This was the part that had me scratching my head:
Quote:
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Taxes take about half (if you take no evasive tax action), agents take 25 percent, and the NHL snatches another 20 percent to put in escrow, which the owners balance out at the end of the season. Sometimes, they use the players’ cash to help small-market teams. Sometimes we’d get a refund. But for The New Avery Rule purposes, consider it gone. So really, that $13.2 million becomes $660,000
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He's basically saying you only get 5% after all taxes and expenses of your total salary. That cannot be true. I'm sure you can write off your 25%(!) agent fees and not pay tax on that, and the money in escrow should generally come back to you, or at least some of it.
I'm guessing the real take home is somewhere closer to 40%, so using the "average" salary and lifetime on an NHL play, you take home over $5M. Yeah, really got to start saving that per diem to make ends meet.
EDIT: Pretty much exactly what he said ^