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It's Not About Winning Or Losing. It's About Who Gets The Blame (CBA/Lockout) XVI

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Old
10-26-2012, 07:25 PM
  #801
haveandare
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The fact that Barch thinks having to get a job after hockey at all is a hideous fate is disgusting to me. He's lucky to be making as much as he is now. He gets flown across North America on private jets, gets top notch medical care, etc. etc. etc. and the thought that he might at some point have to work, at all, doing anything, is too much for him. Talk about entitled.

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10-26-2012, 07:27 PM
  #802
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Don't even know what to think or say anymore. How could this happen after last time? It makes me incredibly sad to see the people in charge of my favorite thing in the world care so little about the game. And I can't do anything about it.

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10-26-2012, 07:28 PM
  #803
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He's earned $2.85 million btw. If you assume a tax rate of 60% he still has $1.6 million left over. Not bad for only 4 years of work.

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10-26-2012, 07:31 PM
  #804
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Originally Posted by HawksFan74 View Post
1st of all. Mutual funds are not a guaranteed rate of return. Even at 5% he would not be able to live the rest of his life at 100k. Your math is way off.
Whatever, friend. It's besides the point. He's comfortable. He doesn't have to work.

He made exactly $3.4M over the last five seasons, pre-escrow, pre-tax.

You want to tell me he doesn't have enough left to live off a 5% return? Fine, show me the math. I know mutual funds are guaranteed nothing, that's why a smart person will reinvest what they get back in a good year and eat a little something out of the pie in a bad year. A 5% average growth is considered a safe investment for that kind of fund, not some bonkers thing that'll be in the tank in any given year.

If you can show me how much he lost to escrow, calculate out the taxes, create a mutual fund model and prove that he can't live comfortably on his yearly earnings off that alone, I'll play ball. The average american breadwinner makes less than $50K/year. Go.

And even if, after all that, the poor baby has to work?? Oh my. Oh grave tears and hysterics.

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10-26-2012, 07:31 PM
  #805
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Originally Posted by DPyro View Post
He's earned $2.85 million btw. If you assume a tax rate of 60% he still has $1.6 million left over. Not bad for only 4 years of work.
Edit... I'm wrong I didn't add a million in. 2.85 is correct.

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10-26-2012, 07:34 PM
  #806
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I wonder if the owners of Boston, New York, Washington, etc, etc, have endured any of the injuries that I or any other player in the NHL have endured. Still they probably sit their smoking the same brand of cigar, sipping the same cognac, and going on vacation. To one of five houses they own. While we sit here knowing they want to take 20% of our paychecks. One half to 3/4 of my peers will have to work for the next 50 years of their lives.
Seriously, Barch? Stop with this idiotic "woe, is me" act. You are one of the lowest paid NHLers in the league and, yet, you still make more than fifteen times that of the average person. You can make these bogus "1/2" or "3/4" claims but, at the end of the day, the average NHL player is paid more than FIFTY times that of the posters on this board.... the kind of cash that enables a person to "sit there smoking the same brand of cigar, sipping the same cognac, and going on vacation".

You're a spoiled brat. You can fight for your earnings. It's your right. But don't insult the intelligence of the fans by crying about your struggle to "feed your family".

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10-26-2012, 07:36 PM
  #807
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Originally Posted by DPyro View Post
He's earned $2.85 million btw. If you assume a tax rate of 60% he still has $1.6 million left over. Not bad for only 4 years of work.
I'm pretty sure he has more.

Capgeek has him at:
$850K for 2011-2012
$825K for 2010-2011
$575K for 2009-2010
$575K for 2008-2009

He played two seasons entirely in the NHL prior to that, and a third that he split half and half. If league minimum is something a hair over $500K, he probably made just over $4M pre-tax and escrow.

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10-26-2012, 07:36 PM
  #808
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Originally Posted by haseoke39 View Post
Whatever, friend. It's besides the point. He's comfortable. He doesn't have to work.

He made exactly $3.4M over the last five seasons, pre-escrow, pre-tax.

You want to tell me he doesn't have enough left to live off a 5% return? Fine, show me the math. I know mutual funds are guaranteed nothing, that's why a smart person will reinvest what they get back in a good year and eat a little something out of the pie in a bad year. A 5% average growth is considered a safe investment for that kind of fund, not some bonkers thing that'll be in the tank in any given year.

If you can show me how much he lost to escrow, calculate out the taxes, create a mutual fund model and prove that he can't live comfortably on his yearly earnings off that alone, I'll play ball. The average american breadwinner makes less than $50K/year. Go.

And even if, after all that, the poor baby has to work?? Oh my. Oh grave tears and hysterics.
I have no remorse for him. We all know these guys are not that great with their money and many of them live the lifestyle.

I don't compare average Americans to entertainers, it's pointless. Just stating the fact he probably doesn't have 3-4 million in the bank.

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10-26-2012, 07:38 PM
  #809
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Some owner should tweet that: "Even without the NHL im still smoking my favorite brand of cigar, sipping the same cognac, i would still own my five houses.. What would you be doing ? "

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10-26-2012, 07:41 PM
  #810
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BTW 60% is too high, it would more likely be 34-40% which leaves him with $100,000 more.

