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Old 07-18-2017, 05:36 PM   #31
Vulcan
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Join Date: Dec 2003
Location: Sunshine Coast
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Quote:
Originally Posted by Locke View Post
Dont forget a few little things.

Theres a reason why players love playing in the NHL, its the best league in the world, but theres a cost to that.

In Russia the players arent taxed, he likely doesnt have or need a Russian agent, so Ilya will walk away with likely every ruble of that contract.

In North America you take 10% off the top to the agent and likely somewhere in the neighbourhood of 30%-40% in taxes, then theres escrow, etc, so for him to walk away with the same number of rubles in his pocket you'd have to roughly double that number.

Tells me that he was probably looking for a deal in the $7M-$8M range and I for one am glad he did not find that here.
According to this they are taxed.

Quote:
In contrast, after Russia’s 2001 Tax Reform, the Federal Income Tax Rate for 2009 is 13% for an individual that is a Russian resident. 13% across the board, flat tax rate, no matter how much you make. Non-resident Russians are taxed at a Federal Income Tax Rate of 30%, still lower than the top American tax burden.

The difference between the two tax rates is astonishing when applied to hockey players’ salaries. Jaromir Jagr is reportedly making US$10 million annually in the KHL. After taxes, he will be charged US$1.3 million dollars annually in tax. If playing in the NHL under the same salary, Jagr would be charged at least an additional US$1.7 million in tax, plus additional income taxes from his state and/or city. Where would you play? Could you deal with a slightly less luxurious locker room or hotel room over the course of a season for at least an additional US$1.7 million dollars? The reality is that many NHL players, all of whom have limited careers, would take the tradeoff to make the jump to the KHL.
http://www.hockeyfights.com/forums/f...layers-126281/

also

Quote:
Players pay their agents between three and six per cent depending on the amount of services provided by the agent. The agent’s fee is calculated after escrow is paid. If a player pays his agent four per cent of $850,000 (after escrow) it would be $34,000.
http://www.thehockeynews.com/news/ar...much-you-think
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