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KUUUCH

KUUUCH
Member Since
Feb. 19, 2019
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Forum: Armchair-GMMar. 9, 2019 at 11:16 p.m.
Thread: Karlsson UFA
Forum: Armchair-GMMar. 7, 2019 at 11:24 p.m.
Forum: Armchair-GMMar. 6, 2019 at 7:23 p.m.
Forum: Armchair-GMMar. 6, 2019 at 6:37 p.m.
Forum: Armchair-GMMar. 6, 2019 at 6:22 p.m.
Forum: Armchair-GMMar. 6, 2019 at 5:36 p.m.
Forum: Armchair-GMMar. 6, 2019 at 4:53 p.m.
<div class="quote"><div class="quote_t">Quoting: <b>pharrow</b></div><div>I'm not making a comparison of what Points contract is worth. I think you misunderstand that. I don't think he's worth McDavid money etc... McDavid and Mathews got paid top 1 and 2 because of who they are not because of their tax bracket. That's my point. McDavid would have pulled that down anywhere he was. FL, TX, Canada it doesn't matter. Because the product is what it is. My point is that the player isn't going to take a pay cut simply due to what the tax rate is. Because they don't care when they are measuring their worth. An 8 million dollar player is an 8 million dollar player. Just like a 30k car is a 30k car. It doesn't really change much between state lines. Neither does a players expectations for the reasons I listed above. What ever Points contract is worth, is what he's going to be looking for. I don't see a player taking less because their is less taxes on it. No one knows what happens in 5 years. They could be paying those taxes and any financial adviser would be doing them a disservice to not be clear with them on that when signing a deal.</div></div>

Again... I understand your reasoning, but history &amp; myself disagree...

What's the difference between McDavid, Matthews, &amp; Point regarding "who they are". What does that even mean? That they were 1st overall picks? I disagree with your car analogy &amp; I don't believe that players are worth the exact same cap hit for every single NHL team. If McDavid was a UFA and Tampa tried signing him, that's a different story. But if we're pretending Tampa drafted him, I strongly believe he would've received a lower cap hit in Tampa. Same thing if we had drafted Matthews. 9 players in the NHL make 10m + cap hit. 0 of the 9 play for teams that don't have state tax (36%). 7 of the 9 play for teams with 46%+ tax rates, 5 of those 7 being 51%+. The 2 last are Kane &amp; Toews who signed after winning their 2nd Cup in 4 years.
Forum: Armchair-GMMar. 6, 2019 at 4:02 p.m.
Thread: Karlsson UFA
<div class="quote"><div class="quote_t">Quoting: <b>tesau315</b></div><div>That article has does a piss-poor job of explaining the situation. Like you posted above, the math is grievously wrong and it just shows how little they actually researched Matthews situation. They do admit that they just took a "quick glance", but if you are writing an article, you should at least do your due diligence and research the topic before hand.

Now back to the signing bonus discussion, the US-Canada tax treaty is only for personal income earned in either country, not for business income. So if Matthews took his respective signing bonus as personal income, then yes, he would pay the 15% in Canada and his respective taxes in the US.</div></div>

So if he tied his income to a business, is it saying he would only pay 15% in CA and be completely exempt from all other taxes? It sounds like there's 3 tax categories: Federal, State, &amp; Jock. Are all 3 effected in the treaty?

<a href="https://afptax.com/blog/nhl-draft-2018/" rel="nofollow noreferrer noopener" target="_blank">https://afptax.com/blog/nhl-draft-2018/</a>

"At the other end of the tax spectrum are the two selections that will play in Canada. Jesperi Kotkaniemi, selected by Montreal with the third overall pick is the least lucky of the five picks as he pays not only Canadian and provincial tax, but will also be subjected to US state and city tax as well. Brady Tkachuk selected with the fourth overall selection by Ottawa will net $191,739.15 or 12.61% less over his three-year entry level contract than the selection right after him Barrett Hayton who was drafted by Arizona."

<a href="https://www.bna.com/nhl-players-salaries-n73014470580/" rel="nofollow noreferrer noopener" target="_blank">https://www.bna.com/nhl-players-salaries-n73014470580/</a>
<a href="https://oilersnation.com/2018/07/10/comparing-nhl-player-contracts-based-on-city/" rel="nofollow noreferrer noopener" target="_blank">https://oilersnation.com/2018/07/10/comparing-nhl-player-contracts-based-on-city/</a>
<a>chrome-extension://cbnaodkpfinfiipjblikofhlhlcickei/src/pdfviewer/web/viewer.html?file=https://www.taxpayer.com/media/CTF-HomeIceDisadvantage.pdf</a>
<a href="https://thehockeywriters.com/inevitable-for-vegas-salary-cap-and-taxes/" rel="nofollow noreferrer noopener" target="_blank">https://thehockeywriters.com/inevitable-for-vegas-salary-cap-and-taxes/</a>
<a href="https://hockey-graphs.com/2019/01/08/how-much-do-nhl-players-really-make-part-2-taxes/" rel="nofollow noreferrer noopener" target="_blank">https://hockey-graphs.com/2019/01/08/how-much-do-nhl-players-really-make-part-2-taxes/</a>
Forum: Armchair-GMMar. 6, 2019 at 5:28 a.m.