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Post by Skilly on Feb 9, 2016 16:48:48 GMT -5
Right now we are 4 points out of the playoffs with 28 games remaining. But the Islanders have three games in hand, therefore we really should be looking at Detroit, who are 6 points ahead with only one game in hand.
If we were going to tank, then we should not have banked 4 points this weekend. Now we are in limbo. It would be nice for the GM to do something, either buy or sell to give the team some direction. Cause it has looked like they are waiting for something to happen for weeks now.
If we are looking to next year, cause this team ain't that bad ...then the obviously answer is sell and get the top 3 pick and use free agency for the one-two missing pieces and you have your quick turnaround. If we go into next year with the same team and a healthy Price, many are going to be surprised at the results.
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Post by CentreHice on Feb 9, 2016 16:58:17 GMT -5
Sure…other than a healthy Price....we're only a couple of pieces away….
But those 2 pieces are world-class Top 6 forwards a la Toews and Kane….
We're not going ANYWHERE as long as players like Pleks, DD, and Weise are in our Top 6.
We have failed to use Chucky correctly, IMO….and that will likely also have repercussions going forward.
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Post by blny on Feb 9, 2016 17:08:51 GMT -5
Panic moves would be trading Galchenyuk for Drouin. I don't see trading Plekanec, Markov, Eller, and Desharnais as panic moves. It's strategy. Cut bait and move.
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Post by Boston_Habs on Feb 9, 2016 17:30:58 GMT -5
Panic moves would be trading Galchenyuk for Drouin. I don't see trading Plekanec, Markov, Eller, and Desharnais as panic moves. It's strategy. Cut bait and move. I still like Markov if used properly and he's still probably worth more to us than he would fetch in a trade. And I think Eller is decent value given his ability and contract - 2 more years at $3.5 million for a solid 3rd line center with versatility. I would hate to deal Eller and be stuck with Plekanec and DD as the top 2 centers. Disaster. The contracts that really jump out are Plekanec and Emelin. Too much money and term for too little value. Of course everyone else knows that too, but If Berg can get out from under just one of those guys it would be great. We would need more cap space to go after Stamkos (which I know is a pipe dream, but this is where Berg's head should be).
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Post by franko on Feb 9, 2016 17:35:03 GMT -5
If we were going to tank, then we should not have banked 4 points this weekend. Now we are in limbo. can't blame MT for the fact that his goaltender actually made some saves when he had to.
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Post by blny on Feb 9, 2016 17:54:02 GMT -5
Panic moves would be trading Galchenyuk for Drouin. I don't see trading Plekanec, Markov, Eller, and Desharnais as panic moves. It's strategy. Cut bait and move. I still like Markov if used properly and he's still probably worth more to us than he would fetch in a trade. And I think Eller is decent value given his ability and contract - 2 more years at $3.5 million for a solid 3rd line center with versatility. I would hate to deal Eller and be stuck with Plekanec and DD as the top 2 centers. Disaster. The contracts that really jump out are Plekanec and Emelin. Too much money and term for too little value. Of course everyone else knows that too, but If Berg can get out from under just one of those guys it would be great. We would need more cap space to go after Stamkos (which I know is a pipe dream, but this is where Berg's head should be). I want all the money, or as much as possible, spent elsewhere. Markov can't play the minutes we require of him. There's no one in the system ready to jump in on the left side and truly play all his key minutes and contribute to the level he has. Sacrificing Eller isn't about keeping DD and Plekanec. It's about removing all the pieces necessary to mimic the Chicago model. Too much money for not enough production, or the station he's best suited for. Clear enough space to offer Stamkos the term and cap hit anyone else can. Offer him a signing bonus that isn't part of the cap that he can't say no to. Your first and second line centers are him and Alex. If you tank to the point you get the #1, bring in Mathews. If Galch doesn't fit, there will be takers willing to pay (read a deal similar to Johansen for Jones). Then your bottom six is interchangeable. We rely too much on them, and have too much invested in some of them. Emelin is a concern. I don't think you find a taker this year. Maybe towards the deadline next year when he'll only have a year left.
