WCSF: Vegas Golden Knights [PAC1] vs Edmonton Oilers [PAC2] Vegas wins 4-2

[taxbuster]

So...does nobody think that one of McDrai asks for a trade?

Even they can't be stupid enough to think they're "close". (Or are they? That stupid. Not close LOL.)

[Aarongavey]

Originally Posted by Erick Estrada

That Nurse contract looked bad the moment it was signed but it just keeps looking worse and worse. It seemed like Nurse was on the ice for nearly every goal against last night.

Only 7 more years left on the Nurse deal, they have him locked down at 9.25 million until 2030.

[FlamesAddiction]

Originally Posted by taxbuster

So...does nobody think that one of McDrai asks for a trade?

Even they can't be stupid enough to think they're "close". (Or are they?)

I wouldn't be shocked if Draisaitl did. You can tell he really hates the media and Edmonton probably has the worst media in the NHL. He'd probably be much happier somewhere where he could be "the guy" without all the questions.

[getbak]

Originally Posted by Erick Estrada

That Nurse contract looked bad the moment it was signed but it just keeps looking worse and worse. It seemed like Nurse was on the ice for nearly every goal against last night.

Literally on the ice.

[ResAlien]

Originally Posted by taxbuster

So...does nobody think that one of McDrai asks for a trade?

Even they can't be stupid enough to think they're "close". (Or are they? That stupid. Not close LOL.)

I think both realize their best chance to maximize their earnings, either with Edmonton or with someone else in FA, is continuing to play with each other. IMO better odds they try to play GM and ask for certain players to be shipped out or brought in

[DoubleK]

Originally Posted by taxbuster

So...does nobody think that one of McDrai asks for a trade?

Even they can't be stupid enough to think they're "close". (Or are they? That stupid. Not close LOL.)

Not until Matthews leaves for Tempe.

Once that happens it's on like Donkey Kong.

[GioforPM]

Originally Posted by ResAlien

I think both realize their best chance to maximize their earnings, either with Edmonton or with someone else in FA, is continuing to play with each other. IMO better odds they try to play GM and ask for certain players to be shipped out or brought in

McDavid will make max salary on his next contract wherever he goes. Draisaitle might as well. But he can't do that on the same team as McDavid because no team can afford two max cap hits.

[midniteowl]

Originally Posted by FlamesAddiction

One of the best parts about this is that Jesse Puljujarvi is still playing and now has a decent chance of being a Cup champion before either McDavid or Draisaitl. While he hasn't been a contributor to the Canes success, the thought of them seeing their whipping boy hoisting the Cup makes me feel pretty OK inside.

I don't care if Puljujarvi rides the pine to the SC, the fact that he going to be wearing a SC ring where the wonder twins golfing makes me extremely happy.

[Eric Vail]

Maybe they will buy out Nurse. That would make his cap hit a million or less for the next three seasons. After that it gets ugly, but they don't seem to care about what happens beyond the next three years anyway.

https://www.capfriendly.com/buyout-c.../darnell-nurse

[Sylvanfan]

Originally Posted by GioforPM

McDavid will make max salary on his next contract wherever he goes. Draisaitle might as well. But he can't do that on the same team as McDavid because no team can afford two max cap hits.

These guys will look to low tax areas for those deals too. Florida, Tampa, Nashville, Dallas all get a nice number of games in places with no local income tax.

[Hockey_Ninja]

Originally Posted by Engine09

To the Flames fan posters here who were predicting the Oilers going straight to the final and wining the cup, was it just mental preparation for the absolute worst outcome? Can you explain what was going on in your heads to express such disgusting thoughts?

Definitely preparing for the worst for me. I felt this year everything was playing in their favor. Thankfully it didn’t happen

[Lanny_McDonald]

Originally Posted by Sylvanfan

These guys will look to low tax areas for those deals too. Florida, Tampa, Nashville, Dallas all get a nice number of games in places with no local income tax.

Sigh. There's no STATE tax. You are still getting dinged on federal income/payroll taxes.

I've been told total tax burden is a more reasonable measure for high earners to consider. Tennessee (6.22%), Florida (6.33%), Missouri (7.11%), Michigan (7.4%), North Carolina (7.6%), Arizona (7.62%), Nevada (7.69%), Pennsylvania (7.95%), Virginia (8.23%), Washinton (8.24%), Massachusetts (8.48%), Ohio (8.65%), California (8.89%), Minnesota (9.41%), Maryland (9.44%), New Jersey (9.76%), and New York ($12.47%) are the NHL states of consequence. The top 1% are usually paying slightly below the state tax burden for where they live. The advantage isn't as big as some will claim it to be unless you think New York is the norm.

