Ya better spell his name correctly on the offer sheet or he won’t sign.
And if he did, it wouldn’t even be legal.

Cirelli is definitely signing for that cheaply. Especially if he wants to stay in Tampa.

CapFriendly Rule #1: If you can't spell him, you can't have him.

Incorrect. a 6 million dollar deal gives Cirelli about 3.4 mil in chicago and 3.7 in Tampa. A 4.5 mil deal would be far less after tax than the 3.4 he takes in from chicago. So If tampa can match this deal he gets more money (about 300k), but I don't think they can afford to give him 6 mil against the cap for 3 years. Not unless Palat, Johnson, and killorn all waive NTC's, and why would they for the reasons you mentioned. They make more on their current deals in tampa and its a contender in a warm weather enviroment. CF has an income tax calculator under the calculator section on the top bar if you want to check all this out

If there is an income tax that applies to where someone works but not where they live then that person is required to pay non resident taxes. So for instance if I work in NYC but live in NJ, I must file a non resident tax return for NY State and NYC and resident tax return for Florida. The point about the federal and and agent and escrow portions is that they are are percentage of the gross amount and not a fixed number. So the bigger the gross earnings the higher the deduction amount. The point is the player only keeps about 44% of the higher contract number before state taxes.

I stand corrected. I had read a couple of articles based upon this premise that were written a few years ago. I did not realize the tax codes and rates had changed that significantly since then

Not many teams just takes one that the player is willing to take the sheet from. The Sabres for instance have 35 million in cap space and routinely spend right to the cap. This player would fill their biggest roster need. So I could very easily see them doing this. On top of that Tampa is going to have to clear some cap even to sign these guys to 3 x 4 AAV deals and with the financial limitations of many teams it will prove very difficult to offload salary. In addition most of the players Tampa would need to move have NMC and it will greatly limit the number of teams these players can be moved to if any.

Yeah that might be true. I made a post regarding TB couple of weeks ago about how they could deal with the cap.

Hate to be that guy, but you are all wrong. The Illinois income tax rate is flat for all individuals regardless of where you live in Illinois at 4.95%. Players are taxed on their salaries based on where they play their games and thus, half of their salary is generated in their home state (half the games) so $6M salary, $3M is taxed in the home state. The difference between that $3M being taxed in Florida (0% income tax rate) versus illinois (4.95% income tax rate) is $148,500. The other half of their games again are taxed where they are played.

What some of you are quoting around the 10.25% tax rate is SALES TAX in Chicago not INCOME TAX. Many athletes live in the suburbs, mainly Bears players, because their training facility is in Lake Forest, IL. Other reasons because they want to live in a house with a backyard.

This is clearcut for athletes that they are taxed on where games are played based on Federal and State Tax Code. For individuals, it isn't as clear cut, athletes have a special provision in the federal and state tax codes as do musicians regarding income earned touring.

You’ll have to explain how I’m wrong there as I said the same thing you did, except in a very less winded way.

The other 3 were wrong, but was just elaborating on what you were saying in addition to addressing their misconceptions. Most people on here get this wrong and has been discussed many times.

Cost of Living is a huge factor that is not mentioned in this discussion.
Housing would cost at least 3 to 4 times in NYC as compared to Buffalo.
This higher cost of living does not carry over to every item but in general entertainment, food, insurance, clothes, utilities etc are about 10 to 30% (or more) more expensive in NYC v Buffalo.
One can never measure the quality of life, but in Buffalo a serious traffic jam will add 10 minutes to a 30 minute trip. In NYC a serious jam could add 30 to 60 minutes.
BTW, how do I know this, I lived in both locations and I now travel to NYC to visit friends and to vacation.
So that $400,000 difference in a $6,000,000 salary between Buffalo and Nashville, could disappear just in the cost of housing.

Now let me be political.
Trump's tax plan was very punitive to the states that send more money to the federal then they receive.
The SALT cap of $10,000 was very unfair and every one should be upset.
NY State taxes its residents higher because its residents send more taxes to the feds than the state receives in federal aid, now we (citizens of the generous states) cannot take the full deduction from our federal taxes.