Players discuss it every offseason when they are do for new contract or UFA.
- nyrangers2

Thank you.

Ok so you can't show any free agent that NY missed out on... Thanks


https://youtu.be/G3KywWPY5zQ
- mdw7413

They missed out on a lot recently because they (frank)ing stink.

Jokes aside, I get where you're coming from but the tax thing isn't some made-up argument. Agents are finding more creative ways to get their players under contract in cities that have high tax rates, most notably the bullpoop weasel-work that the Leafs did with Matthews.

Frankly, that's going to be a loophole that big market teams, not unlike the one you root for, with lots of free cash can exploit to sign big ticket free agents that may have otherwise signed somewhere with a lower tax rate. There's no reason on earth the Rangers can't offer Panarin $77M over 7 years but actually only sign him for something like $1M/year in salary and the rest would just be a comically-massive signing bonus check that he collects once a year on July 1st. This is, of course, assuming the signing bonus is taxed less than his "regular" income would be.

Vegas might change the game on this because they are building a legit hockey market. You know I'm on team MDW on the no state tax thing not being an issue in any sport. However, I don't think there has been a market quite like Vegas has been building. It would be like if the Panthers packed their building every night. A destination city that actually has fans.
- 2sticks1puck

Those teams basically have more salary cap room if a said player takes less, he’ll take less because of no state tax. It’s an issue, it’s clear as day.

It’s all Trumps fault!!

#triggered

Fight me you maggots

https://www.capfriendly.c.../armchair-gm/team/1130465

They missed out on a lot recently because they (frank)ing stink.

Jokes aside, I get where you're coming from but the tax thing isn't some made-up argument. Agents are finding more creative ways to get their players under contract in cities that have high tax rates, most notably the bullpoop weasel-work that the Leafs did with Matthews.

Frankly, that's going to be a loophole that big market teams, not unlike the one you root for, with lots of free cash can exploit to sign big ticket free agents that may have otherwise signed somewhere with a lower tax rate. There's no reason on earth the Rangers can't offer Panarin $77M over 7 years but actually only sign him for something like $1M/year in salary and the rest would just be a comically-massive signing bonus check that he collects once a year on July 1st. This is, of course, assuming the signing bonus is taxed less than his "regular" income would be.
- eichiefs9

Idk how that works with NY spefically.

Those teams basically have more salary cap room if a said player takes less, he’ll take less because of no state tax. It’s an issue, it’s clear as day.

It’s all Trumps fault!!

#triggered
- Slimtj100

I wasn't gonna go that route. But it's an advantage for sure.

Idk how that works with NY spefically.
- tomburton99

Yeah I'm not an accountant so if the taxes aren't significantly less for a signing bonus vs. a regular pay check then I suppose it's a moot point. But if it's similar to Toronto than the Rangers can easily level the playing field against the no-income-tax states.

They missed out on a lot recently because they (frank)ing stink.

Jokes aside, I get where you're coming from but the tax thing isn't some made-up argument. Agents are finding more creative ways to get their players under contract in cities that have high tax rates, most notably the bullpoop weasel-work that the Leafs did with Matthews.

Frankly, that's going to be a loophole that big market teams, not unlike the one you root for, with lots of free cash can exploit to sign big ticket free agents that may have otherwise signed somewhere with a lower tax rate. There's no reason on earth the Rangers can't offer Panarin $77M over 7 years but actually only sign him for something like $1M/year in salary and the rest would just be a comically-massive signing bonus check that he collects once a year on July 1st. This is, of course, assuming the signing bonus is taxed less than his "regular" income would be.
- eichiefs9

There's no doubt that it isn't a 100% made up issue, I just haven't seen it become a thing as much as people would like you to believe. I think in terms of resigning guys, it could help those teams, because the incentive to leave becomes a little less. However, you have to admit the only team in any sport that regularly signs free agents in a no tax state is the Cowboys. I guess the Rockets have been better in recent years, but you don't see these players going to no state tax teams in mass.

Salaries going up could change that, but I won't believe in it until I see it on a regular basis.

Yeah I'm not an accountant so if the taxes aren't significantly less for a signing bonus vs. a regular pay check then I suppose it's a moot point. But if it's similar to Toronto than the Rangers can easily level the playing field against the no-income-tax states.
- eichiefs9

But I'm pretty sure if you work in the city you get taxed twice. City and State tax. And if you live in New Jersey you get triple (frank)ed, because of course Jersey has to have their hand out as you give them something.

