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CGM

CGM
Member Since
Dec 2, 2018
Birthday
Jul 23, 1979
Forum Posts
10
Posts per Day
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Forum Threads
1
Forum: NHL SigningsJun 26, 2019 at 6:34
Thread: Vegas Golden Knights signed William Karlsson (8 Years / $5,900,000 AAV)
<div class="quote"><div class="quote_t">Quoting: <b>MelonVK</b></div><div>Yeah but what I'm saying is if you're implementing a system to make it more fair, then you should recognize other factors and not go "yeah but the cap is there to solve *this* problem". And also no, 50 million over 5 years with 25 in the first year is more than 60 over 5 years with 15 in the first year. That extra early money get's ROI over the rest of the contract, which the money on the back end doesn't</div></div>

Ideally this is true, but there is risk involved with this as well. If there is no risk they are making a minimal return or would need to lock it in.

The question is do you want 50M with the potential to earn 60M or more, or would you prefer 60M guarenteed, and without tax on the gains you could've made on 50M.

It should just be even across the board so that there isn't a need for tax havens, front loading, etc.
Forum: NHL SigningsJun 25, 2019 at 11:23
Thread: Vegas Golden Knights signed William Karlsson (8 Years / $5,900,000 AAV)
<div class="quote"><div class="quote_t">Quoting: <b>MelonVK</b></div><div>Here's the thing though, teams like Toronto can frontload contracts. Take NYR and Florida as alternatives for signing Panarin: While Florida has the lower tax, NYR can easily cough up 30-35m during the first 12 months of that deal which Florida can't. Money today is worth more than money two-three-and-four years from now because of inflation and pure investment. The small teams experiencing high taxes and relatively less wealthy owners are the ones in real trouble. Toronto is probably as attractive a FA spot as Vegas, it's Ottawa and Winnipeg that are really struggling</div></div>

If you are going to have a salary cap, the raw numbers should come out equal after tax. Yes, other cities have other advatages which players take into consideration, but none so much as take home $ after tax. This is the only thing a salary cap is supposed to make fair.

And while i get the sentiment that teams like Ottawa and Winnipeg get hurt the most, a cap in general hurts large market teams more, if there wasn't one while the leafs have been willing to spend you don't think McDavid wouldn't be in the blue and white, and likely Stamkos, Tavares, etc.

So if they are giving this opportunity up for parity in the league at the very least it should be applied fairly.