Quote:
Originally Posted by Shazam
Somebody explain this, in Canada CPP/EI would be paid by both player and employer, and income tax is deducted from their pay. Is there something different in the USA?
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They're not talking about income taxes, only payroll taxes.
And based on how it's written it sounds like they'd be shifting those costs to the owners' share of revenue. That is to say, the money that funds those would no longer be considered part of the players' 50% share of Hockey-Related Revenue, effectively giving them a raise. It's probably peanuts for high earners and ultimately for the owners, but lower earning players would see a bigger bump relative to their pay.