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Old 05-06-2015, 02:31 PM   #17
calf
broke the first rule
 
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Quote:
Originally Posted by ricardodw View Post
Would they set up foundations?

The Sedin's made a 1.5M donation to BC Children's hospital.

Would there be a way for them to leverage their donation?
Not sure - maybe in some way. Is the goal for a player to minimize taxes or keep more of their own money? Setting up a foundation or making a donation means you give away more money than you'd save in taxes by making said donation. Either way, players definitely have advisers and would structure their contracts in such a way to be as tax efficient as possible.

Or is the goal to give back to the community that's given you so much - because that's a thing NHL players do as well, without it being financially motivated.
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