[DeDominicis] There has been a lot of talk recently about the tax advantage of no-tax states. I don’t think it’s as big of an advantage as it’s made out to be at times BUT… I think to the players it matters. Peterka on a German podcast this week brought it up & discussed the NYS taxes.

25 comments

  1. Trying to find more context about the podcast he was on but either way this is probably not the most ideal thing for him to be talking about needing a contract.

    I guess I don’t expect the players to ignore it or be dumb either. Could be a nothing burger but there is just enough smoke around Peterka potentially being on the move.

  3. Oddly enough, in Madden, when trying to get free agents, income tax is a big reason why some players won’t want to play in certain states. So it’s a big enough factor that EA noticed it.

  4. Taxes in this area a massively out of line for what WNY is. I will never disagree with that.

    That said… JJ, you would pay sooooo much more in Germany, like bro what?

  5. Interesting that Peterka brings this up. His agent is Allan Walsh who has talked about how state income tax doesn’t really matter with appropriate financial planning.

  6. If players are worried about what state they play in based on taxes, then they need to fire their accountant.

  7. I feel like if we were able to win some more games this wouldn’t be a big deal but no one wants to pay more taxes just to be on a team that doesn’t win.

  8. It’s time to flip Peterka. His value is high and we have a ton of skilled wingers on the team or in the pipeline.

    I’d like to add a C so we can play Thompson on the wing. Maybe do a Peterka for Byfield trade.

  11. Well the teams that play in no state income tax also give a shit about their teams and do their best to make players want to play their and and not be comfortable with 6-7th place year after year

  12. How many players don’t understand that new York taxes are only a small amount of their tax adjustment? Poyer thought he would save half bis paycheck by not playing in NYS and was flabbergasted to find out the bulk was federal

  13. The cap should be adjusted for state tax and currency differences.

  14. Why is this a complaint in hockey more than any other sport? Lower salary cap? Fewer high paid players? Most crybaby fans?

    The Bills can succeed… but the Sabres can’t? The Eagles can win a SuoerBowl… but the Flyers situation is unfair?

    Don’t Bills players face the same tax reality as Sabres players? I mean… it’s not like the Dolphins and Raiders and Cowboys are winning Super Bowls every year lol

    Like most perceived issues in sports, it really boils down to the front office. Sunshine and lesser taxes may help, but the fact the Lightning, Panthers and Golden Knights simply have better, more aggressive and more serious front offices than most in hockey.

  15. It’s definitely easy to work around when you just have an adjustable salary cap based on take-home pay.  Problem solved.

    The NHL just doesn’t see it as I important.

  16. There was an After the Whistle a while ago where Peters and Rivet were talking about the advantage of playing in Buffalo versus other big markets.

    One of them said they knew guys playing for NYC teams who, despite big contracts, didn’t have much money (comparatively) because they spent so much on rent living in Manhattan.

    Whereas in Buffalo, you get a lot of house for your money and can live comfortably (at that income level).

    Income tax, property tax, sales tax … these aren’t nothing but you’re gonna pay one way or another, wherever you are.

  17. Nobody said this for the 25 years when the Panthers sucked. There’s some truth but it’s not an absolute decider. Players also play half their games on the road and are taxed in whatever jurisdiction that is. Players want to play n winning teams

  18. Anyone else gets the feeling that peterka actually does want out

  19. The Name of the Podcast is 
    “Eis und Leben”. I think there are only short clips on Youtube. I can try to explain the question he was asked. It was only a small part in the contract questions.
    They asked him if he thinks it matters for players how high taxes are. He answered that he thinks that if you are free to decide where you can play it can make a difference but it is difficult to change that. 
    For what it matters.I don’t think there was anything that would indicate that he wants to get traded. Because of the changes in the office of the sabres he doesn’t expect contract negotiations to start very soon and they might 
    last the whole summer.

  20. Does this mean we have to stop teasing Kevy for saying that it’s hard to draw players to Buffalo!!?!?

  21. Rangers players have to pay 3.8% NYC tax on top of NYS taxes and they have absolutely no problem attracting and keeping players there. It’s much less of a factor for these young guys than being in a big city playing for a premier team that wins and competes for titles is.

  22. They could easily allow for contracts to reflect this in negotiations for the next cba

  24. It seems like it wouldn’t be that hard for the Salary cap to be calculated by gross wages on some level. At least with the only permissible wage deduction being state/national tax discrepancies. Would that work? Or would it make it harder to be an owner in a tax state?

  25. Sure, but this only matters if your team sucks. Manage the team better and produce results. Then players will look past it. If Florida had taxes people would still play there because of the weather. Plenty of players go to Edmonton or the rangers. The answer is winning ( not that the rangers win a lot but at least they have competed recently). People will look past the money if serious playoff consideration exists.

Leave a Reply