The salary cap isn't equal for all and a GM confirmed it
Barry Trotz, the General Manager of the Nashville Predators, openly acknowledges the financial advantage teams based in tax-free states like Tennessee enjoy in the NHL.
Players in these states retain more of their earnings due to the absence of state income taxes, making their contracts more lucrative. Trotz highlighted this during an appearance on TSN's Overdrive, noting that this financial edge can be attractive to players, particularly those in the middle tier looking to maximize their earnings.
While Trotz recognizes the impact of tax benefits, he also emphasizes that a team's culture and commitment to winning play crucial roles in attracting top-tier players. Despite the financial incentive, elite players seek competitive teams that align with their career goals and aspirations for championships.
The recent success of tax-free state teams in the Stanley Cup playoffs, such as the Florida Panthers, Vegas Golden Knights, and Tampa Bay Lightning, underscores the competitive advantage these teams may hold. This disparity in tax implications adds dimension to the strategic and financial considerations in NHL free agency and roster management.
Previously on Red Wings Insider
POLL |
JUILLET 13 | 48 ANSWERS The salary cap isn't equal for all and a GM confirmed it Do you think the NHL should do something to make the Canadian teams more interesting for players? |
Yes | 23 | 47.9 % |
No | 25 | 52.1 % |
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