Chris18 wrote:
I don't know how relevant this still is, but when Craig Ludwig came to the Isles in 1990 he said he'd never play for another Canadian team because of the pay vs exchange rate. Does the exchange rate now get taken into account with the salary cap? Seems like it would, but this is the NHL and they always seem to fuck something major up.
I feel like Canadians are more patient than American fans. NYers certainly. I mean, none of the Canadian teams have won in 30+ years yet the buildings are almost always full. You guys will watch shitty teams.
I'd think owners would want to win, and with the Cap, they all have to spend pretty close to each other, so it's not like Canadian owners can really cheap out on the roster salary. Do they do it elsewhere? Scouting? Minor league teams?
Players on Canadian teams are paid their equivalent salary. 8x$10M is US so they'd get $10M US in Cdn dollars.
Also, they have this:
Quote:
Financial advisers recommend their high-income clients, such as professional athletes, use a vehicle called a Retirement Compensation Arrangement (RCA) to help offset high income taxes. In basic terms, an RCA allows an individual to sock away up to half of their salary each year and delay accessing it until retirement, when the individual may well be living somewhere else and paying a far lower tax rate.
https://www.theglobeandmail.com/investi ... -canadian/ And given that they pay state rates in the places where they play on the road for half of the season, the actual disadvantage that everyone loves to claim ends up being a lot less than nearly every fan makes it out to be.