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Thread: 2019 Off-Season Thread: We Got This Bread, Man

  1. #741
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    Quote Originally Posted by Future View Post
    Yes - last spring.

    I would ride a bus for $3 million for two years if it meant knowing my kid was taken care of.
    Maybe; is 6M more going to make the difference if you've got 20M in the bank already?
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  2. #742
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    Quote Originally Posted by Future View Post
    Yes - last spring.

    I would ride a bus for $3 million for two years if it meant knowing my kid was taken care of.
    His kid is taken care of.

  3. #743
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    Quote Originally Posted by G1000 View Post
    Maybe; is 6M more going to make the difference if you've got 20M in the bank already?
    Yes.
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    You could set up 50 nieces and nephews for life with that cash, among limitless other things. He's collecting.

  5. #745
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    he's dreaming of being bought out so he could sign another contract for couple of mills a season.

  6. #746
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    Quote Originally Posted by G1000 View Post
    Maybe; is 6M more going to make the difference if you've got 20M in the bank already?
    A lifestyle burn-rate of $30,000/month requires at least $500K/year considering taxes to be paid. $6M translates into funding that lifestyle for about 6-7 years after tax...and allows that $20M to grow without touching the principle. Yup. He’ll want that money. Everyone would.

  7. #747
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    Quote Originally Posted by 4EverRangerFrank View Post
    A lifestyle burn-rate of $30,000/month requires at least $500K/year considering taxes to be paid. $6M translates into funding that lifestyle for about 6-7 years after tax...and allows that $20M to grow without touching the principle. Yup. He’ll want that money. Everyone would.
    Why would he need to pay taxes, again? It's already taxed when he gets paid.

  8. #748
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    ^Maybe I didn't state it clearly...point made was that he doesn't give up the opportunity to collect that sum.

  9. #749
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    Really hard to believe nobody wants Shattenkirk, yet it only takes a 4th round pick to get a cap strapped team like Toronto to take on David Clarkson? I am beyond confused by this trade.

    Edit: This cleared it up: https://www.sportingnews.com/us/nhl/...j1uaautsg82dxp

    Smart by the Leafs.
    Last edited by rmc51; 07-24-2019 at 11:41 AM.

  10. #750
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    Quote Originally Posted by rmc51 View Post
    Really hard to believe nobody wants Shattenkirk, yet it only takes a 4th round pick to get a cap strapped team like Toronto to take on David Clarkson? I am beyond confused by this trade.
    Clarkson will go on LTIR and not have a cap hit.

  11. #751
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    Quote Originally Posted by 4EverRangerFrank View Post
    ^Maybe I didn't state it clearly...point made was that he doesn't give up the opportunity to collect that sum.
    What's the federal tax rate in CA if there is one? Don't players lose at least 50% right off the bat here in the US. So the starting point for their US accumulated contracts is half of the publicly announced value.

  12. #752
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    for that amount he'll get taxed around little less than 40% including state tax. In NY that is

  13. #753
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    Quote Originally Posted by rmc51 View Post
    Really hard to believe nobody wants Shattenkirk, yet it only takes a 4th round pick to get a cap strapped team like Toronto to take on David Clarkson? I am beyond confused by this trade.

    Edit: This cleared it up: https://www.sportingnews.com/us/nhl/...j1uaautsg82dxp

    Smart by the Leafs.
    Isn't this the definition of "cap circumvention"? How is the league letting this trade happen?

  14. #754
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    Quote Originally Posted by Kevin View Post
    Isn't this the definition of "cap circumvention"? How is the league letting this trade happen?
    No. LTIR rules have been in place for ages. They even precede the current CBA and existed in a similar fashion under the prior.
    "Everyone says you should be a good loser. If you’re a good loser, you’re a loser."
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  15. #755
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    Quote Originally Posted by Phil in Absentia View Post
    No. LTIR rules have been in place for ages. They even precede the current CBA and existed in a similar fashion under the prior.
    Cant someone of you guys living in NY go and find
    Smith and break his legs? Dont even think he would be mad.


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  16. #756
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    Quote Originally Posted by Kevin View Post
    Isn't this the definition of "cap circumvention"? How is the league letting this trade happen?
    It is cap circumvention, it's just a loophole in the rules.

  17. #757
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    It's not circumvention. It's just a creative use of an CBA factor that's been in place for like a decade.
    "Everyone says you should be a good loser. If you’re a good loser, you’re a loser."
    - John Tortorella


    "Never be a spectator of unfairness or stupidity. Seek out argument and disputation for their own sake; the grave will supply plenty of time for silence."
    - Christopher Hitchens

  18. #758
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    its a loophole and we don't like loopholes

  19. #759
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    Hank should really get a second opinion on that knee.

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  20. #760
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    Feels like something has to give tomorrow. I know the buyout window is Wednesday, but I'd be a bit surprised if they drag it out all the way until then. Either a trade or a buyout needs to happen.

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