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Post by CentreHice on Feb 9, 2016 18:09:04 GMT -5
Panic moves would be trading Galchenyuk for Drouin. I don't see trading Plekanec, Markov, Eller, and Desharnais as panic moves. It's strategy. Cut bait and move. Agree. I was responding to those who say we're only a couple of pieces away. It may be true, but those pieces are game-changers/breakers in the Top 6. I'm all for doing what the Leafs are doing. Past bad business be gone! Onwards and upwards….non-attachment… Lamoriello said today re: the Phaneuf deal, that hockey is the business of winning….and that they did what was necessary for the vision they have for the Toronto Maple Leafs.
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Post by PTH on Feb 9, 2016 18:22:16 GMT -5
....Clear enough space to offer Stamkos the term and cap hit anyone else can. Offer him a signing bonus that isn't part of the cap that he can't say no to. ... I'm pretty sure you can't do that. The cap includes everything, including bonuses. Maybe by having more cash up front it becomes more attractive to him, but you can't work around the cap, other than have a (slightly) decreasing salary year over year, and even then the last years of the big contracts are huge anchors...
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Post by blny on Feb 9, 2016 18:33:04 GMT -5
....Clear enough space to offer Stamkos the term and cap hit anyone else can. Offer him a signing bonus that isn't part of the cap that he can't say no to. ... I'm pretty sure you can't do that. The cap includes everything, including bonuses. Maybe by having more cash up front it becomes more attractive to him, but you can't work around the cap, other than have a (slightly) decreasing salary year over year, and even then the last years of the big contracts are huge anchors... Take a look at Kopitar's deal. 8 years and $80 million. The contract pays out at 14, 13, 12, 11, 8, 8, 7, and 7. Those 8 years equal the $80 million. He also gets two $9 million signing bonuses on July 1 of this year and next. That's a grand total of $98 million over 8 years. www.capfriendly.com/players/anze_kopitarOn the open market, no team can offer more than 7 years. I'll have to look to see if there are limits on bonuses, but if I'm Molson, I break out the check book. 7 years, $70 million and $30 million in bonuses over the term of the contract. That's $100 million total, and 'only' $70 million on the cap. If the player accepts an even distribution of the bonus, it's $4.285 million each July 1. A few deep playoff runs will cover that off in spades. Hell, afaic the bonus can be a blank check that Steven fills in the amount for.
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Post by blny on Feb 9, 2016 18:35:42 GMT -5
Panic moves would be trading Galchenyuk for Drouin. I don't see trading Plekanec, Markov, Eller, and Desharnais as panic moves. It's strategy. Cut bait and move. Agree. I was responding to those who say we're only a couple of pieces away. It may be true, but those pieces are game-changers/breakers in the Top 6. I'm all for doing what the Leafs are doing. Past bad business be gone! Onwards and upwards….non-attachment… Lamoriello said today re: the Phaneuf deal, that hockey is the business of winning….and that they did what was necessary for the vision they have for the Toronto Maple Leafs. Getting rid of Clarkson required taking back the contract of a player that will never play again (Horton). At some point the league will seal that loop hole. Until then, I'd be more than willing to play the game the others are playing.
