Quote:
Originally Posted by rhino
The players are paid in USD not CDN. A $5 million player in Calgary takes home about $567,000 less due to taxes vs Florida. However The 2,342,000 take home American is $3,313,000 CDN so don’t tell me that doesn’t balance out
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It doesn't, because Canadian dollars buy less than American dollars. That's why the exchange rate isn't 1 to 1.
It's the same amount of money measured in different units. Why is this hard for anyone to understand?