes a lot more. wink
Sep 24 at 10:39
#95
Joined: Feb 2018
Posts: 3,583
Likes: 832
top 3 torornto forwards 11mil 11 mil 10 mil top 3 forwards tampa 10 mil 9 mil say 7 mil for point.
Sep 24 at 11:05
#96
Joined: Aug 2017
Posts: 1,473
Likes: 459
Quoting: habs_fan123
Dubas 💩


Price = $10,500,000 until 40

.....
.....
.....
 
Reply
To create a post please Login or Register
Question:
Options:
Submit Poll Edit