[Signing] Vegas extends Noah Hanifin (8 years, $7.35m AAV)

[ComixZone]

Seems like a reasonable contract for Vegas.

The trade looks good for both teams in my eyes.

[TrentCrimmIndependent]

Now that he's cashed I expect him to take the same kind of trajectory as Brodie after moving from Calgary to Toronto.

Whelming, then eventually underwhelming, but still has to play regular minutes because of the contract.

Hopefully he's better in the playoffs for Vegas than he was for Calgary.

Get us that 2nd and eliminate the oilers.

[gvitaly]

It's a good deal for Hanifin, but VGK will need to make some moves in the off-season. It will be interesting to see if Hanifin takes another step or comes back down to earth next year. He left a lot to be desired here during the playoffs, so I hope he keeps it up for the Knights.

Does that leave VGK with about $1.5M of capspace for next year? It seems that Marchassault, Stephenson, and Martinez(unless he takes league min) are all on the way out.

[TheScorpion]

Originally Posted by The Cobra

If you are going to sign someone for 8 years, a 27 year old is the way to do it.

BTW, he's 6 months older than Miromanov.

Sure. I still never really saw anything from Noah Hanifin during his tenure, save for a brief two-month stretch in his final year, that would justify paying him $7.35m until he's, what, 35? Would've been totally wrong for the Flames.

[Hockey_Ninja]

Originally Posted by Toonage

Pretty much what he was going to get in Calgary. A little less I suppose.

The rumors were that Conroy offered 7.5 x 8 iirc

[Fighting Banana Slug]

Fair deal, but one the Flames couldn't really make. Likely would have been more expensive and not really fit any kind of competitive window.

[Bingo]

Originally Posted by TheScorpion

Sure. I still never really saw anything from Noah Hanifin during his tenure, save for a brief two-month stretch in his final year, that would justify paying him $7.35m until he's, what, 35? Would've been totally wrong for the Flames.

For the window I can see that.

But otherwise that's exactly where he should be.

26th ranked dman in salary is at $7M cap hit, ... Hanifin is 21-22nd in key 5 on 5 metrics, and plays both special teams.

This isn't an over pay at all.

[blankall]

Originally Posted by Toonage

Pretty much what he was going to get in Calgary. A little less I suppose.

Factoring in taxes, it's a big win for Hanifin:

Vegas: $7,350,000 = $4,675,293 after tax
Alberta: $7,500,000 = $3,934,350 after tax

The contract is front loaded at $9.5 for the first year so after tax that's:

Vegas: $6,029,793
Alberta: $4,974,350

You obviously have other things to consider like agent's fees, escrow, cost of living and sales tax. Any way you cut it, the Vegas deal leaves a lot more cash in his pocket.

[dustygoon]

Worth every penny and maybe more.

I thought he only wanted to be in Tampa?

[blankall]

Originally Posted by TheScorpion

Sure. I still never really saw anything from Noah Hanifin during his tenure, save for a brief two-month stretch in his final year, that would justify paying him $7.35m until he's, what, 35? Would've been totally wrong for the Flames.

$7.35 seems like the going rate for a dependable top 4 guy now. He's been in the league a while but is only just 27.

That being said, I don't see Hanifin as irreplaceable. In fact, he just is kind of a basic top 4 guy. The trade was definitely the right move.

[DylanScores]

Originally Posted by gvitaly

It's a good deal for Hanifin, but VGK will need to make some moves in the off-season. It will be interesting to see if Hanifin takes another step or comes back down to earth next year. He left a lot to be desired here during the playoffs, so I hope he keeps it up for the Knights.

Does that leave VGK with about $1.5M of capspace for next year? It seems that Marchassault, Stephenson, and Martinez(unless he takes league min) are all on the way out.

Yeah, but they will put him on LTIR then would be ok before the playoffs for 8 yrs in a row.

[HitterD]

Originally Posted by blankall

Factoring in taxes, it's a big win for Hanifin:

Vegas: $7,350,000 = $4,675,293 after tax
Alberta: $7,500,000 = $3,934,350 after tax

The contract is front loaded at $9.5 for the first year so after tax that's:

Vegas: $6,029,793
Alberta: $4,974,350

You obviously have other things to consider like agent's fees, escrow, cost of living and sales tax. Any way you cut it, the Vegas deal leaves a lot more cash in his pocket.

How are you calculating this? Did you go through the exercise of calculating all of the taxes for each state and province the road games are played on as well?

The tax difference only affects the home games. I’d be surprise if the difference was as significant as you mention here but maybe I’m wrong

[GFG#1]

Originally Posted by HitterD

How are you calculating this? Did you go through the exercise of calculating all of the taxes for each state and province the road games are played on as well?

The tax difference only affects the home games. I’d be surprise if the difference was as significant as you mention here but maybe I’m wrong

Cap friendly has a tax calculator, it is under the Calculators drop down at the top.

You can sort it by net income so it shows you most take home to lowest etc. Many other filters.

Also pretty sure it doesn't matter if they are on the road or at home, you pay the home state/province taxes. No different if you take a work trip to Toronto, you don't suddenly pay Toronto's provincial taxes for those 3 days.

[Scroopy Noopers]

Haha suck it Tampa.

[bluejays]

It’s right where he probably should be paid per year but eight years? Not sure I like that for Vegas. These guys come and go. To commit to eight years, I’m glad the Flames walked away.

[Groot]

Originally Posted by HitterD

How are you calculating this? Did you go through the exercise of calculating all of the taxes for each state and province the road games are played on as well?

The tax difference only affects the home games. I’d be surprise if the difference was as significant as you mention here but maybe I’m wrong

This, and if he's dumb enough to have such poor financial advice/tax planning that he just collects his paycheques, calculates and pays tax at the respective rates owed and calls it a day, he deserves to take the tax hit.

[Groot]

https://twitter.com/user/status/1307480088800182272

[Jay Random]

Originally Posted by GFG#1

Also pretty sure it doesn't matter if they are on the road or at home, you pay the home state/province taxes.

That's flat wrong. Many jurisdictions charge a special income tax on visiting athletes and entertainers. It's a huge hassle, especially for those who aren't making millions (the great majority of people affected), and all it really does is move money around in circles as every jurisdiction tries to rob everyone else.

[Strange Brew]

I believe NHL teams sign way too many long term deals but you can see the logic in this one though.

[EVERLAST]

Let's NOT forget Noah didn't really want to be here anymore anyway and he was the one that made it weird in the end and not the other way around..

He did well here and didn't Zadorov in the end but still got what he wanted in the end ....he got paid .

I can't.help but dislike the way guys sometimes exit from here making it sound seem like we were the issue, we were preventing him from ?

Bigger picture ....I want to see someone make a big jump and earning opportunity to play here like Phaneuf when he forced his way onto the team....just don't end up with Dions attitude ....do you know who I am?

Guys we have like Pourier, and others who are putting in the work to make the jump because openings exist and competing has to be the new way to play here and stay here.

I like what Conroy did to some degree with waiver pickups to see if guys will play to their potential if you show them belief and faith....even more getting Hunter locked up showing him and proving to us fans he's not F ing around anymore .

This message will show others Calgary will make good if you show the scouts what you got and interview well showing not just skill and leadership on the ice , in the gym and community your worth the $$

Excited for thr future and I don't honestly believe Noah was a team guy anyway....I'm here to help this team win BS grates on my nerves.

Guys that wanna win here take haircuts for the betterment of the team so we can get more for out $$ not just paying 3 dudes a ton like thr f tards up north who'll never win a gawd damn thing