01-19-2018, 12:08 PM
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#31
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Franchise Player
Join Date: Jan 2010
Location: Maple Bay, B.C.
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Zach Collaros and Saskatchewan have struck a new deal.
The Riders newest quarterback was scheduled to make $540,000 in 2018, $200,000 of which was due as an off-season bonus February 1. The Riders and 29-year-old pivot agreed to a restructured deal worth $430,000 in hard money including $225,000 up front. There are no playtime incentives in the contract.
A provision in the Canada-U.S. income tax treaty allows international players who maintain a permanent residence south of the border to be taxed just 15 per cent on any signing bonus – much less than their usual Canadian tax rate. That means after some astute accounting work, Collaros comes out with more money in his pocket.
http://www.3downnation.com/2018/01/1...ured-contract/
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