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

Was this a good signing?
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Sep. 23, 2019 at 3:10 p.m.
#76
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Hi I'm Kyle Dubas ???
Sep. 23, 2019 at 3:22 p.m.
#77
Phenchod
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HOLY ****
Sep. 23, 2019 at 3:34 p.m.
#78
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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.
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Sep. 23, 2019 at 3:40 p.m.
#79
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Edited Sep. 23, 2019 at 3:53 p.m.
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.'
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Sep. 23, 2019 at 3:55 p.m.
#80
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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, 2019 at 4:02 p.m.
#81
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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).
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Sep. 23, 2019 at 4:13 p.m.
#82
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Point should fire his agent. That's all I'm saying. He's probably on the TB payroll.
Sep. 23, 2019 at 4:13 p.m.
#83
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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, 2019 at 4:18 p.m.
#84
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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, 2019 at 4:18 p.m.
#85
habs_fan
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Dubas ?
Sep. 23, 2019 at 4:37 p.m.
#86
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This kid is going to win them a playoff game ... I can feel it!
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Sep. 23, 2019 at 5:27 p.m.
#87
J.L.
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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
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Sep. 23, 2019 at 6:06 p.m.
#88
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I wish the Habs would have made BriseBois a lifer like Timmins. The man is a cap architect.
Sep. 23, 2019 at 7:54 p.m.
#89
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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, 2019 at 8:01 p.m.
#90
Glep
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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, 2019 at 8:38 p.m.
#91
GoJetsGo
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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, 2019 at 10:13 p.m.
#92
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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, 2019 at 10:29 p.m.
#93
BOLT LOVER
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POINT had surgery in Summer .. out to at least end of October .. probably longer .. adds some context to this deal
Sep. 24, 2019 at 10:09 a.m.
#94
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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, 2019 at 10:39 a.m.
#95
Pop Pop
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top 3 torornto forwards 11mil 11 mil 10 mil top 3 forwards tampa 10 mil 9 mil say 7 mil for point.
Sep. 24, 2019 at 11:05 p.m.
#96
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Quoting: habs_fan123
Dubas ?


Price = $10,500,000 until 40

.....
.....
.....
Sep. 29, 2020 at 12:09 a.m.
#97
Former Hockey Fan
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This may be one of the most impactful RFA signings since the salary cap was introduced. Point was all-world this year, and his contract allowed the Bolts to fill out their roster and win a Stanley Cup.
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Sep. 29, 2020 at 1:32 a.m.
#98
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Quoting: Kotkaniemi15
This may be one of the most impactful RFA signings since the salary cap was introduced. Point was all-world this year, and his contract allowed the Bolts to fill out their roster and win a Stanley Cup.


You've been busy.
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Sep. 29, 2020 at 1:08 p.m.
#99
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Quoting: Kotkaniemi15
This may be one of the most impactful RFA signings since the salary cap was introduced. Point was all-world this year, and his contract allowed the Bolts to fill out their roster and win a Stanley Cup.


And it was a steal the day it was signed
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