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Post by Willie Dog on Feb 9, 2016 19:36:13 GMT -5
As long as MT is coach and MB takes his opinion into consideration DD, Pleky, Emelin,Markov and Weise are not going anywhere
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Post by Skilly on Feb 9, 2016 20:14:51 GMT -5
I'm pretty sure you can't do that. The cap includes everything, including bonuses. Maybe by having more cash up front it becomes more attractive to him, but you can't work around the cap, other than have a (slightly) decreasing salary year over year, and even then the last years of the big contracts are huge anchors... Take a look at Kopitar's deal. 8 years and $80 million. The contract pays out at 14, 13, 12, 11, 8, 8, 7, and 7. Those 8 years equal the $80 million. He also gets two $9 million signing bonuses on July 1 of this year and next. That's a grand total of $98 million over 8 years. www.capfriendly.com/players/anze_kopitarOn the open market, no team can offer more than 7 years. I'll have to look to see if there are limits on bonuses, but if I'm Molson, I break out the check book. 7 years, $70 million and $30 million in bonuses over the term of the contract. That's $100 million total, and 'only' $70 million on the cap. If the player accepts an even distribution of the bonus, it's $4.285 million each July 1. A few deep playoff runs will cover that off in spades. Hell, afaic the bonus can be a blank check that Steven fills in the amount for. The $14 million and the $13 million include the signing bonuses. (Click on the question mark) The only thing signing bonuses do, is protect the player from a buyout. The buyout is based on their salary and their signing bonus is sheltered from the buyout. All bonuses count toward the cap. The Ryan O'Reilly contract is the prime example. He is only getting a base salary of 1 million. Almost everything else is signing bonuses spread out over the length of the contract, but his cap hit isn't 1 million, it includes the signing bonuses. But if he was to be bought out, it would only be based on his one million salary.
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Post by Skilly on Feb 9, 2016 20:19:39 GMT -5
Panic moves would be trading Galchenyuk for Drouin. I don't see trading Plekanec, Markov, Eller, and Desharnais as panic moves. It's strategy. Cut bait and move. Agree. I was responding to those who say we're only a couple of pieces away. It may be true, but those pieces are game-changers/breakers in the Top 6. I'm all for doing what the Leafs are doing. Past bad business be gone! Onwards and upwards….non-attachment… Lamoriello said today re: the Phaneuf deal, that hockey is the business of winning….and that they did what was necessary for the vision they have for the Toronto Maple Leafs. If we can get a high pick capable of playing right away, and then acquire Ladd (I also think we could land another ... I've mentioned Okposo before, but it doesn't have to be him). Instant legit top-six. Many are clamouring for Stamkos. I don't see it happening. It's akin to waiting for Crosby because he was a Canadiens fan ...it's not happening. But we can take the "Stamkos" money, and get two top six players instead of one.
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Post by CentreHice on Feb 9, 2016 20:22:26 GMT -5
Good point, Skilly.
How many burners are on a GM's stove? As many as it takes...
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Post by jkr on Feb 10, 2016 6:58:10 GMT -5
Panic moves would be trading Galchenyuk for Drouin. I don't see trading Plekanec, Markov, Eller, and Desharnais as panic moves. It's strategy. Cut bait and move. Agree. I was responding to those who say we're only a couple of pieces away. It may be true, but those pieces are game-changers/breakers in the Top 6. I'm all for doing what the Leafs are doing. Past bad business be gone! Onwards and upwards….non-attachment… Lamoriello said today re: the Phaneuf deal, that hockey is the business of winning….and that they did what was necessary for the vision they have for the Toronto Maple Leafs. What's LL's vision for those UFAs on the Leaf roster? Same as the vision he had in New Jersey? Let them walk for nothing? Trading these guys at the deadline for picks etc is a big departure for him.
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Post by CentreHice on Feb 10, 2016 7:22:09 GMT -5
I think it's more of a group effort in Toronto now. Shanahan, Babcock, and Lou all have to be on the same trajectory….
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Post by seventeen on Feb 10, 2016 12:36:49 GMT -5
And they are. There's a very good chance that they'll get to pick Matthews or one of the Finns. Instant legit scorer on their team and they're ahead of us in that category immediately. Add Marner and Nylander and within 2 years they may have 3 forwards better than anyone we have. (Maybe...of course, they might not, but they do have Babcock, who's pretty good at bringing along youngsters). If we keep Therrien, I'd say that within 2 years or 3 at most, the Leafs will be in a better position to win the Cup than us.