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10-26-2012, 07:42 PM
  #811
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Originally Posted by HawksFan74 View Post
Huh? Total salary for him so far according to cap geek is 1.8 million - in the ball park. You have to assume 45% of that... depending. There is also escrow + living expenses. Original post said he had 4-5 million in the bank. That's not correct unless he's already wealthy.
Original post was written by me and it said 3-4 million. Capgeek has 4 years of back salary, which totals 2,850,000. But he played 2 years entirely in the NHL before that which capgeek doesn't have figures for. Presume he made NHL minimum, about $550K, and you're up to $3,950,00. Then, you have another half season played in the NHL before that, so potentially another $250K or so.

I'll make it easy and say ballpark $4M is what he's made, pre tax and escrow. If he has only half of that left, he can invest it at 5%/year and make double the average American breadwinner without ever touching the principal.

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10-26-2012, 07:43 PM
  #812
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I just feel bad that our favorite sports league is basically a laughing stock controlled by a bunch of boobs that don't care a bit about the game we love.

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10-26-2012, 07:47 PM
  #813
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Quote:
Originally Posted by haseoke39 View Post
Original post was written by me and it said 3-4 million. Capgeek has 4 years of back salary, which totals 2,850,000. But he played 2 years entirely in the NHL before that which capgeek doesn't have figures for. Presume he made NHL minimum, about $550K, and you're up to $3,950,00. Then, you have another half season played in the NHL before that, so potentially another $250K or so.

I'll make it easy and say ballpark $4M is what he's made, pre tax and escrow. If he has only half of that left, he can invest it at 5%/year and make double the average American breadwinner without ever touching the principal.
Assuming he had no living expenses during and invested all of it. Sure he could. Nobody lives this way. If this guy has all his after tax earnings in the bank I'll dance a jig. Highly doubtful.

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10-26-2012, 07:48 PM
  #814
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Originally Posted by Novacane View Post
Josh Rimer ‏@JoshRimerHockey

Krys Barch, "I call "********" on Bill Daly's Statement today! Their was No fair 50/50 split. These guys need to be nominated for an Oscar!"

Josh Rimer ‏@JoshRimerHockey

More Krys Barch, "What is the NHL's agenda? To destroy the game of hockey. What a display of "Power."


What a clown.
I nominate Krys Barch for best dramatic twitter outburst of an NHL CBA, 2012.

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Old
10-26-2012, 07:50 PM
  #815
haseoke39
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Originally Posted by HawksFan74 View Post
Assuming he had no living expenses during and invested all of it. Sure he could. Nobody lives this way. If this guy has all his after tax earnings in the bank I'll dance a jig. Highly doubtful.
"It's not the [owner's] jobs to save the [players] from their own poor financial decisions."

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10-26-2012, 07:52 PM
  #816
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Originally Posted by haseoke39 View Post
"It's not the [owner's] jobs to save the [players] from their own poor financial decisions."
But the owners do usually provide financial staff/referrals to help players with investing...

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Old
10-26-2012, 07:52 PM
  #817
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The owners will never give up linkage on the first two years of the CBA for another reason I have yet to see anyone mention. It is a mechanism designed to punish the PA for not getting a deal done before they have hurt revenue. it is one of the tools they built into the last CBA to prevent another lockout from happening, but they need to make sure it happens this time for the threat to be real. If they let them off the hook, they lose this leverage from now on.

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10-26-2012, 07:53 PM
  #818
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This is getting so ridiculous that i am starting to want to watch the world burn.

1. NHL to cancel all the games scheduled for this year.
2. Makes a proposal of 55/45
3. Informs NHLPA that its welcome to play with these conditions next year..
4. NHLPA crumbles
5. Surrounding drama would almost beat hockey.
With that many new savings, the owners can somehow soften the blow to the die-hard fans by offering ticket rebates, then the players will beg to sign that 50/50 within 24 hours.

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10-26-2012, 07:55 PM
  #819
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Originally Posted by haseoke39 View Post
"It's not the [owner's] jobs to save the [players] from their own poor financial decisions."
Never said it was.

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10-26-2012, 07:56 PM
  #820
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Originally Posted by nyrmessier011 View Post
Don't even know what to think or say anymore. How could this happen after last time? It makes me incredibly sad to see the people in charge of my favorite thing in the world care so little about the game. And I can't do anything about it.
My feelings exactly. And to any of my American friends who are avid NFL/NBA/MLB fans they continue to ask how I can put up with this crap yet again, they think it's a big joke and just laugh about it.

It's a sad joke, not a funny one.

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Old
10-26-2012, 07:56 PM
  #821
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Question I have not see come up. Any provisions in the new CBA for players dealing with lasting health issues post hockey career? In particular, concussions and so forth. I'm not even sure what is currently in place. Seems like the players could get some leverage there.

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10-26-2012, 08:16 PM
  #822
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There you have it... no hockey this year

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Old
10-26-2012, 08:50 PM
  #823
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Can't wait till Barch is one of the guys who comes crawling in December to get a deal done..

Someone put a muzzle on the players already.. actually don't.. keep letting them make fools of themselves and the owners side looks better and better

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Old
10-26-2012, 08:51 PM
  #824
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The sad thing is the players have no leverage but they think they do. If you want to get a deal done in a timely fashion that's fair for both sides you don't hireFehr.

I want to see the league burn.....I want it to be as relevant as curling.

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10-26-2012, 08:55 PM
  #825
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Chris Kuc ‏@ChrisKuc
Donald Fehr on Friday in Chicago: "Hopefully we’ll finally get down to serious negotiations one of these days. But we’re not there yet."

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