: Salary Cap:
CBA Negotiations II: This is the song that never ends...
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11-05-2012, 03:29 PM
Join Date: Jun 2010
Wanted to post this here so I can show somebody what I worked on
The KHL posted a interview with Ovechkin 2 days ago in which, among other things, Ovechkin was asked about the latest proposal from the owners to which he replied,
"The 50/50 proposal is still the same thing. They still want a 24% reduction in player salary. I pay 46% in taxes, 15% in escrow and now they want to take a further 24%. That is 85% they are taking from the players. What does that leave? To play for Mcdonald's sandwiches? I can't see many players wanting to come back from Europe for that."
A lot of people on the business board jumped on him for the figures especially his tax numbers. I did a spreadsheet on what he pays in taxes factoring all of the jock taxes in some states and all the different tax systems. I'll post it here.
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