Steven Stamkos stays in Tampa Bay, 8.5mil x 8yrs

[sabills]

Probably left about $15 million on the table. Someone would have given him 7x$12. No state tax though...

That 8th year is something, too. Especially for a guy who had serious health issues last year. Blood clots could be gone forever, or could come back in 2020. Extra year of salary guaranteed is nice.

[Norcal]

I'm aaight with the Stamkos decision. Sabres still gonna tear up without him

[nobody]

Obviously Stamkos was hoping the Devils were going to make an offer to him.

[kas23]

Sign and trade???

[K-9]

Probably left about $15 million on the table. Someone would have given him 7x$12. No state tax though...

No state income tax is a nice perk, at least for the 41 games his income is earned in Florida. The 41 road games may be subject to income taxes, depending on those specific local codes.

[That Aud Smell]

I hafta think the tax and currency issues wound up being significant.

[kas23]

 

Hometown discout

 

Bob McKenzie @TSNBobMcKenzie

 

Stamkos's deal with TB is expected to come in at eight years, with an AAV of $8.5M.

It's baffling he would leave so much money on the table.

[PromoTheRobot]

It's baffling he would leave so much money on the table.

Not when consider the tax hit in NYS or Canada vs. Income tax free Florida.

[Mustache of God]

I'm completely fine with this decision. Would have loved him in the Blue & Gold but I was really dreading news saying he'd become a Maple Leaf.

[2 minuter för grovbearbetn]

Didn't go to Toronto. I'm OK with this.

[Mustache of God]

Also, are we sure the stamkos signing isn't a sign & trade?

[LGR4GM]

Also, are we sure the stamkos signing isn't a sign & trade?

very sure

 

David Pagnotta ‏@TheFourthPeriod  42 seconds ago

Stamkos' 8-year extension (per @TSNBobMcKenzie it's $8.5M AAV) with TB will be officially signed today. It includes a no-movement clause.

[7+6=13]

It's baffling he would leave so much money on the table.

 

You don't know that he did.

[dudacek]

Because Buffalo?

[Claude_Verret]

I step into a meeting for a bit and when I get out all hell has broken loose in the NHL. WTF???

[pi2000]

I'm sad.

[dudacek]

Also, to those who said I was nuts for thinking Stamkos would be lucky to get $10 million per ????

Edited June 29, 2016 by dudacek

[nucci]

It's baffling he would leave so much money on the table.

Maybe he didn't want to move and stay with a Cup contender.....Still getting almost $70M.....not baffling to me at all

[kas23]

You don't know that he did.

If he actually hit FA, he definitely would have been offered more than 8.5 per season, likely around 11. And the tax savings really aren't that great. Only half his salary would've been not taxed. And as we all know from doing our taxes, state taxes pale in comparison to federal taxes.

[wjag]

okay...  time to move on

[Thorner]

It's definitely a reasonable decision by Stamkos. He even left a lot on the table. 

 

Disappointed we didn't get him. 

 

Pretty happy Toronto didn't though.

 

If we get Vesey, I'll be good. Do we even need to add any other forwards if we do get Jimmy?

[thewookie1]

You know, I'm ok with this since the balance of power isn't shifting in any way.

[K-9]

okay...  time to move on

Yep. I was over it within seconds. Can't miss something you never had.

 

GO SABRES!!!

[pi2000]

It's definitely a reasonable decision by Stamkos. He even left a lot on the table.

 

Disappointed we didn't get him.

 

Pretty happy Toronto didn't though.

 

If we get Vesey, I'll be good. Do we even need to add any other forwards if we do get Jimmy?

Nah. Continue to focus on the defense, save thay cap space for next year. UFAs will come when the team starts to win some games.

[inkman]