Wanted everyone's take on this. Do Florida, Tampa, and Dallas really have that much of an advantage over other teams when it comes to signing free agents?
Wanted everyone's take on this. Do Florida, Tampa, and Dallas really have that much of an advantage over other teams when it comes to signing free agents?
37 comments
Tennessee doesn’t have income tax either. And we sucked ass this year lol
If it were really that big of an advantage, Tampa would have been the 2 seed in the Atlantic and the Battle of Florida would have been in the second round, and Dallas would have beat Edmonton
No one complained about it when the Lightning and Panthers stunk.
“Wanted everyone’s take on this.” Redditors can’t seem to stop talking about this for 30 seconds and none of them even understand it
Haters are gonna Hate.
I know I’m comparing apples to oranges but I’ve always felt this was a weak argument. NBA is/was dominated by higher income state tax places (California).
what big free agents have the florida teams stolen because of their income tax?
and why haven’t Seattle, Dallas, Nashville, and Vegas also exploited this cheat code?
Paul Bissonette has also said he’d prefer a “soft cap” over the current hard cap system. He doesn’t actually want parity and fairness. He just wants whatever gives his favorite team in Toronto an advantage.
Unfortunately Paul and many nhl players do not understand the tax code of the various jurisdictions. They have no idea.
Any good accountant can mitigate much of the tax burden depending on the jurisdiction including Canada.
In the grand scheme of things it doesn’t matter for the VAST majority of nhl markets.
What matters are federal income taxes in the US, which are the same across the board. Not state taxes. States get you in other ways if they don’t have a state income tax.
I think the “No salary cap in the post-season” problem should be addressed. The income tax thing isn’t that much of a problem.
Orlando and Miami are dogcrap in NBA. No state tax doesn’t help them
It’s a talent acquisition issue
If anything the LTIR loophole needs to be talked about more than this, both Cup Finalists have 24-25 man rosters of NHL caliber players rather than AHL black aces
Nashville and Seattle have no state income tax, look where they finished this year
Tampa Bay was at the bottom of standings after the ’04 lockouts up until 2014 and Florida was irrelevant for a much longer time period than that
Edmonton is in the Cup Final for the second year in a row, does that mean Alberta teams should be penalized too?
I’m sure Biz will also bring up disparities in player endorsement deals based on market size right??
Not really, free agents usually just want to win. Good teams attract quality free agents because they want to compete. Florida and Tampa have been good, so why wouldn’t you want to play for a competitive team?
I still remember when a bunch of star players wanted to play for the Red Wings, do you really think it was because of taxes or because Detroit is some paradise? Obviously not.
Dolphins suck, Marlins suck, Jaguars suck, Magic suck, Rays suck, Panthers sucked forever,
It’s not the income tax it’s the organization. Texas has no income tax either and the Oilers just whooped the Stars.
You have to be good still. Florida was ass for a long time with a state tax. The cap going up as aggressively as it is will even things out
People just can’t accept Florida panthers are the best team in the nhl
NHL fans love complaining about things they don’t have a rounded view on.
When I think I understand an issue like this one, I learn another wrinkle. For example, I just recently read (in a comment in this sub) that players are taxed on where they play per game. Is that true?
No talk of this when the panthers were bottom feeders/extremely ass/crumbs at the bottom of a bag of chips of the league
This conversation again
No one ever brings this up when these teams are losing.
If you look at the actual take home, it isn’t like a player is banking in these states. Taxes are very complicated and are based on where you are playing. If you are playing an away game, you pay the taxes in that area. For the players of the four teams, they get a tax break in just over half the games. You think the players would have more of an issue with escrow rather than taxes.
The CBA should also address the favorable weather in Florida compared to other markets too. It’s just not fair that a free agent would prefer to live in Miami over Winnipeg.
/s
No shit
The NFL had to do this because the Dolphins kept winning Super Bowls.
Yes, the state income tax is why the Miami Dolphins are perennial Super Bowl favorites.
When Marner signs in Vegas or Nashville for 12M start the f’n investigation.
It’s been discussed for years. The cap needs to consider income tax rates AND the USD/CAD exchange rate. A team like Montreal should probably have a 15-20% higher cap than Florida.
Tbh I would rather see the NHL address the lack of sportsmanship and respect shown by some Florida players (Bennett and ekblad especially) with the constant elbows and forearms to the head. It is sad to see a talented team win games in such a dishonourable way. And please don’t give me the crap about playoff hockey.
Are we pretending that any player wanted to go to Sunrise Florida in 2018? Is that what we are doing?
Don’t forget Vegas
If they made contracts shorter there’d be more movement throughout the league and it’d partially mitigate this problem.
This goes against the so called parity the salary cap was supposed to guarantee.
The fact that the league doesn’t think this is a big deal proves they are a terrible business with bullshit standards.
Just like the officiating and suspension disparity the nhl is a joke
They should just fix the salary cap with after-tax dollars. It would level all the teams in america and Canada.
Salary cap should be based on net pay.
It’s the equivalent to having somewhere between 10-20 mil on the cap, that’ll only grow as the cap goes up. So basically, every team is like Minnesota with the Suter+Parise buyout compared to non state tax teams.
Just gotta say, funny how no one ever even mentioned this before the Florida teams (esp. Panthers) started winning.
This clown is such a wanker.