Quote:
Originally Posted by Chingas
I don't think that is a crazy idea and the simple solution might be to apply post tax earnings to a salary cap.
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You got it right. Only a player's net income would count towards the cap, and we would represent and talk about salaries in this way.
Johnny Rocket signs a contract for net $2 million US per season. If he signed the contract in Florida maybe they pay him $3.5 million gross in order to get to $2 million net. If he signs in Calgary, then maybe they have to pay him $4 million gross.
Only that $2 million net salary would apply to any team's salary cap.
That takes care of changing tax rates, and doesn't affect players or team cap situations when players get traded. The difference would be absorbed by the team.
I'm not quite sure if the owners would be interested, and how it would affect their bottom line, but it would certainly level the playing field when it comes to taxes which are probably the biggest difference maker to players on the money side of things.
I feel like any difference in property values are something you will get back anyway when you sell your home, and things like living expenses/health care, etc are such a small percentage of the salary of someone making millions per year that they don't really matter.
A ten percent difference in taxes on millions is another matter.