Cap adjustment for provincial/state/federal taxes
Old 07-28-2010, 01:18 PM   #1 (permalink)
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Cap adjustment for provincial/state/federal taxes

With preliminary negotiations for a new Collective Bargaining Agreement underway, I wonder if there has been any talk of adjusting the cap for teams like Toronto (whos players pay more taxes living in Canada and therefore have to overpay for all their free agents) or Miami (whose players pay less taxes and can therefore sign 3 superstars to less than maximum contracts and all the roles players they need for the bare minimum). Kinda seems unfair, eh? Miami, Orlando, San Antonio, Houston, and Dallas (might be missing some, not sure) all hold a clear advantage over the rest of the league in this regard, whereas Toronto gets screwed. Im surprised this doesnt get more publicity cuz its one of the main reasons we are always overpaying. Its bad enough that we arent American in a free agents mind, but now they make less on the same contract if they sign with Toronto? Would you sign here? People wonder why BC is struggling after doing so well in Phoenix; well he probably feels pretty frustrated at working from a disadvantage for the last 4 yrs. This'll probably never change, either, as theres only 1 team getting screwed over, a handful of teams with an advantage, and no one else gives a shit. I dont even know if MLSE gives a shit, because any change could possibly result in them compensating for this out-of-pocket which probably wouldnt fly. I wish we had Mark Cuban - he wouldnt let this shit slide if Dallas' players were paying out their asses in taxes.

Anyway, I'll stop ranting. Just wondering what you guys think... any solutions? Any chance anything gets done? Anyone got Sterns cell number?

Last edited by canada_rocks2369; 07-28-2010 at 01:36 PM.
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Old 07-28-2010, 01:31 PM   #2 (permalink)
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The current cba allows us to compensate for tax differences. It's not a huge deal, and Toronto has better taxes than most American states anyway.
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Old 07-28-2010, 10:17 PM   #3 (permalink)
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how does the current cba compensate for tax differences? ive never heard of any such compensation, tho i could be wrong.
i have heard mention of miamis ability to sign players for less cuz of their leniant tax system but that could just be commenters w/o actual knowledge of the system in place. ive also heard toronto players, chris Bosh specifically among them, complain how it hurts to see their paycheques with all the taxes being deducted from them.
im really no expert and would love to hear some clarification in this regard, perhaps there is a system in place to deal with this issue....

Last edited by canada_rocks2369; 07-28-2010 at 10:21 PM.
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