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WHY MATTHEWS WILL LEAVE

Créé par: Cardiac
Équipe: 2024-25 Maple Leafs de Toronto
Date de création initiale: 14 août 2022
Publié: 14 août 2022
Mode - plafond salarial: Basique
Description
So the max allowable contract under the CBA is 20% of the salary cap at the time of signing. I am assuming here that the salary cap will be 87.5m which means a max contract offer would be 17.5m AAV. Using CapFriendlys income tax calculator (https://www.capfriendly.com/income-tax-calculator/auston-matthews), it can be seen that Matthews would be making more money in every single market that is not in Ontario. And that is on the current year of his contract where he will have a base salary of 750k and a signing bonus of 7.2m. Assuming Matthews signs a deal similar to Matt Tkachuk, 1m in base salary and the rest in bonus’s (which makes the contract near buyout proof), Matthews would be netting $8,161,850 per year on a max contract in Toronto before escrow and agent fees. If Matthews were to sign the exact same contract in Nashville (the best city for a contract of that type), he would be netting $10,626,066 a year. That means that a 7 year contract of 17.5m in Nashville and an 8 year contract of 17.5m in Toronto, matthews would be netting $65,294,800 total in Toronto and $74,382,462 total in Nashville or a difference slightly over $9m despite the fact that matthews is signed for an extra year.

Matthews has brand deals in Toronto but ones that can easily be replaced in America. Of his 7 main deals, two are Toronto based, scotia bank and bet99. Bet99 can be replaced by any of the sports books in America. Scotia bank is different but I doubt matthews isn’t able to find somebody who pays him similarly in America.

Matthews could be offered 17.5m by Toronto and a deal with the same structure for 15m, is more lucrative for matthews in 14 other organizations, all based in the states. Of those 14 teams, the ones I see being the best bets for a matthews signing are Arizona, Dallas, and Seattle. AZ and SEA are imo the ones who have to do the least to get Matthews. DAL would have to clear some cap to get Matthew’s but it is very possible. There are other good bets as well with vegas who I doubt anybody wants to sign with but matthews could be there because of the mix of brand deals and base salary. Detroit is always a possibility as well with Steve Yzerman. And LA is the most comparable to Toronto in terms of tax dollars as there is only a 1% difference in total money brought home based on contract but the brand deals could be much more lucrative in LA.

***DISCLAIMER***
I know it’s not all money but from a pure monetary standpoint, it makes the most sense for Matthew’s to leave. The brand deals don’t cover the difference of playing somewhere else. Matthews I believe will leave as it’s common for American stars to leave Canadian markets as of late and there isn’t anything that makes Toronto different. Toronto isn’t a super desirable location to play for based on numbers alone. The area doesn’t do it much better. “But we have the best fan base” I don’t doubt you have the largest fan base but is that what players want? Guadreau went from being recognized by everybody in Calgary to likely not having anybody know him in Columbus. Hockey players in Canada are treated like movie stars in LA. Some may not like that lifestyle.

Monetarily, matthews loses money every year he plays in Toronto and leaving could net him millions while also having him play in a more desirable location for him.