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Post by blny on Feb 10, 2016 12:54:35 GMT -5
Agree. I was responding to those who say we're only a couple of pieces away. It may be true, but those pieces are game-changers/breakers in the Top 6. I'm all for doing what the Leafs are doing. Past bad business be gone! Onwards and upwards….non-attachment… Lamoriello said today re: the Phaneuf deal, that hockey is the business of winning….and that they did what was necessary for the vision they have for the Toronto Maple Leafs. If we can get a high pick capable of playing right away, and then acquire Ladd (I also think we could land another ... I've mentioned Okposo before, but it doesn't have to be him). Instant legit top-six. Many are clamouring for Stamkos. I don't see it happening. It's akin to waiting for Crosby because he was a Canadiens fan ...it's not happening. But we can take the "Stamkos" money, and get two top six players instead of one. My motivation about a guy like Stamkos is that you're making a bigger statement to the league. It says a lot. Ladd is reported to have turned down a 6x6 deal from the Jets - that was when they were negotiating with him and Buff. Word is Andrew wants the same contract Kesler got. Me, I wouldn't touch that with a ten foot pole. Kesler's 6x6.875 deal hasn't even started yet and it's bad. Kesler is a 40 point player and 31. He hasn't had a season worthy of that sort of deal in 5 years, but at least he has a 40g 70p season in his CV. Ladd? Not even close. Anaheim is going to be stuck with that deal. Okposo is a good option. Size, speed, and skill. His consistency has come into question a few times, but he knows how to play with skill players. Whether I target him would depend on where we fall in the draft and if that position nets us one of two Finnish RWs. If not, go ahead. A 6 year $30 million deal would befit the soon to be 28 year old.
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Post by blny on Feb 10, 2016 12:57:13 GMT -5
And they are. There's a very good chance that they'll get to pick Matthews or one of the Finns. Instant legit scorer on their team and they're ahead of us in that category immediately. Add Marner and Nylander and within 2 years they may have 3 forwards better than anyone we have. (Maybe...of course, they might not, but they do have Babcock, who's pretty good at bringing along youngsters). If we keep Therrien, I'd say that within 2 years or 3 at most, the Leafs will be in a better position to win the Cup than us. ... and that's why tanking this year is vital. Tank, retool, regroup and come out better for it.
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Post by Skilly on Feb 10, 2016 14:27:35 GMT -5
Make no bones about it ... if Stamkos goes on the open market, it is going to take 12 million a year for the Habs to land him. For starters, the per anum money will have to make up for the lost cash from the extra year he would have gotten in Tampa Bay, and he will also want some compensation for the higher taxes.
If Tampa is offering 8 years at 10 million a year (they offered 8.5 million, but we all know it is going to be at least 10 million), then Montreal will have to offer 11.5 million a year just to make up for that 10 million lost year. As much as we like to believe athletes will leave money on the table to play for a contender, playing for a contender doesn't mean they will compete or win. So they will take the cash 9.9 times out of 10. Then add in the taxes ...
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Post by seventeen on Feb 10, 2016 15:17:45 GMT -5
Make no bones about it ... if Stamkos goes on the open market, it is going to take 12 million a year for the Habs to land him. For starters, the per anum money will have to make up for the lost cash from the extra year he would have gotten in Tampa Bay, and he will also want some compensation for the higher taxes. If Tampa is offering 8 years at 10 million a year (they offered 8.5 million, but we all know it is going to be at least 10 million), then Montreal will have to offer 11.5 million a year just to make up for that 10 million lost year. As much as we like to believe athletes will leave money on the table to play for a contender, playing for a contender doesn't mean they will compete or win. So they will take the cash 9.9 times out of 10. Then add in the taxes ... I'm budgeting 11-12 mil, Skilly. I've always thought to have a truly level playing field, there should be an annual CAP adjustment for taxes in each jurisdiction and for the value of the Canadian Dollar. Right now, Florida, Texas, Carolina and Alberta teams have a sizeable advantage over Quebec, California and NY teams on the CAP. US teams have an advantage over Canadian teams right now compared to 2-4 years ago. Definitely not fair, but there won't be any changes, not with 6 out of the 7 spots in the NHL inner circle held by US teams.
