Zee said:
mr grieves said:
CarltonTheBear said:
Erndog said:
Curious, why is something like $27M of the deal in signning bonuses? His NHL salary each year is like $1M or $2M.... he gets big signning bonuses each year.
Just wondering if anyone knows why they (or Clarkson's agent) structured the deal that way.
(Bozak has $2M each season in signning bonus as well).
Richard Peddie actually talked a little about this on twitter the other day. I meant to mention it but forgot. Apparently when Grunwald was the Raptors GM he started to structure contracts like that because it's much more benefical to a player when it comes to taxes. So that way the Raptors would be on a more even playing field with some of the American teams that have better tax breaks.
So, David Clarkson loves the Leafs and loves the great city of Toronto... just not its schools, hospitals, roads, or parks.
So now you've made the leap in logic that Clarkson pays $0 in tax. Any other way you bash the Leafs moves this summer? I'm not quite sure where on the fence you stand with these moves.
Oh dear, calm down. $0? Certainly not. Very well might be a lower rate than you or me, though. I honestly don't really care -- David Clarkson will provide more value to me, at society, than a hedge fund manager, doctor who runs a medical imaging clinic, or a lot of others who avoid their taxes. I just enjoy the irony of civic pride without civic support.
Now all this whining about "bashing"... Well, at some level, I wish my thoughts on the off-season were at fungible as your own. I take it we'll never see that hat eaten, huh?