THIS IS ALL SPECULATION AND I COULD BE WRONG

Anyways let me know your thoughts and why or why not matthews would leave

Team explanation:
LW: the team matthews signs with and the amount he signs for
C: what he nets per year before agent fees and escrow which is a constant
RW: how much more Matthews makes a year compared to Toronto
Signatures de joueurs autonomes
UFAANSCAP HIT
817 500 000 $
CRÉÉANSCAP HIT
MATTHEWS, NETS
18 161 850 $
MATTHEWS, NETS
110 626 066 $
MATTHEWS, NETS
110 623 600 $
MATTHEWS, NETS
110 622 826 $
MATTHEWS, NETS
19 839 281 $
MATTHEWS, NASHVILLE
717 500 000 $
MATTHEWS, VEGAS
717 500 000 $
MATTHEWS, SEATTLE
717 500 000 $
MATTHEWS, ARIZONA
717 500 000 $
MATTHEWS, TORONTO
715 000 000 $
MATTHEWS, NASHVILLE
715 000 000 $
MATTHEWS, VEGAS
715 000 000 $
MATTHEWS, SEATTLE
715 000 000 $
MATTHEWS, ARIZONA
715 000 000 $
BAR, BAR
11 111 111 $
BAR, BAR
11 111 111 $
MATTHEWS, NETS
17 000 100 $
MATTHEWS, NETS
19 109 851 $
MATTHEWS, NETS
19 107 392 $
MATTHEWS, NETS
19 106 615 $
MATTHEWS, NETS
18 436 573 $
0000, 00000
1775 000 $
HOW MUCH MORE, MATTHEWS MAKES
12 464 216 $
HOW MUCH MORE, MATTHEWS MAKES
12 461 750 $
HOW MUCH MORE, MATTHEWS MAKES
12 460 976 $
HOW MUCH MORE, MATTHEWS MAKES
11 677 431 $
HOW MUCH MORE, MATTHEWS MAKES
12 109 750 $
HOW MUCH MORE, MATTHEWS MAKES
12 107 292 $
HOW MUCH MORE, MATTHEWS MAKES
12 106 515 $
HOW MUCH MORE, MATTHEWS MAKES
11 436 473 $
BAR, BAR
11 111 111 $
0000, 0000
1775 000 $
Enfoui
Repêchage1e ronde2e ronde3e ronde4e ronde5e ronde6e ronde7e ronde
2023
Logo de TOR
Logo de TOR
Logo de OTT
Logo de TOR
Logo de TOR
2024
Logo de TOR
Logo de TOR
Logo de TOR
Logo de TOR
Logo de TOR
Logo de TOR
Logo de OTT
2025
Logo de TOR
Logo de TOR
Logo de TOR
Logo de TOR
Logo de TOR
Logo de TOR
TAILLE DE LA FORMATIONPLAFOND SALARIALCAP HITEXCÉDENTS Info-bulleBONISESPACE SOUS LE PLAFOND SALARIAL
3387 500 000 $303 744 890 $0 $0 $-216 244 890 $
Ailier gaucheCentreAilier droit
Logo de Maple Leafs de Toronto
17 500 000 $17 500 000 $
C
UFA - 4
0000, 00000
775 000 $775 000 $
MATTHEWS, NASHVILLE
17 500 000 $17 500 000 $
HOW MUCH MORE, MATTHEWS MAKES
2 464 216 $2 464 216 $
MATTHEWS, VEGAS
17 500 000 $17 500 000 $
HOW MUCH MORE, MATTHEWS MAKES
2 461 750 $2 461 750 $
MATTHEWS, SEATTLE
17 500 000 $17 500 000 $
HOW MUCH MORE, MATTHEWS MAKES
2 460 976 $2 460 976 $
MATTHEWS, ARIZONA
17 500 000 $17 500 000 $
MATTHEWS, NETS
8 161 850 $8 161 850 $
HOW MUCH MORE, MATTHEWS MAKES
1 677 431 $1 677 431 $
BAR, BAR
1 111 111 $1 111 111 $
MATTHEWS, NETS
10 626 066 $10 626 066 $
BAR, BAR
1 111 111 $1 111 111 $
MATTHEWS, TORONTO
15 000 000 $15 000 000 $
MATTHEWS, NETS
10 623 600 $10 623 600 $
0000, 0000
775 000 $775 000 $
MATTHEWS, NASHVILLE
15 000 000 $15 000 000 $
MATTHEWS, NETS
10 622 826 $10 622 826 $
HOW MUCH MORE, MATTHEWS MAKES
2 109 750 $2 109 750 $
MATTHEWS, VEGAS
15 000 000 $15 000 000 $
MATTHEWS, NETS
9 839 281 $9 839 281 $
HOW MUCH MORE, MATTHEWS MAKES
2 107 292 $2 107 292 $
MATTHEWS, SEATTLE
15 000 000 $15 000 000 $
BAR, BAR
1 111 111 $1 111 111 $
HOW MUCH MORE, MATTHEWS MAKES
2 106 515 $2 106 515 $
MATTHEWS, ARIZONA
15 000 000 $15 000 000 $
MATTHEWS, NETS
7 000 100 $7 000 100 $
HOW MUCH MORE, MATTHEWS MAKES
1 436 473 $1 436 473 $
MATTHEWS, NETS
9 109 851 $9 109 851 $
MATTHEWS, NETS
9 107 392 $9 107 392 $
MATTHEWS, NETS
9 106 615 $9 106 615 $
MATTHEWS, NETS
8 436 573 $8 436 573 $
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14 août 2022 à 16 h 53
#1
Let Him Cook
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toronto gives 12x8 to matthews when the time comes
14 août 2022 à 16 h 54
#2
Dave Keon Fan
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This is great work and probably the best example of how absurd taxes are in Ontario
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14 août 2022 à 16 h 56
#3
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Quoting: jake4leafs


Why would he takes cut when he specifically signed a deal that would take him to a prime ufa deal
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14 août 2022 à 16 h 57
#4
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That’s actually kinda crazy the difference in money. Great work with this.
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14 août 2022 à 16 h 59
#5
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Wow you sure care a lot
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14 août 2022 à 16 h 59
#6
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Banni
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Quoting: ReginaSask
This is great work and probably the best example of how absurd taxes are in Ontario


Honestly the only ones close in the NHL are the California taxes and all Americans know how bad those are. For there to be a difference of 14% between the location of one teams income tax vs the location of another shows how the NHL may need a salary cap rule change. I think an adjusted cap would be much more fair for teams as it doesn’t give Florida teams a major advantage. Nashville having a cap at $82.5m is the same as Toronto having a $94m cap. Pretty unfair but it is much more simple to just have the same cap hit for every team.
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14 août 2022 à 17 h 0
#7
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Quoting: Claesson4Norris
Wow you sure care a lot


Nah I just find it interesting and would like to share my findings smile
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14 août 2022 à 17 h 7
#8
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The signing bonus money is key, players can take those large lump sums of cash and invest it to make more $$$ than taking the regular pay check style.

