There are several financial related considerations for an athlete who is thinking about joining a new team. Other than housing affordability and discretionary lifestyle expenses, income tax rates are a primary factor. The interactive table below provides an initial reference for a single taxpayer who earns the NHL’s average salary.
Keep in mind that this does not recognize a player’s deductions, credits, exemptions, foreign tax considerations and tax owing in other cities, states or provinces. As you are aware, professional athletes have complex tax situations! Speak to us about minimizing your tax burden and keeping more money in your pocket.
Click on a logo to compare one team to another.