[Mr.Coffee]

Originally Posted by Lanny_McDonald

Sigh. There's no STATE tax. You are still getting dinged on federal income/payroll taxes.

I've been told total tax burden is a more reasonable measure for high earners to consider. Tennessee (6.22%), Florida (6.33%), Missouri (7.11%), Michigan (7.4%), North Carolina (7.6%), Arizona (7.62%), Nevada (7.69%), Pennsylvania (7.95%), Virginia (8.23%), Washinton (8.24%), Massachusetts (8.48%), Ohio (8.65%), California (8.89%), Minnesota (9.41%), Maryland (9.44%), New Jersey (9.76%), and New York ($12.47%) are the NHL states of consequence. The top 1% are usually paying slightly below the state tax burden for where they live. The advantage isn't as big as some will claim it to be unless you think New York is the norm.

So the difference between Nashville and New York is 6% which on a $40MM contract is still $2.4MM, still worth worrying about, depending on the circumstances (but that might be not what you’re saying, not sure).

[Mean Mr. Mustard]

Originally Posted by Lanny_McDonald

Sigh. There's no STATE tax. You are still getting dinged on federal income/payroll taxes.

I've been told total tax burden is a more reasonable measure for high earners to consider. Tennessee (6.22%), Florida (6.33%), Missouri (7.11%), Michigan (7.4%), North Carolina (7.6%), Arizona (7.62%), Nevada (7.69%), Pennsylvania (7.95%), Virginia (8.23%), Washinton (8.24%), Massachusetts (8.48%), Ohio (8.65%), California (8.89%), Minnesota (9.41%), Maryland (9.44%), New Jersey (9.76%), and New York ($12.47%) are the NHL states of consequence. The top 1% are usually paying slightly below the state tax burden for where they live. The advantage isn't as big as some will claim it to be unless you think New York is the norm.

I don't know enough about taxes to have much of an opinion about anything but it sure seems like those are awfully low tax rates relative to anything that would be paid in Canada. With the lower UFA ages it would shock me to see many players give up massive amounts of money, resulting in an overpayment that is crippling in a cap environment.

[Cali Panthers Fan]

Florida has pretty strong property taxes to make up for the lack of a state income tax. Unless these guys like to rent in perpetuity, they're going to get dinged either way.

It isn't a deciding factor for most people on where to play or live. Lifestyle, quality of workplace, ability to win, and especially total salary dollars play a much bigger role on where to sign (unless you are Gaudreau of course).

[GioforPM]

Originally Posted by Cali Panthers Fan

Florida has pretty strong property taxes to make up for the lack of a state income tax. Unless these guys like to rent in perpetuity, they're going to get dinged either way.

It isn't a deciding factor for most people on where to play or live. Lifestyle, quality of workplace, ability to win, and especially total salary dollars play a much bigger role on where to sign (unless you are Gaudreau of course).

I think hockey players do rent a lot. But moreover I dont think players think about taxes in very sophisticated ways, when you hear them talk. They look at what the cheque is (and property taxes aren't on there).

[Cali Panthers Fan]

Originally Posted by GioforPM

I think hockey players do rent a lot. But moreover I dont think players think about taxes in very sophisticated ways, when you hear them talk. They look at what the cheque is (and property taxes aren't on there).

A lot of players on short-term deals rent, but guys that sign massive long-term deals, like the ones we keep discussing, are buying a place.

I agree with your point about player's not vetting every dollar of what they spend on housing. They probably have a "guy/gal" for that and trust them.

[Sainters7]

Originally Posted by Inferno

Catching up with this thread after a glorious evening...I'm annoyed I ran out of thanks right before this LOL

[Julio]

Here's a nifty little calculator that shows you broadly (don't expect it to be right to the dollar) what players pay in tax when playing for each team. They have a few other interesting calculators, including one that shows that if you play a full year in the league, you get 26.5k a year in pension once you turn 62.



https://gavingroup.ca/nhl-tax-calculator/

[Flames Fan, Ph.D.]

If you rent you’re still paying property taxes. They’re just rolled into your rent by the owner.