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Forums :: Blog World :: Ben Shelley: Islanders shouldn't use an offer sheet
Author Message
JohnScammo
New York Islanders
Location: Coming to a jail near you
Joined: 10.14.2014

Jul 9 @ 10:36 AM ET
I'll applaud him if I'm at that game. Unfortunately I think Lenher will be pissed and probably shut out the Isles.
- JimmyP

He may be pissed at Lou and Isles' management, but he won't be pissed at the fans. He's smart enough to know the difference. I think he will appreciate the fans, as they show their appreciation for him.
niteislander
New York Islanders
Location: NY
Joined: 01.13.2010

Jul 9 @ 10:46 AM ET
I actually tried to wade through some of that Forbes article you posted, but I did not scrutinize it enough to reach the conclusion you did. I just remember reading at the time that the Islanders offered him roughly the same dollars per season that the Leafs offered ($11 MM), but over 8 years, not 7.
- JohnScammo


The bonus portion of the contract getting taxed at a much less rate than ordinary income in U.S. (37% over 500k.) was a big difference. He made a lot more signing in Toronto. He makes more on the bonus he already got paid alone than he would have made on the 8 year Isles contract. Then he would still get the salary of 1 mill a year, whatever he gets for that 8th year after this contract is done, whatever he makes on the Money he now already has in the bank from bonus, .. and obviously he is making $ doing commercials and sht in Canada.
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 10:49 AM ET
I actually tried to wade through some of that Forbes article you posted, but I did not scrutinize it enough to reach the conclusion you did. I just remember reading at the time that the Islanders offered him roughly the same dollars per season that the Leafs offered ($11 MM), but over 8 years, not 7.
- JohnScammo

He's correct, the bonus money gets taxed at an insanely-lower rate in Canada than regular income does. He/the article is also correct about it being lockout-proof. He gets all his money, basically, up front and if/when a lockout occurs then he only loses minimal salary.

Look at his actual base salary vs. the signing bonus money every year

niteislander
New York Islanders
Location: NY
Joined: 01.13.2010

Jul 9 @ 11:07 AM ET
He's correct, the bonus money gets taxed at an insanely-lower rate in Canada than regular income does. He/the article is also correct about it being lockout-proof. He gets all his money, basically, up front and if/when a lockout occurs then he only loses minimal salary.

Look at his actual base salary vs. the signing bonus money every year


- eichiefs9


we actually agree on something? wtf
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 11:07 AM ET
we actually agree on something? wtf
- niteislander

Right is right
JohnScammo
New York Islanders
Location: Coming to a jail near you
Joined: 10.14.2014

Jul 9 @ 11:17 AM ET
He's correct, the bonus money gets taxed at an insanely-lower rate in Canada than regular income does. He/the article is also correct about it being lockout-proof. He gets all his money, basically, up front and if/when a lockout occurs then he only loses minimal salary.

Look at his actual base salary vs. the signing bonus money every year


- eichiefs9

I also think I saw in that article that Toronto even had an advantage over Tampa, tax-wise, despite the fact the Florida has no income tax. I wonder if Stamkos realized this when he re-upped with Tampa?

OK, now I think we Islander fans owe Tavares a big apology for lobbing snakes at him. Can we hold an appreciation day for him?
Cptmjl
New York Islanders
Joined: 11.05.2011

Jul 9 @ 11:21 AM ET
I also think I saw in that article that Toronto even had an advantage over Tampa, tax-wise, despite the fact the Florida has no income tax. I wonder if Stamkos realized this when he re-upped with Tampa?

OK, now I think we Islander fans owe Tavares a big apology for lobbing snakes at him. Can we hold an appreciation day for him?