I'm sure the investment money profit doesn't balance out the tax money loss, but still it's another factor.

Also all the rich need to do is spend a few grand on a good accountant and they walk away paying less tax than the normal man.

The tax the rich motto always fails because the rich can find the loopholes the normal people can't.
14 août 2022 à 17 h 9
#9
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lol if you think rich people in canada and other higher tax states pay taxes like normal people
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14 août 2022 à 17 h 13
#10
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Quoting: JaredOfLondon
lol if you think rich people in canada and other higher tax states pay taxes like normal people


Do you think the rich people in the states pay taxes like normal people? If there is a 14% difference between the 2, I would imagine there is a similar difference between the 2 when it comes to finding loop holes and all that. Not going to be linear but expect there to be a difference nonetheless.
14 août 2022 à 17 h 20
#11
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Banni
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Quoting: draft_em_sign_em_trade_em
The signing bonus money is key, players can take those large lump sums of cash and invest it to make more $$$ than taking the regular pay check style.

I'm sure the investment money profit doesn't balance out the tax money loss, but still it's another factor.

Also all the rich need to do is spend a few grand on a good accountant and they walk away paying less tax than the normal man.

The tax the rich motto always fails because the rich can find the loopholes the normal people can't.


Signing bonus definitely is more lucrative because the money is upfront. I do acknowledge that it isn’t black and white like this makes it out to be but this is the start. One makes more than the other upfront but there is still taxes on the signing bonuses. It would be a nice loophole to get players to sign with you if you have worse taxes to just put most the money in a SB. There are so many aspects to the game and money is a key one that isn’t talked about as much. Sure you talk about AAVs and contracts but most don’t get into the deeper aspects. This was mainly to show the deeper aspect and when you peel back layers, it makes sense to leave. Sure he won’t be paying the 53% that this displays it as but if he has a similar quality accountant, he should be netting less playing in Toronto rather than somewhere else. There are more aspects to it but this is a rough outline of the netted money.
14 août 2022 à 17 h 25
#12
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Quoting: Cardiac
Do you think the rich people in the states pay taxes like normal people? If there is a 14% difference between the 2, I would imagine there is a similar difference between the 2 when it comes to finding loop holes and all that. Not going to be linear but expect there to be a difference nonetheless.


Rich people everywhere dont pay taxes like normal people, especially rich people who hace connections to other countries where they can store their cash and assets. It doesnt matter where they actually live or 'pay' their taxes. Anyone who knows anything about taxes knows that.
14 août 2022 à 17 h 29
#13
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Quoting: Cardiac
Signing bonus definitely is more lucrative because the money is upfront. I do acknowledge that it isn’t black and white like this makes it out to be but this is the start. One makes more than the other upfront but there is still taxes on the signing bonuses. It would be a nice loophole to get players to sign with you if you have worse taxes to just put most the money in a SB. There are so many aspects to the game and money is a key one that isn’t talked about as much. Sure you talk about AAVs and contracts but most don’t get into the deeper aspects. This was mainly to show the deeper aspect and when you peel back layers, it makes sense to leave. Sure he won’t be paying the 53% that this displays it as but if he has a similar quality accountant, he should be netting less playing in Toronto rather than somewhere else. There are more aspects to it but this is a rough outline of the netted money.


I agree, an American playing in Canada like Matthews, must wonder why ? Am I doing this.

I get screwed in the Canadian tax system and I'll live so far away from "home".

Dubas understand the signing bonus trick, both Marner and Matthews signed for 750K per year, rest in SB, so they can invest $$$ or buy a new house, all paid upfront every year, to play the ever increasing housing market profit margin.
14 août 2022 à 17 h 54
#14
Xercuses
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I ain’t reading all that
I’m happy for you tho or sorry that happened

Nah Fr tho it’s crazy what taxes do to ya
Cali taxes suck too
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14 août 2022 à 17 h 56
#15
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Quoting: xercuses
I ain’t reading all that
I’m happy for you tho or sorry that happened

Nah Fr tho it’s crazy what taxes do to ya
Cali taxes suck too


Lmao. I’m seeing what an adjusted salary cap would look like and cali and Ontario would have like 94m as a cap hit which is nuts.
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14 août 2022 à 17 h 59
#16
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Quoting: JaredOfLondon
Rich people everywhere dont pay taxes like normal people, especially rich people who hace connections to other countries where they can store their cash and assets. It doesnt matter where they actually live or 'pay' their taxes. Anyone who knows anything about taxes knows that.


