Speculation: Hughes and Pettersson's Next Contracts

[Blue and Green]

That was before his ascenion.

Early in his rookie season McAvoy was elevated to the first pair on one of the league's best teams and he has been ascending ever since.

 

[sting101]

Dont forget the tax rate in Dallas is %36.53 and in Colorado is %41.08 where Vancouver is %52.93.

They get paid where they play.

Half the games are in other states or provinces at their tax rates and not only that American team unlike the Canadian based players players are subject to state and city jock taxes that can have them paying rates well above the Canadian tax rates. And they get paid in US dollars which last time i checked is a pretty good scenario for someone living in Canada.

it's not the gap your pointing out once the dust settles

 

[GreatSaveLuongo]

This two contracts need priority over others

 

[Dural]

I'd be surprised if anyone on a U.S. team is paying a higher tax rate than Vancouver. There's a reason why many players NTC's are filled with Canadian teams.

Edit: Can't forget about Commiefornia. 54% tax rate, what a joke.

 

[Hit the post]

They get paid where they play.

Half the games are in other states or provinces at their tax rates and not only that American team unlike the Canadian based players players are subject to state and city jock taxes that can have them paying rates well above the Canadian tax rates. And they get paid in US dollars which last time i checked is a pretty good scenario for someone living in Canada.

it's not the gap your pointing out once the dust settles

Didn't Torts maintain a US residence to get around that? (hint: I ain't no tax expert hence my question)

 

[Ita]

Dont forget the tax rate in Dallas is %36.53 and in Colorado is %41.08 where Vancouver is %52.93.

Urgh..
Your numbers seem to be off. The Federal Tax rate at the highest tax bracket alone is 37%.. You also have to factor in FICA. How did you even come up with those numbers?

This is closer.

Texas Income Tax Calculator - SmartAsset

You can also need to account for the fact that half the games are not played at home. Depending on the state/province the athletes play in, they will be taxed differently.

Certain states have an advantage, but it's often overstated because people don't actually account for the differences properly.

 

[Melvin]

Urgh..
Your numbers seem to be off. The Federal Tax rate at the highest tax bracket alone is 37%.. You also have to factor in FICA. How did you even come up with those numbers?

This is closer.

Texas Income Tax Calculator - SmartAsset

You can also need to account for the fact that half the games are not played at home. Depending on the state/province the athletes play in, they will be taxed differently.

Certain states have an advantage, but it's often overstated because people don't actually account for the differences properly.

Capfriendly accounts for the schedule: Miro Heiskanen Income Tax Calculator Results - CapFriendly - NHL Salary Caps

Based on 2021-22 schedule they have Dallas at 41.01, Colorado at 45.35 and Vancouver at 51.17. That's still pretty significant

 

[StreetHawk]

Capfriendly accounts for the schedule: Miro Heiskanen Income Tax Calculator Results - CapFriendly - NHL Salary Caps

Based on 2021-22 schedule they have Dallas at 41.01, Colorado at 45.35 and Vancouver at 51.17. That's still pretty significant

need tax experts to weigh in here. Earlier this year Burke did a segment on HNIC before he went to Pitt about the tax disadvantage for Canadian teams which he says he worked on with another agent. Then Alan Walsh put out a tweet that mentioned that there were things that could be done to limit the tax.

 

[PuckMunchkin]

They get paid where they play.

Half the games are in other states or provinces at their tax rates and not only that American team unlike the Canadian based players players are subject to state and city jock taxes that can have them paying rates well above the Canadian tax rates. And they get paid in US dollars which last time i checked is a pretty good scenario for someone living in Canada.

it's not the gap your pointing out once the dust settles

True.

Its a different gap.

Its a gap.

 

[geebster]

I really hope he gets this shit done...its been forever and now that both Heiskanen and Makar are signed Hughes shouldnt be too difficult to negotiate. Theres no other chips left to fall. That said, Makar getting 9 and Heiskanen getting 8.45 means I REALLY hope they can convince Hughes to take a bridge close to 6 somehow so they can fill out the roster. If he takes close to 6 and Petey is close to 8 then we do indeed have enough money to make things work. We'll see but I'm not hopeful given previous contract amounts and how much everyone else is getting.

