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[Signing] Guentzel signs with TBL


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Posted (edited)

Not sure why he didn’t take the Canes’ offer? Less years, and money.

 

I also think the Hurricanes are closer at winning the Stanley Cup, than the Lightning are. 

Edited by shiznak
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8 minutes ago, shiznak said:

Not sure why he didn’t take the Canes’ offer? Less years, and money.

 

I also think the Hurricanes are closer at winning the Stanley Cup, than the Lightning are. 

There’s that Florida tax free state advantage again. North Carolina is only 3.5% individual tax rate, but compared to none in Florida can add up to big difference. On gross of $7M is $245,000. Guessing contract is structured with some years where the salary is much higher than that, so the tax implications could be significant between the two states. 

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2 minutes ago, Don Brodka Jr said:

Canucks going to swing & miss today. I have this odd feeling. Empty handed today.

Honestly might not be a bad thing. A lot of crazy money being thrown around and it would give us cap space to capitalize on trades.

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Just now, Diamonds said:

Honestly might not be a bad thing. A lot of crazy money being thrown around and it would give us cap space to capitalize on trades.

100 percent. Will be some pickings later, waivers, trades. Some of these numbers are ridiculous. 

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Signed for than the total contract value offered by canes. We'd have to offer something like 10.5M even if he makes it to market. Reinhart reportedly resigned with Panthers 8.625M which is a bargain if he can replicate this season.

 

Those who still believes tax free state is not a key factor needs to rethink again. It's even more important if they front load the contracts for older players who might not play out the full term of the contract.

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