Aaron_85
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 04.22.2014
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I don't disagree with that, but then what would then be the point of doing that if you were in turn going to take a haircut on your main salary, presumably for 8 years? - RickJames77
As I suggest in my recent post the Leafs talk to some of their "friends" in companies and set up deals where he's over compensated as a marketing figure. Maybe instead of $3,000,000 from Porsche he gets $4,000,000 because it bypasses escrow and the other league fees.
This is all speculation on my part but I don't put it past large organizations doing this type of thing. |
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RickJames77
Boston Bruins |
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Location: We’re Too Old, Boston Joined: 04.03.2013
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This 100% happens in real life. It's tax planning.
Essentially the Leafs can "introduce" Matthews to a few big companies and they sign larger deals with him than they normally would to offset his salary as a Leafs. By passing the union and escrow. (That's a big deal).
I recently helped set up a corporation for this to retain a high level manager. Set her up in her corporation so now she gets some more tax write offs and etc. - Aaron_85
They'll do that to attract stars, just for the purpose of making their team more appealing to FAs, etc, but I doubt it will result in them taking any home discount. Matthews will not sign for less than 10M just because of the advertising money he makes. |
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Aaron_85
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 04.22.2014
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If you play in Columbus you could probably have a new type of public restroom dispensed paper named after you though - TheMussel
The dream of all American kids. |
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Atomic Wedgie
Toronto Maple Leafs |
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Location: The centre of the hockey universe Joined: 07.31.2006
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he said that at the start of the season...don't know if it holds up still, but he did express interest in doing that - mgriffen
I'm happy to read any quotes you can provide, but I have no recollection of JVR stating he'd be willing to take less than market value to stay in Toronto.
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Aaron_85
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 04.22.2014
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They'll do that to attract stars, just for the purpose of making their team more appealing to FAs, etc, but I doubt it will result in them taking any home discount. Matthews will not sign for less than 10M just because of the advertising money he makes. - RickJames77
I would consider him taking 10 million a hometown discount. |
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mgriffen
Toronto Maple Leafs |
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Location: Toronto Joined: 02.01.2012
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This 100% happens in real life. It's tax planning.
Essentially the Leafs can "introduce" Matthews to a few big companies and they sign larger deals with him than they normally would to offset his salary as a Leafs. By passing the union and escrow. (That's a big deal).
I recently helped set up a corporation for this to retain a high level manager. Set her up in her corporation so now she gets some more tax write offs and etc. - Aaron_85
So...what you're saying is that the cap means nothing? |
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TheMussel
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 09.24.2013
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They'll do that to attract stars, just for the purpose of making their team more appealing to FAs, etc, but I doubt it will result in them taking any home discount. Matthews will not sign for less than 10M just because of the advertising money he makes. - RickJames77
Matthews is a new kind of player. I don't doubt that given the opportunity, he'd burst into the NHLPA offices and demand to play for free. |
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RickJames77
Boston Bruins |
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Location: We’re Too Old, Boston Joined: 04.03.2013
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As I suggest in my recent post the Leafs talk to some of their "friends" in companies and set up deals where he's over compensated as a marketing figure. Maybe instead of $3,000,000 from Porsche he gets $4,000,000 because it bypasses escrow and the other league fees.
This is all speculation on my part but I don't put it past large organizations doing this type of thing. - Aaron_85
I'm not disagreeing with that, but I don't think it's going to affect his salary negotiations. |
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Aaron_85
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 04.22.2014
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So...what you're saying is that the cap means nothing? - mgriffen
Yes considering the circumvention already happening around the league. |
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RickJames77
Boston Bruins |
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Location: We’re Too Old, Boston Joined: 04.03.2013
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Thanks Buston!!!!
