Quote:
Originally Posted by Locke
Its possible, Cali does love them their taxes but it'll be a fight.
That being said, its interesting. Its creative.
Whats interesting to me though is...why? What is the Club's incentive here? They could have paid Vatrano the full amount. They have the cash and they have the 3rd lowest Cap hit in the League (just above us incidentally) so why do it?
Obviously I'm intrigued. It is astonishing the lengths people will go to save even a modest amount on their taxes. It is usually any individual's #1 expense, so it makes sense to minimize it, even if only to maintain their Disney+ subscription.
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They are paying $4.57M/yr regardless. The deferral makes sense for the player, so they give it to the player. It also helps the team, because if they didn't defer, Vatrano would probably want more money (because he is paying higher taxes). So the team gets a better contract.
And it affects other teams, in that it helps California teams with player-attraction. If the Canadian teams can't do it, it just extends the gap further.