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MattJVD

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    [Signing] Canucks re-sign Elias Pettersson, Quinn Hughes

    in Trades, Rumours, Signings

    Posted · Edited by MattJVD

    35 minutes ago, ABNucksfan said:

    I don't think Florida is necessarily tax free, more like low taxes… there are laws and ways in Canada around taxes that work in our favour as well, they are just not as straightforward and take a player who is more interested in saving as opposed to living the highlife and spending now. 

    Florida does not have a state income tax, but the Federal income tax of course still applies. So do property, sales tax, etc. 

     

    It's not quite as lop-sidded as some make it out to be though. An NHL player's income is deemed earned at the location the game in played. So for Tampa only half of their income (okay, slightly more than half with away games in other states without state income tax) is in the lowest tax jurisdiction.

    2021 Training Camp Thread

    in Canucks Talk

    Posted

    1 hour ago, deus.ex.makina said:

    Samuelsson, Higgins, Raymond, Hansen, Burrows to your top 6... it was a good support cast but not even close to what we have today and not enough to win anything. 

    The 2009/10 team had all 6 top 6 forwards score 25+ goals. That has never happened (on any team) since then.

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    Travis Hamonic l #27 l D

    in Alumni

    Posted · Edited by MattJVD

    1 hour ago, GarthButcher5 said:

    When you say flaky I hope you are talking about the blogger because to me this is about as flaky of an article as I have ever seen. Not a single source quoted or referenced and just pure speculation. 

    Yeah, "nhltraderumors(dot)me" is not a legit source.

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    2021 Training Camp Thread

    in Canucks Talk

    Posted

    11 minutes ago, NUCKER67 said:

    I would imagine even if Hamonic comes back, is he in shape? Not sure what his situation is or has been, but if it's family related he may not be sticking to a strict workout and diet routine. 

     

    Really excited to see what kind of season Petey and Hughes have - both seem charged and focused on playing. After signing new big contracts they'll want to prove they deserve the money.

     

    The stars could be aligning in VAN.

     

    Boeser, Horvat, Hoglander and Demko are all very good and aren't making huge money yet. Podkolzin, Gadjovich, Lockwood and Rathbone are real good, cheap rookies about to take the next step. These savings allow VAN to have Pearson, Garland, Myers, Hamonic and... Miller - who provides such passion and energy when he's on. A real leader. Ekman-Larsson finally getting an opportunity to play for a team in a hockey market. Not to mention Petey and Hughes who are going to want to prove themselves even more this year.

    That's a good question. When he opted out of the bubble playoffs, he said there were stretches where he didn't leave his daughter's side 24/7, he slept on the floor in her room. Not a lot of time for training/skating.

     

    Now, none of us know if it's the same situation this Fall, but that's a possibility.

    2021 Training Camp Thread

    in Canucks Talk

    Posted

    26 minutes ago, stawns said:

    then why doesn't he take draws if he's a cman?  They threw him to the wolves last year a bit and he wasn't very good.  I do think he'll get there, he just isn't there yet.  He needs to improve his face off skills and bulk upif he wants to be a legit top line cman.  

     

     

    The C is supposed to engage on the boards less in the offensive zone, cover the net front, and cover for defencemen when they go to the corner in the D zone, make entries and exits through the middle of the ice, has a higher degree of decision-making responsibilityfor directing where the play goes. Centres have a lot of important duties. Miller takes the draws simply because he's better it and it plays to his strenths. Petey is better at just about everything else a C does. And Miller is better at the increased board-work required of a winger. 

     

    Miller takes the draw, then plays LW during the play.

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    Coronavirus outbreak

    in Off-Topic General

    Posted

    I was pondering over policy ideas and this popped into my head: Legislative ammendedment to the tax code of a 10% across the board income tax increase that expires at the end of the 2024 tax year. And a tax credit that fully offsets the increase if you provide proof of vaccination. 

     

    Don't want the shot? Fine, but then you're paying for all the extra doctors, nurses, and ICU beds we need.

    • Like 1

    confessions

    in White Noise

    Posted · Edited by MattJVD

    On 9/4/2021 at 12:08 PM, Salacious Crumb said:

    I am an alcoholic. Today is day one of detox. Any support is very much welcomed. If anyone would like to pm me and chat that would be great too.

    I hope you're doing well 3 weeks in, and I hope you have some good support around you! Booze is a cruel bitch and a fearsome enemy. It's not just 'grit' and 'will power' that's needed to defeat it, we need treatment. What that treatment is will be different for each of us, but I sincerely hope you find what you need. 5 years and 88 days sober myself, I feel you 

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    2021 Training Camp Thread

    in Canucks Talk

    Posted

    20 minutes ago, Locke Lamora said:

    Yes, OEL was hanging pretty good with his group for the first couple of runs of the bag skate. But he REALLY hit the wall hard on the final run.

     

    Olli was already lagging behind on the first run and by the last…well, y’all saw.

     

    Its possible, but it’s also just speculation that Olli may be suffering COVID effects. But it’s a plain ol fact that he looked like the least conditioned athlete out there today. By a large margin.

     

    I see the OJ defence force putting in the work here, but my eyes confirmed to me that I’m not out of bounds with my take on the player today.

    My vote is he went overboard when he was celebrating being back with his team mates the night before. These young guys aren't used to hangovers yet.

    Elias Pettersson | Quinn Hughes - Contract Discussion Thread

    in Canucks Talk

    Posted

    11 hours ago, Timråfan said:

    Is it the same for swedes? Might explain why Petey webt to Michigan. 

    I don't think so, but I'd have to dig into the actual treaty. I'm like 70% sure it only applies to US citizens who are deemed US residents for income tax purposes, but it migh be any US resident (regardless of nationality). Petey would have to move to the US and spend his whole offseason there though

    Elias Pettersson | Quinn Hughes - Contract Discussion Thread

    in Canucks Talk

    Posted

    1 minute ago, JoshuaGuy said:

    Can anyone forward this to Benning? Thanks in advance. 

    Sometimes I wonder if the "hold out" is not a hold out at all. Quinn is just trying to rack up his days as a US resident (after playing in the Canadian Division in 2021) so that the signing bonus he receives on this deal can be eligible for that tax treatment. Remember, the tax year is a calendar year and not a hockey season.

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    Elias Pettersson | Quinn Hughes - Contract Discussion Thread

    in Canucks Talk

    Posted

    I think Hughes can be done long term and not at a rediculously high cap hit. Why? How signing bonuses are treated under the Canada/US tax treaty. 

     

    Now, normally any signing bonus is taxed as regular employment income in Canada. But under the treaty, US residents who are being paid by a Canadian firm are taxed at the LOWER of their marginal tax rate, or a flat 15% on signing bonuses. To be eligible for this, Quinn just needs to reside in the US for more than half of the year, and team road trips to the US count. If he resides in Michigan for the whole offseason, plus the regular road trips, he'll clear this no problem.

     

    If we want Hughes at 8x8, that can be massively front loaded with signing bonuses. He could easily get a 12+ million signing bonus in year 1 and actually take home 10+ million of it. Invested correctly, that 10+ million bonus will grow enormously over the course of his contract and beyond. Over the course of his deal, that 64 million could easily be worth 80, (after tax!) if the deal is structured correctly.

     

    I wonder how much of the hang-up is convincing ownership to let them go wild with signing bonuses.

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