Ace Card Bedard
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- Feb 11, 2012
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I'd imagine players on ELC and RFA deals aren't benefiting much from GM's numbers. If that's the only bottleneck you'd think the NHLPA would establish a contact list for the use of its membership.
I mean, a 30%-40% tax rate on 1,000,000 a season is a lot of money, but so it the 600-700k left over. That's a significant amount of money to afford luxury and saving toward retirement. Taking home 600K after taxes is probably close to 15 years of a regular person working 9-5 and paying taxes. One would argue that 3 years of working a 1,000,000 job is equivalent to a lifetime (45 years) of working a 50k 9-5 job, but better. Because that 3 years of working, if it happens in your 20's, results in an excess of money to invest in various things that will grow in value over that 45 years of working.
So I am not entirely concerned with NHL players and their ability to financially survive after having 1-10 million dollar a year contracts.
What I would think is archaic and overblown, is those Agent fees. The Escrow is its own complicated thing and players might get some of that money returned. But agent fees, to me, feel very close to car salesmen level uselessness. I feel like the agents serve a useful purpose, but not a huge % like that. That huge % is probably inflated just to the "close-nit" and exclusive club those agents belong to. If becoming a sports agent was a welcoming profession that added new members every year, then competition would drop those rates.
For starters, the rate Avery gives is almost certainly wrong. Or he's an idiot for having an agent and a manager and letting them take a quarter of his income. An agent's commission is probably closer to 5% or even lower. The NBA and NFL, for example, have limited an agent's commission to 3%.At those skim rates and marginal tax rates it certainly seems like most players would be better off foregoing an agent and negotiating for themselves.
the wife filed for divorce and left him july 16th. its not the house she is living in.Did Kane really leave his wife and kids and let the bank take their home?
Did Kane really leave his wife and kids and let the bank take their home?
Yes and No according to the wife. She said he left on the 8th of July and went quite for a week then jetted off to Europe, then informed her the bank is taking the house and she has to get out so a realtor can put it up for sale (that’s what most people do when the bank says it’s foreclosing on a home). That’s the extent of whats been said about the house besides him leaving her to deal with it all while pregnant and he’s in Europe.
Why was the ex-wife not charged?first off, the accusation is completey consistent with what we know to be true about Kane. It could easily be true but...
a guy I used to work with was going through a divorce. 6:30 AM on a Sunday, there is a knock on the door , two cops arrest him and put him in a paddy wagon to the city she lives in (3 hours away). Next morning, he finds out that his ex wife has accused him of assault and battery the weekend prior. Her friend even corroborated the story.
Problem was, he was in Australia on business that weekend, he got home mid week. They send him back to his cell so that he could call his employer who sent over receipts form the company credit card. He was dismissed and there were zero repercussions on her part. He is a little angry about it all many years later
I will wait for the facts and not be surprised of whatever comes out
People like this, on both sides, shouldn’t have kids.
Any one going through divorce is at risk of losing their home. Not just wife's of gambling addicts. Does that make them victims as well?...no, it simply points out that you have no idea what she's going through and that you have zero empathy, a trait most Humans tend to develop naturally in the course of their lives...
Any one going through divorce is at risk of losing their home. Not just wife's of gambling addicts. Does that make them victims as well?
She goes through divorce and the house is sold. Sounds like standard procedure for a divorce. That in itself does not make her a victim....when it's their douchebag husband's who cause it while they party in Europe with their mistress while she's at home pregnant and with a one-year old, absolutely...again, EMPATHY...try it...
She goes through divorce and the house is sold. Sounds like standard procedure for a divorce. That in itself does not make her a victim.
Everything else speaks to Kanes lack of character. I can empathize with her situation. But saying she's a victim is a bit of a stretch.
Are you aware that in this case (unlike most divorces) they are being forced to sell the home to pay back creditors? This isn't a sell the house and split the assets type of deal you usually see in a divorce. Just wait until he ends up in court for not paying child support because he gambled it all away. But you probably alsofeel that poor kids with a deadbeat dad is not a victim either.
Marriage and parenthood come with certain responsibilities. He's at the Casino in Europe losing more money.
What specifically makes him a dead beat dad
"Just wait until" as in that's the path he's headed on.
Edited to add: If he makes millions and cant pay his bills and if its true that his wife had to sell her ring to take care of their kid as she claims, all the while leaving her behind at home, alone, to deal with his messes; its headed that way.
Well, the "just wait until" was to court, you just straight called him a dead beat dad. We all know why he cant pay his bills and only a fool believes she had to sell jewelry to pay bills, why does she have no money anyway?, despite the fact that since shes getting a divorce she would be selling her ring anyway. Also of course he leaves her alone, they arent together anymore. Kane has problems, terrible husband being one, but I think its premature to say dead beat dad just cause hes not living with the person hes not in a relationship with anymore
No, poor kids are not victims either. You are correct. They are less fortunate, yes. But they are not victims.Are you aware that in this case (unlike most divorces) they are being forced to sell the home to pay back creditors? This isn't a sell the house and split the assets type of deal you usually see in a divorce. Just wait until he ends up in court for not paying child support because he gambled it all away. But you probably alsofeel that poor kids with a deadbeat dad is not a victim either.
Marriage and parenthood come with certain responsibilities. He's at the Casino in Europe losing more money.
No, poor kids are not victims either. You are correct. They are less fortunate, yes. But they are not victims.
People like this, on both sides, shouldn’t have kids.