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NHL players and taxes they pay


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Interesting read,,,especially about the Montreal effect that taxes play when signing or attracting players.

http://www.tsn.ca/talent/westhead-why-montreal-is-the-worst-nhl-city-when-it-s-tax-time-1.106798

I read that too. It seems all those millions aren't "all those millions". Actually, it's not wonder that MB has to "overpay" to attract and/or keep players.

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Just one of the significant advantages that southern/US franchises are given over Canadian/larger American ones. The ability for the Habs, Leafs, Rangers and so on to spend more resources on personnel doesn't make up for it. Hard salary caps have only one effect: keeping failed and failing franchises on indefinite life support. Unfortunately, the NHL has lots of those, and they fight tooth and nail to keep their poor investments alive. The owners of the solvent teams are petrified of salary growth and the thought of Nashville, Ottawa, Tampa, Carolina, Anaheim, New Jersey, and potentially Columbus turning into replicas of Florida and Phoenix. Meanwhile, the game, quality of play, and fans of Canadian teams are stuck with the bill. But 3,000 people in Florida get to watch the highest level of professional hockey in the world for $10 while 2,000 households tune in on TV, so everything's fine! It's "growing the game"! :rolleyes:

You might think this won't be as big of a deal when Phoenix moves to Seattle and Florida moves to Québec. But we'll still have to deal with Tampa being in our division and benefiting from increased revenues and a hard cap coddling it while punishing us. Pair that with the free agency and draft rules the NHL has, and it might actually get worse for us. No other major league on the continent actively goes out of its way to punish its popular, revenue-driving franchises like the NHL does. Either salary hits should be applied to the cap in pre-tax American dollars, or there shouldn't be a hard cap, period. Better yet, a soft cap luxury tax system with greater revenue sharing. That's the long-term solution, IMO, but it'll never happen while the current Jacobs/Snyder/Ilitch regime is still running things.

Twenty years ago, we were condescended to about the future of hockey, the NHL, and North America. We were told that the "real money" was going to be in the southern US, that the northern cities were going to fade away, and that the media power of shifting US demographics would make teams like Phoenix, Dallas, and Florida worth more than the Habs, Canucks, and Sabres. Hockey's heartland was bankrupt, and it was time to get with the program and turn the keys over to the sunbelt.

How'd that work out? Could anyone predict the magnitude and political impact of the .com bubble/crash, housing bubble/crash, and 2008 recession? Probably not, but the decisions made in the 90s are blatantly poor, and were observed to be so at the time. But the critics were told they were mossbacks living in the past. If you didn't go all in on the economic bubbles, you were a sucker. Who's the sucker now?

Are we going to have to spend another twenty years and blow another billion dollars on this irredeemable business plan just because Jeremy Jacobs believed the wrong advisors in 1988 and can't handle the sunk cost fallacy? How high are ticket prices going to rise in Canada (and sink in the south) in the process? How much more expensive is premium television going to be to support the RSN/sports media bubble? How much money is going to be taken from municipal services in Glendale and Broward County to fund teams nobody cares about? How low can we go?

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Watching the TB game the other day, I got the feed from Sun something or other TV, and they were advertising upcoming select games for 2 tickets,,,2 Coke Zeros,, 2 sandwiches, and a player pin for $75. Pretty hard to pay Stamkos with those prices.

#handsouttoCanadianclubs.

A friend from B.C. was telling me that a lot of Van fans fly to AZ for a Nucks/Dogs game because it's cheaper to go there than to pay the prices in Van.

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Guest habs1952

The money making teams should drop their ticket prices and endeavor to just barely make a profit. Let's see the poor teams survive when there is no longer any help.

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  • Canada's progressive personal taxes -- the richer (Subban et al) pay incrementally more (than me; and maybe you too!)

Definition of "wassat?, never heard of it!" -- a scalper at a Florida Panthers hockey game -- (the team even sells tickets into the secondary market (Stub Hub et al) where they go for as little as $15 ... about the same as a 3D movie at the cinema)

Les Canadiens / Molson's do well; so do the other Canadian hockey clubs -- the corporate income tax is less for Canadian teams

Article makes the argument that the salary cap should maybe be more complicated, as in "all figures after tax"

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