View Single Post
Old 06-25-2018, 03:19 PM   #112
Flames Draft Watcher
In the Sin Bin
 
Join Date: Oct 2001
Exp:
Default

Quote:
Originally Posted by Oil Stain View Post
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.
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.
Flames Draft Watcher is offline   Reply With Quote
The Following User Says Thank You to Flames Draft Watcher For This Useful Post: