Quote:
Originally Posted by Calgary4LIfe
McKenna is playing at Penn State. McKenna is rumoured to be getting paid in the low 7 figures at Penn State. Pennsylvania uses a flat 3.07% tax rate. He is making more and pocketing more money as compared to his ELC, and it isn't close.
As the salary cap rises, so will the average contracts. Once he goes to the NHL, and his ELC expires after 3 seasons, he can sign an 8 year deal. With a higher cap hit, it will certainly bridge the gap of a year's worth of losses that it would incur. Plus, being further physically developed may give him an advantage at achieving some of the bonuses on his ELC, like being a Calder Winner.
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He would have to wait an additional year for UFA status which is where the money would be lost.