Trade chatter around Carey Price gets warm again, with Marco d’Amico of RG.Rog suggests that a deal could take place in the coming days. With Price’s Bonus from the way, it makes sense that a few teams would be open to obtaining Price’s contract, but a surprising factor can complicate any deal: taxes.
With a price that will receive a $ 5.5 million signing bonus this weekend, his contract becomes even more attractive for teams looking for CAP exemption. After the bonus has been paid, he only has a salary of $ 2 million, while he is still good for a cap -hit of $ 10.5 million – a valuable tool for franchises trying to reach the salary cap floor without spending real money.
Teams such as San Jose of Chicago are driven like potential destinations, and Price has said in the past that he abandoned his no-trade clause if it helped the Canadiens. But according to NHL Insider Jeff MarekThere is a possibility that tax rules can influence his willingness to move. Marek writes: “I have always wanted to see that a player refuses to abandon his no-trade clause while the team tries to move his contact as we expect here.”
Related: Price’s contract can be traded on one of the three teams prior to a larger move
He adds:
“There is a scenario, I think, in which a player who agrees to refrain from paying more taxes with the new team. But I don’t know how to work for a player who can’t play but is paid. Is he still taxed according to the house/away of the team or just where he lives?”
Some fans and analysts have speculated that, depending on how the NHL taxation for players on LTIR, an exchange could leave the price with a higher tax burden in certain US states compared to Quebec. As an alternative, if he were traded to a team without a state tax, could he take home more?
Does this have an impact on a price trade and what he is willing to accept?
As they have done in the past, Montreal could place the price on LTIR, using its CAP -hit to create schedule flexibility. But for other clubs, adding his contract can offer a similar strategic value – if the price is in accordance with the relocation.
D’Amico reports that there will be a trade, but there is no indication that a deal is imminent. It will be intriguing to see if reports come up where he could go and how much of a role he plays in a deal, even if he never steps in the city that he is being treated.
Perhaps the actions of the beloved goalkeeper of Canadiens is not as easy as on paper. Whether the price gives priority to helping Montreal or protecting its financial interests can still be seen. Whether it really matters or not is another storyline to look at.
Next: Maple Leafs linked to $ 68 million defender in a trade rumor
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