- LordHumungous
Did you get bored with the lottery simulator? |
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mgriffen
Toronto Maple Leafs |
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Location: Toronto Joined: 02.01.2012
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I'm happy to read any quotes you can provide, but I have no recollection of JVR stating he'd be willing to take less than market value to stay in Toronto. - Atomic Wedgie
Fair enough, probably just speculation on his comment "I want to stay a Leaf" or whatever. I guess I just remembered the Simmonds' headline |
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Aaron_85
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 04.22.2014
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I'm not disagreeing with that, but I don't think it's going to affect his salary negotiations. - RickJames77
Oh my argument is that the Leafs have every right to use it in negotiating whereas you said they didn't.
Now, will it make him cheaper? I have no clue. Am I homer and wishing it will? Yes. |
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Atomic Wedgie
Toronto Maple Leafs |
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Location: The centre of the hockey universe Joined: 07.31.2006
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Regardless, it has nothing to do with him and his play for the Leafs. The team cannot use that as leverage, nor should they. It is his own business, not theirs. He should be paid what he deserves based on his play and not less because of any advertising deals he has with organizations outside of the Leafs.
If he wants to take less then good on him, but it's solely his decision. - RickJames77
Actually, they can.
When they were wining and dining Stamkos, they had the CEO of Canadian Tire (think Walmart, Lowe's and D!ck's Sporting Goods all rolled into one, but with the aisles smelling like maple syrup) sit in the MLSEL boardroom and talk to him about what they would be willing to do. |
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Atomic Wedgie
Toronto Maple Leafs |
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Location: The centre of the hockey universe Joined: 07.31.2006
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As I suggest in my recent post the Leafs talk to some of their "friends" in companies and set up deals where he's over compensated as a marketing figure. Maybe instead of $3,000,000 from Porsche he gets $4,000,000 because it bypasses escrow and the other league fees.
This is all speculation on my part but I don't put it past large organizations doing this type of thing. - Aaron_85
Matthews would make a great spokesperson for Bell Mobile.
Or Rogers Mobile.
Or Bell and Rogers mobile at the same time. |
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Aaron_85
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 04.22.2014
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Matthews would make a great spokesperson for Bell Mobile.
Or Rogers Mobile.
Or Bell and Rogers mobile at the same time. - Atomic Wedgie
I was thinking that but I wonder if it's collusion. |
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RickJames77
Boston Bruins |
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Location: We’re Too Old, Boston Joined: 04.03.2013
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Actually, they can.
When they were wining and dining Stamkos, they had the CEO of Canadian Tire (think Walmart, Lowe's and D!ck's Sporting Goods all rolled into one, but with the aisles smelling like maple syrup) sit in the MLSEL boardroom and talk to him about what they would be willing to do. - Atomic Wedgie
Ok sorry, not arguing that doesn't happen, but does that affect the actual salary number he gets? That is my point. I don't think it does.
I poorly "made" my point. |
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TheMussel
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 09.24.2013
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Actually, they can.
When they were wining and dining Stamkos, they had the CEO of Canadian Tire (think Walmart, Lowe's and D!ck's Sporting Goods all rolled into one, but with the aisles smelling like maple syrup) sit in the MLSEL boardroom and talk to him about what they would be willing to do. - Atomic Wedgie
I love Canadian Tire.
The other day I walked out of there with a Hockey stick, a roll of hockey tape, a set of 1/32" drill bits for my dremel, and a slotted spoon. |
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Atomic Wedgie
Toronto Maple Leafs |
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Location: The centre of the hockey universe Joined: 07.31.2006
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They'll do that to attract stars, just for the purpose of making their team more appealing to FAs, etc, but I doubt it will result in them taking any home discount. Matthews will not sign for less than 10M just because of the advertising money he makes. - RickJames77
Hey kid:
- Go to Arizona, sign a $10 milly per year deal (doubtful they end up paying you in full, because, you know, Arizona - might want to ask Gretzky about that) and top up your salary with an additional $12,000 in endorsement deals for the local Blimpy's
- or -
- Sign with Toronto for $8 million, and for the first 10 games of the season, I'll put your agent in the MLSEL Executive Suite before, during and after games to hobnob with Toronto's financial elite. You'll have $6 million per year in endorsements before they serve the chicken fingers in the first intermission. |
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RickJames77
Boston Bruins |
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Location: We’re Too Old, Boston Joined: 04.03.2013
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Ok sorry, not arguing that doesn't happen, but does that affect the actual salary number he gets? That is my point. I don't think it does.
