During the Saturday Headlines segment on Hockey Night in Canada, Sportsnet's Elliotte Friedman gave a major update in the contract talks between the Toronto Maple Leafs and pending unrestricted free agent forward William Nylander.
Friedman is reporting that the Maple Leafs and Nylander are closing in on a contract worth $11.5 million per season and could become official as early as this week.
As with any contract signed in the province of Ontario, a big chunk of that money will come off as taxes, meaning Nylander won't actually walk away with $11.5 million each year.
In fact, former NHLer and current TSN analyst Frank Corrado pointed out in a post on X that Nylander will take home less than the $9.5 million Matthew Tkachuk takes home in Florida, a state which has no income tax.
While on paper it looks like Nylander is getting a lot more than other players in the NHL, it definitely goes to show that there are disadvantages for being in markets in Canada like Toronto (Ontario) and Montreal (Quebec) for example, both provinces who have a high rate of income tax, while states like Florida and Nevada have zero income tax.
Do you think William Nylander is worth $11.5 million per season? Let us know what you think in the poll below!
POLL | ||
Do you think William Nylander is worth $11.5 million per season? | ||
Yes | 137 | 30 % |
No | 295 | 64.7 % |
See Results | 24 | 5.3 % |
List of polls |