Quote:
Originally Posted by Oil Stain
What does the exchange rate matter? 1 million US is 1 million US. I assume most of these guys are investing the majority of their income so they likely keep the currency in US dollar accounts anyway.
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LOL. It matters because they live 3/4 of the year in Canada and thus the majority of their living expenses are in CDN$. They buy a house in Canadian $, eat out or buy groceries in CDN$, buy a car in CDN$, etc.
So yeah living and playing hockey in Canada and making US$ does make a difference when the exchange rate is so favourable.