Quote:
Originally Posted by Senator Clay Davis
Exchange rate is meaningless to the contract value, players are paid in USD even in Canada. So $12 million a year is like $16.5 million CAD, but everything is more expensive up here so that extra bit doesn't mean much. Taxes do matter though in sports, Texas and Florida have huge advantages over places like California and New York from that perspective, and all of Canada of course.
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It's mot meaningless at all. If you get paid in USD and live in Canada, the exchange rate is a huge factor.
And no, it does not cost 30% more to live in Canadian cities than it does to live in US cities. So yes, the exchange does mean much.