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06-06-2010, 11:08 AM
Join Date: Mar 2002
Location: New York
Originally Posted by
I guess it does.
However, the rumored KHL offer is laughable. The $10m per year in Russia is
not tax free
: Russia's income tax rate is 13%, the highest bracket (federal) in the U.S. is 35%. The $ offer is respectable (nothing earth-shattering), but
is pathetic. There's no question Kovalchuk will get a more lucrative contract from at least one NHL team (probably several).
The reports indicated the money is tax free for Kovalchuk.
Lombardi talking about the KHL offers. What does Lombardi know? He's only been in the hockey business for 20 years.
St. Petersburg also reportedly made an offer to Kings forward Alexander Frolov, and GM Dean Lombardi was concerned about the effect of finances overseas.
The other thing we're confronting here, don't forget, is the KHL, and they're offering an awful lot of money, tax-free,
" Lombardi told an Edmonton radio station. "It's almost like the WHA days, where the difference in dollars is huge."
Which teams and what will they offer?
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