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smithers joe

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  • Birthday 09/24/1938

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    halfway to heaven

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    smithers joe
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    september 2nd 2009

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  1. smithers joe

    i don't understand why some contracts contain mostly signing bonus money and little

    actual salary. it all counts against the cap, doesn't it?

    1. Show previous comments  5 more
    2. Shift-4

      Shift-4

      Time value of money. Players want cash up front. 

       

    3. Shift-4

      Shift-4

      lol @-AJ-

       

    4. Drive-By Body Pierce

      Drive-By Body Pierce

      They are able to take the signing bonus as a large lump sum, once a year, and invest it a certain way that reduces the percentage of tax taken (in Canada).

       

      John Tavares was going through a legal battle over it not too long ago, if I'm not mistaken.

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