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Post by Andrew on Feb 10, 2016 15:20:51 GMT -5
Make no bones about it ... if Stamkos goes on the open market, it is going to take 12 million a year for the Habs to land him. For starters, the per anum money will have to make up for the lost cash from the extra year he would have gotten in Tampa Bay, and he will also want some compensation for the higher taxes. If Tampa is offering 8 years at 10 million a year (they offered 8.5 million, but we all know it is going to be at least 10 million), then Montreal will have to offer 11.5 million a year just to make up for that 10 million lost year. As much as we like to believe athletes will leave money on the table to play for a contender, playing for a contender doesn't mean they will compete or win. So they will take the cash 9.9 times out of 10. Then add in the taxes ... I don't think he's worth the money. Over the last 3 years his production has been less than PPG. This year he's on pace for 32 goals and 62 points. Yes, he's help our offence, but he's not worth the % of the cap that he'd command.
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Post by UberCranky on Feb 10, 2016 15:47:17 GMT -5
The best laid plans of mice and man... ..and HabsRus dreamers.....
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Post by UberCranky on Feb 10, 2016 15:51:44 GMT -5
Make no bones about it ... if Stamkos goes on the open market, it is going to take 12 million a year for the Habs to land him. For starters, the per anum money will have to make up for the lost cash from the extra year he would have gotten in Tampa Bay, and he will also want some compensation for the higher taxes. If Tampa is offering 8 years at 10 million a year (they offered 8.5 million, but we all know it is going to be at least 10 million), then Montreal will have to offer 11.5 million a year just to make up for that 10 million lost year. As much as we like to believe athletes will leave money on the table to play for a contender, playing for a contender doesn't mean they will compete or win. So they will take the cash 9.9 times out of 10. Then add in the taxes ... I'm budgeting 11-12 mil, Skilly. I've always thought to have a truly level playing field, there should be an annual CAP adjustment for taxes in each jurisdiction and for the value of the Canadian Dollar. Right now, Florida, Texas, Carolina and Alberta teams have a sizeable advantage over Quebec, California and NY teams on the CAP. US teams have an advantage over Canadian teams right now compared to 2-4 years ago. Definitely not fair, but there won't be any changes, not with 6 out of the 7 spots in the NHL inner circle held by US teams. If I own any of the low tax teams, I would be screaming if all of a sudden there was adjustment for taxtorture. It's not my problem that Quebec, Kalipornia and NY teams live in gimme-moe-money states/provinces.
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Post by blny on Feb 10, 2016 16:19:09 GMT -5
I've worked budgets at $11-12 million as well. As I've said, what's more important to him: the cache of the cap hit, or the total of the contract and bonus? Keeping the cap hit benefits the club and the player. With more space, other areas are more easily addressed. With a bonus amount I'm willing to allow him to pick the number of, he gets a lump sum check every year the bonus is applied.
$70 million over 7 years = $10 million $35 million over 7 years = $5 million
That's $105 million over 7 years. It's more than Kopitar just signed for and in less years. With respect to compensating for taxes, Steven is going to have to except a higher tax rate wherever he goes, unless it's Texas. Toronto and Montreal would be marginally different in the grand scheme. Let's look at Kopitar's tax situation in California. State income tax for earnings over $1 million is 13.3%. Federally, he's in the $413,201 or more bracket. That's $120000 plus 39.6% of the amount over the $413,201. Kopitar will pay the state $2.527 million each of the next two years and $1.33 million the next 6. Federally he'll pay almost $7.5 million each of the first two years and almost $3.8 million a year after that. Of the $98 million he'll be paid over the 8 years, he'll lose about $50.8 million in taxes.
It's been pointed out by some in the media that because a player playing in Canada gets paid in US dollars, the fact the Canadian dollar is now some 30 cents below the US benefits the player. $10 million US turns into $13 million Canadian. That offsets some of the tax differences depending on the US market you play in, and cost for goods. Stamkos and his agent can argue the taxes all they want, but as long as the Canadian dollar trades this much below the US dollar he'll come out ahead up here. Of course, that doesn't even begin to discuss the greater number of endorsement opportunities he'd have playing in Canada.
