Kawhi Signs With New Balance

duckbutta

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if im not mistaken:

Super Max with San Antonio - $219m (good lord:picard:)

Max with Toronto - $180m ($40m loss)

Max with another team - $140m (An extra $40m loss)

He has already lost $40m because of the trade, now you factor in taxes and whatnot he losing a lot of money right now, I can only assume

If he goes to LA or NY or Philly next season he would have lost a minimum of $80m :picard:

How is that a good strategy?:picard:

Yeah and like I said this is just the difference when you factor in state income tax federal tax, and deductions...I am sure their is much more than that...

I got to go up to parliament or the mounty or whatever they call Canadian government and talk to somebody about them taking OVER HALF MY MONEY as federal taxes though :gucci:
 

Maschine_Man

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Yeah and like I said this is just the difference when you factor in state income tax federal tax, and deductions...I am sure their is much more than that...

I got to go up to parliament or the mounty or whatever they call Canadian government and talk to somebody about them taking OVER HALF MY MONEY as federal taxes though :gucci:
Someone in Toronto is still paying less than someone in New York or California.
In fact the Canada tax situation is far overblown and has been proven to be for a long time. Which is why it’s hardly talked about anymore. The differences in taxes is negligible.

The Myth American Athletes Pay More Tax In Toronto Blown Away
 

duckbutta

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Someone in Toronto is still paying less than someone in New York or California.
In fact the Canada tax situation is far overblown and has been proven to be for a long time. Which is why it’s hardly talked about anymore. The differences in taxes is negligible.

The Myth American Athletes Pay More Tax In Toronto Blown Away

Breh the article I posted LITERALLY says this is not true anymore...:mjlol:


Therefore, it is important that teams in Canada use whatever tax saving vehicles may be available to their players to ensure their tax bills remain as low as possible. This includes planning to ensure they retain United States residency and the maximization of signing bonuses. From an NBA perspective, the Raptors still hold an advantage in retaining their own players since the CBA allows retaining teams to pay their players larger amounts for longer terms. However in an open field competition for free agents, the Raptors are at a tax disadvantage. So, when Jalen Rose of ESPN argues that players won’t want to play in Canada because, “They have to pay Uncle Sam AND the Queen,” sadly, the numbers now support his argument.

They literally wrote the article I posted to say "well that didn't use to be true but now in 2017 it is true":mjlol:

Your article references teams from 2013 and 2015

Uncle Dennis is that you :mjlol:
 

panopticon

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One of my homeboys pops died some years ago.
and he just pretty much lost it.
doing all kinda bizarre shyt.
he committed suicide like 2 years ago.
but watching him go through what he was going through was so sad man.
i hope Kawhi aint fukked up like that.
cause maybe his dads death is whats making him so recluse.
Good point.
 

KillbertArenas

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Wow.

The coli told me this summer that the Spurs were acting like slave owners and that Kawhi and Uncle Dennis were gonna go to a large market and get all this money.

Turns out Kawhi lost 100 million, a Jordan shoe deal, and his sports agency is MAGA heavy.

It was all good just a year ago

:wow:
Are you really surprised though?

Good portion of the coli are hidden trump supporters
 

mr. smoke weed

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Can you explain a little more about this? :jbhmm:not really familiar with NBA contracts tbh...by moving to Toronto he can't sign as big a contract as he would've in SA, right? And he's paying more taxes by playing in Canada than in the US?
Sports players have to pay taxes where they earn their money. Canada has a high income tax. Texas and I think florida have little to no state taxes, if I remember. Someone else can verify.
 
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