Toronto Maple Leafs get positive rating for off-season moves, is there a no state tax advantage?
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- Опубликовано: 6 авг 2024
- The Toronto Maple Leafs get a good rating from the Athletic for their off-season moves but how do they compare to other teams? Mike DiStefano and David Morassutti discuss the report that the AHL is expanding its playoffs and wonder if the NHL would consider doing the same down the road. Plus, Alex Meruelo is officially done with the NHL. Mike and Dave move on to discuss the ongoing talk about the advantage no-tax states have when it comes to recruiting players and whether it's something the league is going to have to figure out. To end the show, Mike and Dave look at how the Athletic gave the Leafs off-season moves a strong rating and why they think it's being looked in a positive way.
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I almost spit my coffee out when you said Keefe was “hot and horny for a good tinkering” 😂😂 I love it! My brother always called him tinker bell haha.
I've listened to about 6 hours total of this content and all I gotta day is there's no way David isn't drunk
Absolutely have to even it out. Every no-tax state team should have a “tax effect” reduction in their salary cap amount. That way there is no advantage for those teams against all other teams. Obviously it would have to be added to the CBA, but take the average state/provincial tax rate and apply it to every team’s salary total in a no tax state to “add in the state tax effect on those salaries.
Wild idea. No cap at all.
Too fucking bad if your revenue sucks...welcome to the real world.
One way to level the playing field is to give the other teams higher cap room than teams in the no tax states.
They can set the cap structure so it's an after tax income.
People can say what they want about the Phoenix/Arizona Coyotes, but i would like to formally thank them for introducing young kids like Matthew Knies and Auston Matthews to the game of hockey. If there were no team in Arizona, Auston Mathews might be slugging it out in the MLB right now instead of scoring 60 goals for the Leafs 🤷😃
Hey boys, long time listener and a CPA with years of experience with expat taxes.
Lots of misguided discussions on the taxes conversation, but in my opinion, the easiest way to even the playing field would be similar to a tax equalization.
Essentially, every player has two tax returns. The first, their real one, the second would be equalized to a single state in the US (likely NHL headquarters). This return would be for the cap calculation. This way teams in Canada with a higher tax rate would be able to pay players a bit more while not having the same cap hit (difference being the actual tax amount vs the hypothetical return).
In the end this might cost a bit more in tax prep fees, but would be huge for equality in the league.
Or, you take a tax adjusted income for the salaries they have on their contracts and apply an average tax rate on no-tax state payrolls to gross up their salaries under the cap. You can’t have two sets of tax books because Gary Bettman will never have anything other than one cap # for all teams. So you have to effectively reduce the no-tax state’s salary cap by the average state tax rate on their contracts. Effectively you reduce their cap, rather than giving other teams an expanded cap amount. But there is an answer.
@@robm9999good points and a good suggestion. I agree it’s hard to see the league have a variable cap.
Really it comes down to adjusting the cap to flatten out the tax impact.
My thought was he’d rather punish the Canadian teams (make them spend more and expand their cap).
@@DeeZee9 knowing how GB operates, punishing CAD teams would be in line with those expectations. But regardless of the way it goes, some fairness needs to enter the picture. And right now teams with no state or in the awe of Alberta, prov income tax have a significant advantage over teams who have state/provincial income tax.
Easy, you sign for a percentage of the cap, not a hard number. Youre traded, you still make the same % of the cap on whatever the adjusted cap is for your next team.
Please Mr. David Morassutti, eye contact is the way to go!! Why can't you look into the camera to help keep your audiences attention at all times not only when you are speaking. Mike refers to you by your first name and no sir you cannor look him into the eyes!! Lol i know it's petty in my part but it's just a suggestion. Cheers!!
He's just blasted bro. Legalized marijuana.
It is petty and obnoxious
Why is it that the Oilers and Rangers can build championship level team? Is it the tax or bad GMs who over pay for their star players? Sounds like an excuse to me.
Oilers are in Alberta which has no Provincial income tax.
@@robm9999 Non of the teams in California, New York, New Jersey have any problem signing players, and they have the highest taxes in the States. I also don't see other Canadians teams overpaying for stars to the degree Toronto does. Is it really a tax issue?
@@nerinamak3298 how many stars did the Habs sign? Or Winnipeg? Or even Calgary? It’s not the Leafs, they can afford to be more creative to get players. It’s a no-tax vs taxed jurisdiction issue, and that issue is real. the Leafs pay more because of the 100% 24 hour a day intrusion into your personal life that the media creates of playing in Toronto. Players expect some compensation for that misery. But for Taxes, go ask Brian Burke if it’s an issue. He had been consistent for years that a Canadian. Team will never win the cup due to the tax issue and tax discrepancy. He has been a GM in three different CDN (Van, Cal, Tor) markets and at least 2 (Ana. And Pit) US markets. I’d say he has greater knowledge of the discrepancies and issues than anyone else on this matter.
@@robm9999 you see here’s the problem, you’re team is paying stars like Nylander, Marner and Tavares superstar money
@nerinamak3298 and it's because the have to...or nobody signs.
No tax states have such an advantage. To make it fair they needs to lower the cap on those states in proportion to tax %. Problem fixed
Designated franchise player exemption
10 million in Toronto is really only 6-7 million a year Mathews does not get paid the most money highest cap hit but not highest take hame Stamkos 8 million takes more money home then any leafs players do.
The Leafs are the same, imo. They will be lucky to make the playoffs. Assuming they are keeping Marner, they would be better off not making the playoffs, this should force the promised "Bold Moves".
the Leafs ALWAYS make the playoffs....ain't no "luck"
probably one of the stupidest "takes" ever. missing is never an option dummy
@@MySundin13 Ok, Where did you buy that crystal ball? it must have been made in 2016, because before that they sucked, so not "always".
@@vt1340Why are you responding here? You are not a Leaf fan.
@@vt1340Are you clueless? Clearly always refers to the core 4 era.