Or he needs a nice tax write off.
- dadeadhead

That far exceeds tax write off. Dude isn't in the Jacobs family.

Or he needs a nice tax write off.
- dadeadhead

Im sure the hospital and the kids in it don't care what the reason is.

Mr big stuff is going to kill brady .. it's going to be a great sunday

or maybe same old bills .

That far exceeds tax write off. Dude isn't in the Jacobs family.
- Buffalo--Sabres

Goods and services are taxed a total of 14.975 in Quebec

Federal tax for his salary is 29%
Quebec's Tax rate for him is 24%


It's a combination of a tax write off and he being a generous person. If I had to guess 65/35 tax write off to generous guy.

Unconfirmed sources have confirmed that Darcy Regier was spotted at the airport greeting Olli Jokinen with contract in hand. After 7 years it appears they are ready to finally seal the deal.

More to follow.....
- keptupl8

where the (frank) have you been

Goods and services are taxed a total of 14.975 in Quebec

Federal tax for his salary is 29%
Quebec's Tax rate for him is 24%


It's a combination of a tax write off and he being a generous person. If I had to guess 65/35 tax write off to generous guy.
- dadeadhead

Yeah that's probably close to dead on

Goods and services are taxed a total of 14.975 in Quebec

Federal tax for his salary is 29%
Quebec's Tax rate for him is 24%


It's a combination of a tax write off and he being a generous person. If I had to guess 65/35 tax write off to generous guy.
- dadeadhead

It may have something to do with it, but if you actually read the article, he's very active in the community and is always doing charity work.

Mr big stuff is going to kill brady .. it's going to be a great sunday

or maybe same old bills .


- gerbe75pts

I remember that one

i'm still hoping we do a trade for a top D ..

it might be too late

It may have something to do with it, but if you actually read the article, he's very active in the community and is always doing charity work.
- HonkFortheGoose

Pulling up to a kids street hockey game and asking if he can join is pretty cool. Not getting any tax advantages for that, just being an all around good guy.

With it being a public dispute and Wangs weirdo rule of not letting a player on the ice if he's not signed before training camp, i would say the islanders have little or no leverage when you're talking just him.
Someone should offer sheet him the day after camp starts just to make Wang look like more of a wang than he already is.
- seedy

The question would be what was offered to Nelson ($$ wise) for him to accept the offer sheet, but still lose the least amount of draft picks, where Wang would not match. Interesting.

So in this range would only be a 2nd round pick, sounds good to me! $1,826,328 to $3,652,659

It may have something to do with it, but if you actually read the article, he's very active in the community and is always doing charity work.
- HonkFortheGoose

At his current $7 mil American it equals $9,224,635 Canadian.

He's losing money to his Agent and then over 53% in just federal and state tax.

A $1,428,571.43 donation a year the next 7 years alleviates some of his tax burden.

i'm still hoping we do a trade for a top D ..

it might be too late
- gerbe75pts

keep that dream alive.. what player are you going to jump off a cliff if they send them to the AHL a la the bills cutting fredie

i'm still hoping we do a trade for a top D ..

it might be too late
- gerbe75pts

why not give it a month or so to see what we have before we write off our own guys....

...its not like we're REALLY in a rush to make the playoffs this year....although it would be nice

At his current $7 mil American it equals $9,224,635 Canadian.

He's losing money to his Agent and then over 53% in just federal and state tax.

A $1,428,571.43 donation a year the next 7 years alleviates some of his tax burden.
- dadeadhead

Thats what you hire a legit financial planner for! .....not some friends uncle whos "office" is in his basement.

damn that goal in the blog was a beauty

Pulling up to a kids street hockey game and asking if he can join is pretty cool. Not getting any tax advantages for that, just being an all around good guy.
- seedy

I never said he wasn't an all around good guy.


There is more to people of his pay scale donating money of that magnitude than just being an all around nice guy.

Does it play a nice part of it? Yeah it sure as hell does.

Does getting a nice tax write off play a bigger part of it? Most likely.

Thats what you hire a legit financial planner for! .....not some friends uncle whos "office" is in his basement.
- seedy

Which he probably did and was told if you donate x amount over the next 7 years to a cause you believe in, you get to keep x amount more of your money.

He gets to look like the hero that he is and keeps more of the money he fought to earn.

It's a win/win.

where the (frank) have you been
- CaptainRivet

Following this story.

You got to appreciate what an explosive element this Olli situation is.

why not give it a month or so to see what we have before we write off our own guys....

...its not like we're REALLY in a rush to make the playoffs this year....although it would be nice
- feetontheair22

If the goaltending is up to last years standard and the defense is up to middle of the road defense, this team will fight for a playoff spot.

Following this story.

You got to appreciate what an explosive element this Olli situation is.
- keptupl8

where the (frank) have you been
- CaptainRivet

https://youtu.be/cbn6Wz-_Q8U

Does getting a nice tax write off play a bigger part of it? Most likely.
- dadeadhead

Seriously?

damn that goal in the blog was a beauty
- SteveJ123

He's had a few really nice ones in his really short NHL career. The future looks bright here in Buffalo. That's for sure.

Seriously?
- Slump Buster

Yes.


Again I never said he isn't a generous guy that doesn't do a ton for his community but do you really think he doesn't have a financial planner telling him if you donate x you lessen your tax burden year to year?

Again when you are losing 54% of you money to federal and state tax you find ways to lessen that blow. If lessening that blow can be done by donating to something you believe in then good for him. I give him credit for doing what he believes in.