Do teams with lower state tax rates get significant discounts?

[Brownies]

There's also the exchange rate. Someone making 10m usd in Canada is basically making around 13 million CAD.

3 extra million to offset some of that higher tax burden

I think all NHL players are paid in US dollars, no ?

 

[Legionnaire]

The basic principles of economics don’t like it.

So just to be clear. Do you really think there is no tax advantage? Agents. Media. Players. GMs. Bill Daly acknowledge it.

But you just decide it’s not true?

The tax burden is offset by population.

 

[Legion34]

The tax burden is offset by population.

Huh?
Not sure what you mean?

 

[Legionnaire]

Huh?
Not sure what you mean?

In terms of the NHL it pertains to revenue. The disparity in taxes evens the playing field.

 

[Legionnaire]

Oh and let's be real here. The teams you are speaking of Joe are Tampa, Florida, and Dallas. How do those three teams have an advantage?

 

[Legion34]

In terms of the NHL it pertains to revenue. The disparity in taxes evens the playing field.

And if GMs players. Managers. Coaches and insiders say it doesn’t?

This isn’t directed at you specifically but to me
It’s insane. People are just blatantly ignoring that this is a known topic and accepted fact by actual people in the NHL. They have no actual knowledge of it, but ignore people who do?

I’m not claiming to be an expert. But when multiple professionals and people who are involved report it. I kinda believe them.

Imagine it was anything else......
“Smoking causes cancer”

1.) doctors say it
2.) family members say it
3.) people who smoke say it
4.) smoking has been shown to increase cancer.

But no it doesn’t! People who don’t smoke also get cancer! I have a grandfather who smokes and he doesn’t!

The logic is just mind blowing

 

[FerrisRox]

There were many primary points. Of course cost certainly was an issue. There were many issues. One of which was ensuring that small market teams didn’t become feeder teams and lose top players to big money teams.

To act like parity isn’t a huge part of it is just ridiculous. If all you want is cost certainty. Then there is No reason that teams have to have the same floor and cap right?

If the NHL decides well we want a 50/50 split of revenues. with the players. Sure.

Toronto and Montreal and New York could have double the hit right? As long as there was cost certainty and the owners got 50’percent Of the revenue. Then. Sure.

I am legitimately embarrassed for you.

 

[Legion34]

I am legitimately embarrassed for you.

Overall cost certainty and revenue spliting between owners and players does not in any way require parity in cap floors or ceilings.

The NHL chooses to make the same floors and ceilings for all teams because Parity is a large part of it.

 

[2020 Cup Champions]

As a Texan, we're happy to have you. Just do us all a favor and learn local driving habits and leave your northeastern ******* habits in the rearview. You think you don't have them but you do.

 

[Legionnaire]

Lol. There is no way that it should not be Colorado drivers as the worst.

 

[Legionnaire]

I am legitimately embarrassed for you.

Umm. Likewise. He makes an essential point

 

[hairylikebear]

We know that taxes are brought up in negotiations. So therefore we know that a team with a worst tax situation has to make that up some other way, whether it's another benefit or straight up more money. That tax discounts exist should be a no brainer. The key here is are they "significant?" While the OP seems to be using a rather limited data set, the trend we see illustrates pretty clearly that whatever advantage exists is not particularly significant.

California notwithstanding, those higher taxes aren't just burning money. They typically translate into some form of public good.

 

[BahlDeep]

I don't follow this logic. Doesn't the exhange rate also determine the price of actual goods. Like how a five dollar footlong is actually 6 CAD in Canada and 70 million pesos in Argentina, for instance.

It's not like everything costs the same number of currency units in every country.

Sure, if you live in a book

 

[BahlDeep]

I think all NHL players are paid in US dollars, no ?

Yes, which is exactly my point. I would rather live in Toronto then New York which is more comparable in terms of cost of living, taxes and lifestyle

 

[2020 Cup Champions]

Lol. There is no way that it should not be Colorado drivers as the worst.

I only noticed that they drove very slowly, and have to admit in spite of my meme that Tampa has its own very awful drivers that do things the New Yorkers, Michiganders, and Massholes don't do that moved to my hometown (about 45 minutes away).

 

[Brownies]

Yes, which is exactly my point. I would rather live in Toronto then New York which is more comparable in terms of cost of living, taxes and lifestyle

Oh right, I get it now. You are right.

 

[razor8]

We know that taxes are brought up in negotiations. So therefore we know that a team with a worst tax situation has to make that up some other way, whether it's another benefit or straight up more money. That tax discounts exist should be a no brainer. The key here is are they "significant?" While the OP seems to be using a rather limited data set, the trend we see illustrates pretty clearly that whatever advantage exists is not particularly significant.

California notwithstanding, those higher taxes aren't just burning money. They typically translate into some form of public good.

I'm sorry, but the bolded bugs me. I've seen this many times.

 

[DistantThunderRep]

Deke for Days and Clark are like a whiny version of Batman and Robin, and Joe is like their arch nemesis the Poker.

 

[hairylikebear]

I'm sorry, but the bolded bugs me. I've seen this many times.

Don't let small typing mistakes bug you I guess.

 

[nbwingsfan]

Again. No one is saying they have to make every single thing equal.

What we are
Saying is. If you artificially impose a system and claim it provides parity. Then it has to be fair.

That’s the problem

So should the NHL also impose caps on how much a player can make in endorsements, since some teams can take advantage of that?

What about caps on the quality of life in each city? An entertainment cap? Climate cap?

A straight salary cap is as fair as it’s going to get to keep everyone happy

 

[Name Nameless]

a) taxes can be evaded, legally.

b) nobody talks about it, so I feel I have to: my guess is for the players, salary before tax has something psychological about it. Yeah, I know, there might be a reason why I'm the only one. But I do believe the players regards their wage as a way to see if the team is interested in them. And that would be the wage, before tax.

 

[Legion34]

So should the NHL also impose caps on how much a player can make in endorsements, since some teams can take advantage of that?

What about caps on the quality of life in each city? An entertainment cap? Climate cap?

A straight salary cap is as fair as it’s going to get to keep everyone happy

Personally... no. I mean they can try to control what is fair. Where’s the line?

Mcdavid is too fast. Give him ankle weights
Chara is too tall. Make him play on his knees!

I personally think all of it is dumb. That’s not the natural state. But ultimately I don’t care what they cap. But whatever they cap. Make it fair.

 

[hairylikebear]

Personally... no. I mean they can try to control what is fair. Where’s the line?

Mcdavid is too fast. Give him ankle weights
Chara is too tall. Make him play on his knees!

I personally think all of it is dumb. That’s not the natural state. But ultimately I don’t care what they cap. But whatever they cap. Make it fair.

It is fair. The cap and floor are fundamentally restrictions on the entire league distributed evenly among all teams. It doesn't make all the teams equal but that was never the point.

 

[razor8]

Don't let small typing mistakes bug you I guess.

It's not a typing mistake. People just don't know the difference between worse and worst.

 

[Legion34]

a) taxes can be evaded, legally.

b) nobody talks about it, so I feel I have to: my guess is for the players, salary before tax has something psychological about it. Yeah, I know, there might be a reason why I'm the only one. But I do believe the players regards their wage as a way to see if the team is interested in them. And that would be the wage, before tax.

And they can also go after you forever.

How many celebrities go bankrupt?there are a whole bunch of ex stars making Netflix movies now.