Dude I’m agreeing with you. I’m saying the base difference though is there and translates to the loopholes. There is a reason why business owners have land in Delaware. It Varys everywhere but no matter what loopholes you have, you are likely paying less in the states as opposed to Canada. End of discussion.
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14 août 2022 à 18 h 8
#17
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Quoting: Cardiac
Dude I’m agreeing with you. I’m saying the base difference though is there and translates to the loopholes. There is a reason why business owners have land in Delaware. It Varys everywhere but no matter what loopholes you have, you are likely paying less in the states as opposed to Canada. End of discussion.


and Im saying matthews, or any hockey player, does not have to live or play in the states for that to matter. He could load all his money into the British virgin islands if he really wanted to. So your entire point on taxes is moot because it doesnt matter what crest is on the front of his jersey
14 août 2022 à 18 h 17
#18
Red Deer Is Superior
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Modifié 14 août 2022 à 20 h 31
This is very solid work and goes with everything I’ve been telling every Leaf who’s given us crap over Gaudreau and Tkachuk. Their day is coming although income tax isn’t the problem.
14 août 2022 à 18 h 18
#19
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Quoting: JaredOfLondon
and Im saying matthews, or any hockey player, does not have to live or play in the states for that to matter. He could load all his money into the British virgin islands if he really wanted to. So your entire point on taxes is moot because it doesnt matter what crest is on the front of his jersey


Apparently someone forgot to tell Dadonov
14 août 2022 à 18 h 25
#20
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Quoting: MikeKeenanHatesMe
Apparently someone forgot to tell Dadonov


well he signed in canada for 3 years on his last deal of his own accord, so if he has an issue with a place, it's probably not taxes
14 août 2022 à 18 h 41
#21
LongtimeLeafsufferer
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Modifié 14 août 2022 à 18 h 51
Again you get into this fantasy about "personal income" taxes. Why do you NHL players are subject to personal taxes on their whole salary. Why do you think Matthews pays Ontario or even Canadian taxes? Never hear about any player signing or traded to the Jays or Raptors complaining about more taxes, but the tax experts on CapFriendly think it's an issue.

Now I don't think Matthew is resigning with the Leafs, but certainly the reason isn't going to be taxes.

I know of one former NHL who made about 20m is his NHL career. He never touched any of "salary" and lived on other incomes the NHL and sponsors. Almost all of that 20m and more was sheltered in his "corporation"

Nice chart but doesn't meet the reality check of what "entertainers" pay in taxes.
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14 août 2022 à 18 h 46
#22
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Matthews current contract is mostly off-season signing bonuses, so he can declare that income in Arizona. There's no reason his next deal won't be structured the same way.
14 août 2022 à 19 h 17
#23
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Banni
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Quoting: palhal
Again you get into this fantasy about "personal income" taxes. Why do you NHL players are subject to personal taxes on their whole salary. Why do you think Matthews pays Ontario or even Canadian taxes? Never hear about any player signing or traded to the Jays or Raptors complaining about more taxes, but the tax experts on CapFriendly think it's an issue.

Now I don't think Matthew is resigning with the Leafs, but certainly the reason isn't going to be taxes.

I know of one former NHL who made about 20m is his NHL career. He never touched any of "salary" and lived on other incomes the NHL and sponsors. Almost all of that 20m and more was sheltered in his "corporation"

Nice chart but doesn't meet the reality check of what "entertainers" pay in taxes.


I do agree I don’t know the inner workings but I use the tools I have. I’m using cap friendlys calculator to determine all this. I think it’s an issue because money is money. Sure realistically they aren’t paying over 50% like most residents of Ontario but is it absurd to say that there is a difference there? The MLB and NBA also aren’t as cap conscious as the NHL. All but 4 NBA teams are projected over their salary cap. The MLB has massive disparity between the top teams and bottom teams in terms of payroll. The Os have 65m in payroll. The Yankees have 390m in payroll. That is 6 times more. Neither are really comparable to the NHL as both of the Toronto teams are either over the salary cap or well above league average in terms of what they pay their players. It’s different for sure but I would say matthews could leave because of the money tbh. I want to get smarter with it so I do study it but as of now, that’s all I have seen in terms of salary.
14 août 2022 à 19 h 18
#24
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Quoting: Cardiac
Do you think the rich people in the states pay taxes like normal people? If there is a 14% difference between the 2, I would imagine there is a similar difference between the 2 when it comes to finding loop holes and all that. Not going to be linear but expect there to be a difference nonetheless.


A signing bonus isn't taxed the same as salary
14 août 2022 à 19 h 21
#25
torontos finest
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rich people should pay more taxes
 
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