 

[Peen]

I take some issue with how long this has dragged out. The fear is you have a big market throw EP an offer sheet that would walk him to UFA - a Matthews type contract. Matthews is underpaid and EP likely will be as well regardless of term, but it's still problematic. Short sort this out quickly.

 

[timw33]

I take some issue with how long this has dragged out. The fear is you have a big market throw EP an offer sheet that would walk him to UFA - a Matthews type contract. Matthews is underpaid and EP likely will be as well regardless of term, but it's still problematic. Short sort this out quickly.

They are playing with fire if they go out onto the market on Wednesday and add any meaningful money to the roster with the assumption they will simply be able to shed Holtby/Schmidt, 2 guys who might not actually have that big of a market.

The RFA signings are absolutely crucial and a single offer sheet could sewer this franchise.

 

[4Twenty]

I think its naive to think any of these RFA’s wouldve signed by now. No agent would do that.

 

[Peen]

I think its naive to think any of these RFA’s wouldve signed by now. No agent would do that.

That’s a fair point and I should rephrase. It’s specifically bad in our situation because of how capped out we are. If we had a billion dollars of space without pressure to fill major gaps - which isn’t our case - then it’s whatever.

 

[The Vasili Jerry]

What happens in a scenario where both Pettersson and Garland sign high offersheets from two different teams? Surely the Canucks don't have the space to match both and also sign Hughes, Dickinson, etc.

 

[Peen]

What happens in a scenario where both Pettersson and Garland sign high offersheets from two different teams? Surely the Canucks don't have the space to match both and also sign Hughes, Dickinson, etc.

They’ll match and sign them and then be forced to clear space further down the line for Hughes. Could be a situation where Hughes is without a contract for a while.

 

[alternate]

Can't see a flat cap environment being the time we see a flurry of poaching attempts. For an offersheet to work, there needs to be some overpayment. Sure, it could happen and is something Benning needs to be aware of, but multiple attempts by multiple teams? Probability seems low.

 

[The Vasili Jerry]

Can't see a flat cap environment being the time we see a flurry of poaching attempts. For an offersheet to work, there needs to be some overpayment. Sure, it could happen and is something Benning needs to be aware of, but multiple attempts by multiple teams? Probability seems low.

Is it crazy to think team X offers Pettersson 7x$9m and team Y offers Garland 5x$5m? That leaves the Canucks needing to pay Hughes, Dickinson, Juolevi, etc. with about $7m left in cap space.

The league is very aware of the Canucks' cap crunch.

 

[tantalum]

Honestly, with the way management and ownership has decided the time is right to go all in (with a bottom 5 team) both Pettersson and Hughes can bend the canucks over a barrel if they want to (especially Pettersson). And they should want to. Honestly, all of Pettersson, Hughes and now Garland are attractive offer sheet targets. If only to further undermine the canucks cap structure now and in the future.

edit: ^^^ poster above said the same thing... Teams like Montreal, Calgary, Arizona, Buffalo, Rangers, Carolina, Ottawa, Devils, Seattle, Dallas, Jets, MInnesota, Nashville can meet any compensation terms on an offer sheet.

 

[NoShowWilly]

Im concerned about the sam ahoesque 4 year - 8.(whatever the max for that offer sheet level is)million.

It puts us in a bit of trouble this year and walks the player to free agency.

 

[Dural]

Imagine giving Benning credit for drafting someone like Boeser or Pettersson, only to lose said player because he couldn't perform basic cap management...while being a bottom team in the league.

 

[4Twenty]

Can't see a flat cap environment being the time we see a flurry of poaching attempts. For an offersheet to work, there needs to be some overpayment. Sure, it could happen and is something Benning needs to be aware of, but multiple attempts by multiple teams? Probability seems low.

Flat cap would be the best time to actually make it work.

But NHL GM's are cowards.

 

[Nucker101]

They’ll match and sign them and then be forced to clear space further down the line for Hughes. Could be a situation where Hughes is without a contract for a while.

this, they can match as long as they aren’t over the cap by 10%, I don’t believe they’d be allowed to match both if it would put them over the cap by more than 10%

 

[logan5]

The Devil's offer something crazy to have all 3 Hughes brothers.

 

[BrilliantBroReferee]

The Devil's offer something crazy to have all 3 Hughes brothers.

It's more likely that Hughes leaves for NJ when he is UFA.