There's no doubt that it isn't a 100% made up issue, I just haven't seen it become a thing as much as people would like you to believe. I think in terms of resigning guys, it could help those teams, because the incentive to leave becomes a little less. However, you have to admit the only team in any sport that regularly signs free agents in a no tax state is the Cowboys. I guess the Rockets have been better in recent years, but you don't see these players going to no state tax teams in mass.

Salaries going up could change that, but I won't believe in it until I see it on a regular basis.
- 2sticks1puck

No, I don't think it's a massive thing and it absolutely does get overblown, but it's still an issue that you see players avoiding. Not necessarily by signing in states that don't have income tax, but the fact that Matthews' camp did some gymnastics to work around it is evidence that it's absolutely a topic that concerns players enough to mention.

It's noteworthy enough to mention, but it's not the only deciding factor.

Fight me you maggots

https://www.capfriendly.c.../armchair-gm/team/1130465
- eichiefs9

I'm more upset you got Hayes to give you such a discount. Gusev is solid, but I'm not sure why you wanted to trade Beauviller

I'm more upset you got Hayes to give you such a discount. Gusev is solid, but I'm not sure why you wanted to trade Beauviller
- 2sticks1puck

What are you expecting Hayes to get on the open market? I can't imagine he's much over $6M. Maybe I could have put him down for six bills on that armchair GM thing, but I don't think that he's going to get too much more than that.

I love Beauvillier but Gusev is a stud. Beauvillier has a lot of skill and a motor that doesn't stop but he's been inconsistent so far and he's one of the better trade chips the Isles have. This all, of course, assumes that Gusev didn't just come over to Vegas for the playoffs with the intention of running back to Russia when they're over.

But I'm pretty sure if you work in the city you get taxed twice. City and State tax. And if you live in New Jersey you get triple (frank)ed, because of course Jersey has to have their hand out as you give them something.
- tomburton99

Jersey is such a terrible place, you have to pay just to leave. Maybe one day, when I hit the powerball I can run far far away.

What are you expecting Hayes to get on the open market? I can't imagine he's much over $6M. Maybe I could have put him down for six bills on that armchair GM thing, but I don't think that he's going to get too much more than that.
- eichiefs9

I think he gets 6.5-7. I know that's an overpayment, but he is the second option for centers after Duchense. That's why I think Brock Nelson is a much better option for us (and you)

What are you expecting Hayes to get on the open market? I can't imagine he's much over $6M. Maybe I could have put him down for six bills on that armchair GM thing, but I don't think that he's going to get too much more than that.

I love Beauvillier but Gusev is a stud. Beauvillier has a lot of skill and a motor that doesn't stop but he's been inconsistent so far and he's one of the better trade chips the Isles have. This all, of course, assumes that Gusev didn't just come over to Vegas for the playoffs with the intention of running back to Russia when they're over.
- eichiefs9

Not enough

Idk how that works with NY spefically.
- tomburton99

I know first hand that my big fat bonus check is chopped to pieces every year. I doubt it changes for someone making WAY more than me.

Not enough
- mdw7413

To bad he'll spend it on on Kitkats and gummy bears.

To bad he'll spend it on on Kitkats and gummy bears.
- tomburton99

And pot brownies

But I'm pretty sure if you work in the city you get taxed twice. City and State tax. And if you live in New Jersey you get triple (frank)ed, because of course Jersey has to have their hand out as you give them something.
- tomburton99

If you work in NYC, you pay Fed/State/City taxes. If you live in NJ, you pay those taxes upfront. When you file your taxes, NY gives you a refund for the taxes you paid, but you owe NJ. Net the two out and that's the savings you get.

And pot brownies
- Slimtj100

I bet he totally vapes

I know first hand that my big fat bonus check is chopped to pieces every year. I doubt it changes for someone making WAY more than me.
- Bean_Dip

You're late. The tax issues isn't real. I made it up. I'm like agent 0 of chemtrails on taxes in the NHL. Call me "ChemTax"

And pot brownies
- Slimtj100

- jimbro83

Scarred

I think he gets 6.5-7. I know that's an overpayment, but he is the second option for centers after Duchense. That's why I think Brock Nelson is a much better option for us (and you)
- 2sticks1puck

Trotz loves Nelson and Lou isn't going to want to wait until July 1st just to be left with his Richard in his hand when a center walks for the 2nd year in a row...so I assume they'll probably lock Nelson up.

I do have a hard time seeing Hayes getting near $7M though. But I guess you never know, depends on who's interested and how desperate they are.

To bad he'll spend it on on Kitkats and gummy bears.
- tomburton99

More like Goldfish...i remember that is all he had in his cabinets for food