: Salary Cap:
CBA Negotiations II: This is the song that never ends...
View Single Post
11-05-2012, 02:29 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.
View Public Profile
Find More Posts by Krishna