Everyone knows the certainties in life are death and taxes. Well, it turns out that the latter could be screwing William Nylander out of millions of dollars if he decides to sign with the Toronto Maple Leafs. A new report by Frank Corrado, showed just how much Nylander would be missing out on if he chooses to sign in Toronto over somewhere like Florida.
The difference is so much, that if Nylander does get $11.5M in Toronto, he would pay $6,114,271 to the government, pulling in just $5,385,729. If he were to sign that contract in Florida, though, he would have to pay $4,215,332, netting $7,284,668. This difference amounts to over $15 Million over the course of the deal.
While the taxes are the price to pay for playing in Toronto, there are plenty of monetary upsides to playing in the biggest hockey market in the world. One of those is sponsorships, as it is well known that Leaf players bring in way more than their colleagues around the league when it comes to off-ice sponsorship deals.
Clearly, there are some reasons that players may not choose to play in Toronto, taxes could very well be one of them. However, it shouldn't be the sole reason that someone says no to a blockbuster deal in the City.
