[Signing] Stamkos stays in Tampa (8yrs, $8.5 mil AAV)

[Jacks]

Originally Posted by Finger Cookin

News Update

Elliotte Friedman
‏@FriedgeHNIC
Stamkos contract is bonus-laden. $1M in salary per season, rest in bonuses

So all but $8M of the contract is guaranteed, even in the event of a work stoppage or buyout. Wow.

Aren't signing bonuses also exempt from escrow?
If so that would be the bigger benefit.

[calumniate]

Anyone thinking lucic to Toronto now?

[savemedrzaius]

Originally Posted by calumniate

Anyone thinking lucic to Toronto now?

Please god no.

[Jay Random]

Originally Posted by Enoch Root

And no, it does not cost 30% more to live in Canadian cities than it does to live in US cities. So yes, the exchange does mean much.

Actually, it's pretty close. The Canadian dollar is trading just a few percent below PPP vis-a-vis the USD.

But this is largely irrelevant. When you're making $8.5 million a year, the cost of living is insignificant compared to your opportunities for saving and investing. A 10 percent difference in tax rates is more than enough to erase any difference in everyday expenses.

And when it comes to investments, it doesn't matter a damn how many Canadian dollars your U.S. dollars can buy. The two currencies are freely convertible, and you have access to the same investments no matter which side of the border you're on, or which currency you receive.

[Finger Cookin]

Originally Posted by Jacks

Aren't signing bonuses also exempt from escrow?
If so that would be the bigger benefit.

No, they're not exempt from escrow.

[Resolute 14]

Originally Posted by Jacks

Aren't signing bonuses also exempt from escrow?
If so that would be the bigger benefit.

Nope. If they were, the lower end players who would have to eat even higher escrow payments because top end players paid nothing would riot.

[jeffporfirio]

Yey. Great news.