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Post by blny on Feb 10, 2016 16:25:01 GMT -5
Make no bones about it ... if Stamkos goes on the open market, it is going to take 12 million a year for the Habs to land him. For starters, the per anum money will have to make up for the lost cash from the extra year he would have gotten in Tampa Bay, and he will also want some compensation for the higher taxes. If Tampa is offering 8 years at 10 million a year (they offered 8.5 million, but we all know it is going to be at least 10 million), then Montreal will have to offer 11.5 million a year just to make up for that 10 million lost year. As much as we like to believe athletes will leave money on the table to play for a contender, playing for a contender doesn't mean they will compete or win. So they will take the cash 9.9 times out of 10. Then add in the taxes ... I don't think he's worth the money. Over the last 3 years his production has been less than PPG. This year he's on pace for 32 goals and 62 points. Yes, he's help our offence, but he's not worth the % of the cap that he'd command. I'm not all that concerned. With the triplets playing together, he's been all but pigeon-holed with Killorn and Callahan 5-on-5. Neither player is a significant offensive threat. He'd have a lot more options in Montreal. I wouldn't remotely expect a 60 goal season again, but I would expect him to get back to a point per game. That would put him top five in the league, and he'd be making market value.
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Post by Skilly on Feb 10, 2016 16:35:56 GMT -5
I've worked budgets at $11-12 million as well. As I've said, what's more important to him: the cache of the cap hit, or the total of the contract and bonus? Keeping the cap hit benefits the club and the player. With more space, other areas are more easily addressed. With a bonus amount I'm willing to allow him to pick the number of, he gets a lump sum check every year the bonus is applied. $70 million over 7 years = $10 million $35 million over 7 years = $5 million That's $105 million over 7 years. It's more than Kopitar just signed for and in less years. With respect to compensating for taxes, Steven is going to have to except a higher tax rate wherever he goes, unless it's Texas. Toronto and Montreal would be marginally different in the grand scheme. Let's look at Kopitar's tax situation in California. State income tax for earnings over $1 million is 13.3%. Federally, he's in the $413,201 or more bracket. That's $120000 plus 39.6% of the amount over the $413,201. Kopitar will pay the state $2.527 million each of the next two years and $1.33 million the next 6. Federally he'll pay almost $7.5 million each of the first two years and almost $3.8 million a year after that. Of the $98 million he'll be paid over the 8 years, he'll lose about $50.8 million in taxes. It's been pointed out by some in the media that because a player playing in Canada gets paid in US dollars, the fact the Canadian dollar is now some 30 cents below the US benefits the player. $10 million US turns into $13 million Canadian. That offsets some of the tax differences depending on the US market you play in, and cost for goods. Stamkos and his agent can argue the taxes all they want, but as long as the Canadian dollar trades this much below the US dollar he'll come out ahead up here. Of course, that doesn't even begin to discuss the greater number of endorsement opportunities he'd have playing in Canada. Once again I'd like to point out that signing bonuses count towards the cap .... You have a per annum cap hit of $15 million in your scenario. Teams are only allowed to offer 20% of the total cap to any one player. (If the cap is in the 70 million range, that's $14 million max)
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Post by seventeen on Feb 10, 2016 17:00:24 GMT -5
I'm budgeting 11-12 mil, Skilly. I've always thought to have a truly level playing field, there should be an annual CAP adjustment for taxes in each jurisdiction and for the value of the Canadian Dollar. Right now, Florida, Texas, Carolina and Alberta teams have a sizeable advantage over Quebec, California and NY teams on the CAP. US teams have an advantage over Canadian teams right now compared to 2-4 years ago. Definitely not fair, but there won't be any changes, not with 6 out of the 7 spots in the NHL inner circle held by US teams. If I own any of the low tax teams, I would be screaming if all of a sudden there was adjustment for taxtorture. It's not my problem that Quebec, Kalipornia and NY teams live in gimme-moe-money states/provinces. If you owned any of the low tax teams, I'd be asking for free tickets whenever I wanted to fly down.