- JohnScammo

We should have a day for him and Oleg Kavasha. Let’s not forget the booing Oleg endured.
Flexingtheshaft
New York Islanders
Location: NY
Joined: 06.21.2015

Jul 9 @ 11:24 AM ET
Bottom line is Nielsen, okposo, Martin, halak, Macdonald, parentau and count less other ufa's got standing ovations when they came back because they didnt say for over a year

"This is the only place I want to be this I my home dont trade me I love it hear I want to win a cup here"

That's it

God damn can we stop talking about this guy already


eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 11:39 AM ET
One of the people complaining about Belmont suggested they use the land for this:



RogerRoeper
Toronto Maple Leafs
Location: Toronto, ON
Joined: 03.27.2007

Jul 9 @ 11:39 AM ET
Also not true.. sorry to pick on you. According to the Forbes article I posted earlier he ended up getting about $20 mill more over the legnth of the contract b/c of the Bonus $ tax rate in Canada. It's only taxed at 15 ish % which is why that contract was all up front Bonus $ and then basically league minimum for 7 years.. ish. It also protects PJ boy from lock out.
- niteislander


The one thing about that is, the 15% applies to Matthews, as he is a U.S citizen and resides in Arizona. I wonder if it did to Tavares since he was Canadian?
Leafs signing bonuses are very underrated. It's actually a bigger deal than Floirda's taxes always talked about.

eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 11:41 AM ET


Vukota
New York Islanders
Joined: 06.29.2007

Jul 9 @ 11:41 AM ET
One of the people complaining about Belmont suggested they use the land for this:




- eichiefs9

I also read one of these Q&A’s on twitter and it sounds like you won’t be allowed to tailgate in the parking lot
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 11:44 AM ET
I also read one of these Q&A’s on twitter and it sounds like you won’t be allowed to tailgate in the parking lot
- Vukota



I'll believe that one when I see it
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 11:44 AM ET


Translation 1-116: lol eat poop
Vukota
New York Islanders
Joined: 06.29.2007

Jul 9 @ 11:45 AM ET


I'll believe that one when I see it

- eichiefs9

😂😂😂 somebody said they are gonna have something set up outside for the tailgaters but it will be like 12 bucks for a beer
Vukota
New York Islanders
Joined: 06.29.2007

Jul 9 @ 11:46 AM ET


Translation 1-116: lol eat poop

- eichiefs9

😂😂😂
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 11:46 AM ET
😂😂😂 somebody said they are gonna have something set up outside for the tailgaters but it will be like 12 bucks for a beer
- Vukota

Yeah watch me roll up with a big gulp that's 95% filled with vodka
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 11:46 AM ET


Asking the real important questions
JohnScammo
New York Islanders
Location: Coming to a jail near you
Joined: 10.14.2014

Jul 9 @ 11:47 AM ET
We should have a day for him and Oleg Kavasha. Let’s not forget the booing Oleg endured.
- Cptmjl

No-leg Kvasha. Thanks for the memories.
JohnScammo
New York Islanders
Location: Coming to a jail near you
Joined: 10.14.2014

Jul 9 @ 11:48 AM ET
One of the people complaining about Belmont suggested they use the land for this:




- eichiefs9

Why not have both? Then we can train the bees to sting Pajama Boy.
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 11:49 AM ET
Why not have both? Then we can train the bees to sting Pajama Boy.
- JohnScammo

"The beekeeping area will be designated as, and quarantined to, the visitor's locker room within the arena"
Vukota
New York Islanders
Joined: 06.29.2007

Jul 9 @ 11:50 AM ET


Asking the real important questions

- eichiefs9

Reading some of these and the complaints have been facking hysterical
potvin05
New York Islanders
Location: Snow's World (I just live in it), NY
Joined: 06.21.2008

Jul 9 @ 11:50 AM ET
No-leg Kvasha. Thanks for the memories.
- JohnScammo

At least his best games were usually against the Rangers. The problem was...well...every other game.
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 9 @ 11:51 AM ET
Reading some of these and the complaints have been facking hysterical
- Vukota

I love how most of these morons keep referring to the retail village as a "mega-mall". It's 315k sq ft and Roosevelt Field is 2M sq ft
JohnScammo
New York Islanders
Location: Coming to a jail near you
Joined: 10.14.2014

Jul 9 @ 11:52 AM ET
"The beekeeping area will be designated as, and quarantined to, the visitor's locker room within the arena"
- eichiefs9

Or bring them into the arena and train them to sting Josh Bailey and Andrew Ladd when they glide around the ice.
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