I poorly "made" my point. - RickJames77 I think they'll use the advertising $ to lure someone to play in Toronto, but not in return trim their NHL salary. That is what I'm saying short and sweet.
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Atomic Wedgie
Toronto Maple Leafs |
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Location: The centre of the hockey universe Joined: 07.31.2006
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Ok sorry, not arguing that doesn't happen, but does that affect the actual salary number he gets? That is my point. I don't think it does.
I poorly "made" my point. - RickJames77
Please see above. |
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mgriffen
Toronto Maple Leafs |
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Location: Toronto Joined: 02.01.2012
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I love Canadian Tire.
The other day I walked out of there with a Hockey stick, a roll of hockey tape, a set of 1/32" drill bits for my dremel, and a slotted spoon. - TheMussel
lemme guess, the stick broke on the first shot, the tape was A+, drill bits were previously opened and possibly missing a few, and the spoon just won't hold up in the wash. |
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PatC80
Toronto Maple Leafs |
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Location: I would never let my children play hockey. The risk of getting drafted by Edmonton is too high", ON Joined: 08.11.2011
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Regardless, it has nothing to do with him and his play for the Leafs. The team cannot use that as leverage, nor should they. It is his own business, not theirs. He should be paid what he deserves based on his play and not less because of any advertising deals he has with organizations outside of the Leafs.
If he wants to take less then good on him, but it's solely his decision. - RickJames77
What if ScotiaBank throws some money at him? |
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.OHOH.
Toronto Maple Leafs |
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Joined: 07.30.2017
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This 100% happens in real life. It's tax planning.
Essentially the Leafs can "introduce" Matthews to a few big companies and they sign larger deals with him than they normally would to offset his salary as a Leafs. By passing the union and escrow. (That's a big deal).
I recently helped set up a corporation for this to retain a high level manager. Set her up in her corporation so now she gets some more tax write offs and etc. - Aaron_85
Matthews is going to get paid, PERIOD.
And his agent will get him the endorsement deals TOO.
Stop living in lala land! |
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Atomic Wedgie
Toronto Maple Leafs |
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Location: The centre of the hockey universe Joined: 07.31.2006
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I love Canadian Tire.
The other day I walked out of there with a Hockey stick, a roll of hockey tape, a set of 1/32" drill bits for my dremel, and a slotted spoon. - TheMussel
About ten years ago, I was wandering around, just looking at all the stuff in the middle of aisles that was on sale.
I bumped into my dad. He was doing the exact same thing as me, with a big smile on his face. |
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RickJames77
Boston Bruins |
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Location: We’re Too Old, Boston Joined: 04.03.2013
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Hey kid:
- Go to Arizona, sign a $10 milly per year deal (doubtful they end up paying you in full, because, you know, Arizona - might want to ask Gretzky about that) and top up your salary with an additional $12,000 in endorsement deals for the local Blimpy's
- or -
- Sign with Toronto for $8 million, and for the first 10 games of the season, I'll put your agent in the MLSEL Executive Suite before, during and after games to hobnob with Toronto's financial elite. You'll have $6 million per year in endorsements before they serve the chicken fingers in the first intermission. - Atomic Wedgie
And these grossly underpaid players are whom exactly? This could very well happen and sure as poop probably has, I admit it, but you think Matthews is going to take less than fair value on his contract? I sure as poop don't.
But really, who are these players that are taking significant discounts and raking in advertising dollars? |
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