[Rumour] Lightning have contract extension in place for Hanifin if trade can be completed

[CF84]

Originally Posted by InternationalVillager

???

Gaudreau turned down max $ and max term and left for Columbus.

Tkachuk did end up getting max $ (consider FLA taxes) and term - 8 years.

I don't think he left for Columbus. He got stuck with Columbus. I'm sure he would have been more inclined to sign with the Flames if he knew that Philly was not interested.

[InternationalVillager]

Originally Posted by Hoop27

At least Tkachuk was up front about what he wanted and allowed the team to get value for him.

I'm just trying to make the point that I don't think upping the offer $ wise moves the needle with Hanifin. He wants to leave. Not sure how much clarity and how much notice he has given to the club about that. We might come out to find that he had told the team since last summer that he wants to be traded. No one will really know until hindsight.

[InternationalVillager]

Originally Posted by CF84

I don't think he left for Columbus. He got stuck with Columbus. I'm sure he would have been more inclined to sign with the Flames if he knew that Philly was not interested.

He could have come back to the Flames and signed a 7 x $10.5M deal to stay.

He didn't.

So clearly, it was not a $ decision.

[Yobbo]

Originally Posted by dino7c

read from whom? some rando?

if that is the case don't believe it

https://twitter.com/davedubbin85/sta...7A8eEr7BA&s=19

[Hoop27]

Originally Posted by InternationalVillager

I'm just trying to make the point that I don't think upping the offer $ wise moves the needle with Hanifin. He wants to leave. Not sure how much clarity and how much notice he has given to the club about that. We might come out to find that he had told the team since last summer that he wants to be traded. No one will really know until hindsight.

Not directed at anyone specifically. Just appreciative of the fact he really didn't F over the club.

[Flamesfan05]

Originally Posted by CF84

I don't think he left for Columbus. He got stuck with Columbus. I'm sure he would have been more inclined to sign with the Flames if he knew that Philly was not interested.

He chose Columbus

He may have messed up some negotiations but at the end of day, he chose to go there. He was not forced to go to Columbus.

[dino7c]

Originally Posted by InternationalVillager

Except that $9.5M in FLA is worth about $10.8M in CGY. I don't think he was going to be offered more than that.

the calculation isn't that simple, only half his games are in Florida

[MrMike]

Originally Posted by Flamesfan05

He chose Columbus

He may have messed up some negotiations but at the end of day, he chose to go there. He was not forced to go to Columbus.

Just like how Lindholm wont be "forced" to go there, except no one else will take him.

[Groot]

Originally Posted by internationalvillager

except that $9.5m in fla is worth about $10.8m in cgy. I don't think he was going to be offered more than that.

https://twitter.com/user/status/1307480088800182272

[Dion]

Originally Posted by haiku

deadline approaches
many rumours to sort though
insiders brand new

[InternationalVillager]

Originally Posted by Groot

https://twitter.com/user/status/1307480088800182272

Allan Walsh is correct as a general premise.

That’s if you go to the lengths to setup a tax scheme using advisors and accountants and the CRA doesn’t fight to contest it (and they do).

It’s much simpler solution to just go sign a contract in those red states that are mentioned and call it a day. You know that the rules won’t change or the tax authority won’t contest you and/or you don’t need a complex tax scheme to pull off the desired impact.

There are a lot more options that are also available to financially plan your future in those states as well.


EDIT:

The major downside to this being the question- why would an athlete want to defer their income to later on in life when they could benefit from that income at this very moment today if they were in a different state/tax jurisdiction.

So in summary, Allan Walsh isn’t telling the whole story.

[Buff]

Originally Posted by Niemo

Hearing this morning from David Pagnotta that the Red Wings are very interested in Hanifin if he extends.

This is annoying.....the Red Wings have assets up the ying yang and are the perfect trading partner..... If they don't get Hanifin, I hope Conroy dangles Rasmus to them for their top assets. I'm tired of all the lip service these guys are giving Calgary only to demand out in the last year of their contract and give us a list of 3-5 teams.

Beat the boat, Connie!

Andersson is staying in Calgary. Unless his relationship with the team sours, he'll be here all of next year too. Maybe if he wants to test free agency then he'll be dealt sometime during the 2025/26 season. Hard to predict what he'll want that far ahead.

[GFG#1]

Originally Posted by InternationalVillager

He could have come back to the Flames and signed a 7 x $10.5M deal to stay.

He didn't.

So clearly, it was not a $ decision.

My understanding is that Edwards wasn't going to let him have that option. after he walked away from the offer he had asked the Flames for.

[Enoch Root]

Oh good! Another round of the Gaudreau and Tkachuk contract debates!

[jaikorven]

Originally Posted by InternationalVillager

Allan Walsh is correct as a general premise.

That’s if you go to the lengths to setup a tax scheme using advisors and accountants and the CRA doesn’t fight to contest it (and they do).

It’s much simpler solution to just go sign a contract in those red states that are mentioned and call it a day. You know that the rules won’t change or the tax authority won’t contest you and/or you don’t need a complex tax scheme to pull off the desired impact.

There are a lot more options that are also available to financially plan your future in those states as well.


EDIT:

The major downside to this being the question- why would an athlete want to defer SOME OF their income to later on in life when they could benefit from that income at this very moment today if they were in a different state/tax jurisdiction.

So in summary, Allan Walsh isn’t telling the whole story.

I think it's important to have this in there because it isn't their full income, so let's all tell the whole story.

The point being made is that it is by no means as big an issue as it is made out to be.

[D as in David]

Originally Posted by Enoch Root

Yes, but a player has a finite shelf life, regardless of when the clock starts.

A dollar is worth more today than a year from now because that dollar can grow over that time.

But a player has X number of years. Period. Whether that starts this year, or 3 years from now, the value is the same.

Not sure I follow your argument. A pick is an asset. An asset that you will hopefully monetize. Net present value tells us the sooner you monetize an asset - all things being equal - the more value it has to you.

[Tbull8]

Originally Posted by D as in David

Not sure I follow your argument. A pick is an asset. An asset that you will hopefully monetize. Net present value tells us the sooner you monetize an asset - all things being equal - the more value it has to you.

Tell that to the guy who sold all his bitcoin for a pizza

[Hot_Flatus]

Originally Posted by dino7c

the calculation isn't that simple, only half his games are in Florida

Being paid in USD and living in Canada should also enter the chat when the exchange rate is 1.35:1. There's more to consider than just the tax rate.

[rhino]

Originally Posted by Hot_Flatus

Being paid in USD and living in Canada should also enter the chat when the exchange rate is 1.35:1. There's more to consider than just the tax rate.

I’ve said this for years. If you are a Canadian player, playing in Canada and being paid in USD…. The tax differences almost become a non issue

[midniteowl]

Originally Posted by GFG#1

My understanding is that Edwards wasn't going to let him have that option. after he walked away from the offer he had asked the Flames for.

And TBQH, I don't blame Edwards for it.