Stamkos isn't signing with any Canadian team for less than 12 million per.

^ what a dumb comment. I guess he will take 9 for an American team, but his hometown team better pay up. hard to take someone with "leafhater" in their title seriously

Bad enough to make such as is supposedly such a dumb comment, but then not having the thought to add a comment why he would make such a statement. Sounds like politican," I know what's wrong, but I am don't have any answers to what is right." (quinnjj comment)

Stamkos isn't signing anywhere for that. American or Canadian.

Not really. It would be shocking if he accepts less money to play in Canada. The difference in tax rates is substantial. I have seen the numbers and they aren't promising if he wants to get paid market value.

All contracts are in american dollars, as it stands a $10,000,000 contract in Toronto would pay $12,900,000 in Canadian dollars. The difference in tax rates between Florida (lowest tax in the NHL) and Toronto is far lower than 29% thus making it more financially feasible to accept less money to go to Canada.

You're right leafs1967. Taxes that most many pro athletes pay is LESS in Canada.
Here's the lesson. Pro athletes do not pay taxes like mortal people. Their salary is paid into their personal corporation. It is not personal income tax. Canadian corporate tax rate is 15%, the US corporate tax rate is 35%.
Only when a money is withdrawn from this corporate to pay the "employee", that money is a personal tax. A guy making $ 600,000 might have a good portion of good portion of his taxes paid to him as personal income tax
A "entertainer" making $ 10 million. lets says wants to spend 1 million a year. He has withdraw lets say 1.75m in Canada to do clear 1 million. In Florida he might have to withdraw 1.5m to have 1 million in net personal income tax. But he has another 8m a year invested and taxed at 15% in Canada, 35% in the US.
With the all the other income a player makes, the amount he can put in his "corporation" is substantial. I know a NHLer who has played 12 years in the NHL. ALL of NHLhis salary has gone into his corporation. He has lived on the "side" income to pay for his household expenses....house, cars, raising a family.

Not sure where you are going with this. I trust tax experts who have been consulted over you, though. You are definitely wrong.

http://www.torontosun.com/2016/04/12/taxing-issue-for-nhl-players-when-it-comes-to-contract-offers

You have to remember that there will be issues with cross border taxation. Corporations in the US are taxes higher than personal taxes (in most cases). In Canada, it is the opposite. Lots to consider here...

Lmfao free tax lessons in CapFriendly, I could see Stamkos signing in TO, but I really don't think TO is paying market price, they'll get him at a discount or not at all, and that's exactly what I'd want them to do

Stammer will probably sign anywhere in the 9-11M range (USD). It not a matter of money with Stamkos's next contract though. Yes he's going to want close to fair value but its going to be more important where does he want to spend the next 7 years of his career? If his choices come down to NJ @ 11M, Tor @ 10M or Ari @ 10.5M, he most certainly is going to consider T.O since its his hometown team. The only chance he goes below market value is if he wants to stay in TB with a team that will be a perennial cup contender and is proving it again this year.

Not sure where you are going with this. I trust tax experts who have been consulted over you, though. You are definitely wrong.[/quote]

I'm saying that the Canadian dollar is so low that it makes Canada a more attractive free agent destination if players are strictly looking at dollars.