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Post by seventeen on Feb 10, 2016 17:04:31 GMT -5
I've worked budgets at $11-12 million as well. As I've said, what's more important to him: the cache of the cap hit, or the total of the contract and bonus? Keeping the cap hit benefits the club and the player. With more space, other areas are more easily addressed. With a bonus amount I'm willing to allow him to pick the number of, he gets a lump sum check every year the bonus is applied. $70 million over 7 years = $10 million $35 million over 7 years = $5 million That's $105 million over 7 years. It's more than Kopitar just signed for and in less years. With respect to compensating for taxes, Steven is going to have to except a higher tax rate wherever he goes, unless it's Texas. Toronto and Montreal would be marginally different in the grand scheme. Let's look at Kopitar's tax situation in California. State income tax for earnings over $1 million is 13.3%. Federally, he's in the $413,201 or more bracket. That's $120000 plus 39.6% of the amount over the $413,201. Kopitar will pay the state $2.527 million each of the next two years and $1.33 million the next 6. Federally he'll pay almost $7.5 million each of the first two years and almost $3.8 million a year after that. Of the $98 million he'll be paid over the 8 years, he'll lose about $50.8 million in taxes. It's been pointed out by some in the media that because a player playing in Canada gets paid in US dollars, the fact the Canadian dollar is now some 30 cents below the US benefits the player. $10 million US turns into $13 million Canadian. That offsets some of the tax differences depending on the US market you play in, and cost for goods. Stamkos and his agent can argue the taxes all they want, but as long as the Canadian dollar trades this much below the US dollar he'll come out ahead up here. Of course, that doesn't even begin to discuss the greater number of endorsement opportunities he'd have playing in Canada. You can't differentiate between salary and bonuses. They all count toward the cap. The only difference of note for players is asking for a bonus in a year in which there might be a play stoppage. Bonuses have to be paid, salaries do not, if there's a strike or lockout. So if Matthews for example, gets a $950K salary and $3MM in bonus clauses, the CAP is 3.95MM, even if he doesn't reach the bonus marks and isn't paid for them. The CAP is unassailable.
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Post by seventeen on Feb 10, 2016 17:08:12 GMT -5
I've worked budgets at $11-12 million as well. As I've said, what's more important to him: the cache of the cap hit, or the total of the contract and bonus? Keeping the cap hit benefits the club and the player. With more space, other areas are more easily addressed. With a bonus amount I'm willing to allow him to pick the number of, he gets a lump sum check every year the bonus is applied. $70 million over 7 years = $10 million $35 million over 7 years = $5 million That's $105 million over 7 years. It's more than Kopitar just signed for and in less years. With respect to compensating for taxes, Steven is going to have to except a higher tax rate wherever he goes, unless it's Texas. Toronto and Montreal would be marginally different in the grand scheme. Let's look at Kopitar's tax situation in California. State income tax for earnings over $1 million is 13.3%. Federally, he's in the $413,201 or more bracket. That's $120000 plus 39.6% of the amount over the $413,201. Kopitar will pay the state $2.527 million each of the next two years and $1.33 million the next 6. Federally he'll pay almost $7.5 million each of the first two years and almost $3.8 million a year after that. Of the $98 million he'll be paid over the 8 years, he'll lose about $50.8 million in taxes. It's been pointed out by some in the media that because a player playing in Canada gets paid in US dollars, the fact the Canadian dollar is now some 30 cents below the US benefits the player. $10 million US turns into $13 million Canadian. That offsets some of the tax differences depending on the US market you play in, and cost for goods. Stamkos and his agent can argue the taxes all they want, but as long as the Canadian dollar trades this much below the US dollar he'll come out ahead up here. Of course, that doesn't even begin to discuss the greater number of endorsement opportunities he'd have playing in Canada. Once again I'd like to point out that signing bonuses count towards the cap .... You have a per annum cap hit of $15 million in your scenario. Teams are only allowed to offer 20% of the total cap to any one player. (If the cap is in the 70 million range, that's $14 million max) And if you hired Boucher, Stamkos could get back to the 60 goal plateau again. Acccckkkkk! I just noticed that one of Boucher's assistants that year in Tampa was Dan Lacroix. Hmmm, another connection for Stamkos. This is looking better and better. Good buddy of PK's. Former coach Boucher, former assistant Lacroix (we can fire him after SS is signed). Liking this.
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