Chaplin
Better off silent
Just got an alert that Kawhi is "warming" to the idea of playing for the Raptors.
Just got an alert that Kawhi is "warming" to the idea of playing for the Raptors.
Leonard is looking like a rich man's Larry Sanders. Or Andrew Bynum, even.
Hey, he has to feed his family, man!
Could be. We never hear anything from him. Might be crazier!I don't think he's quite Latrell level crazy.
I can see the logic of taking a chance that this guy may stick around for a max deal. However, it's pretty much win it all this season or else!
Maybe you are onto something there. Maybe its not so much addition as subtraction. However, although Derozen hates the trade, I could see him really doing well in Pop's system.Maybe I'm wrong but I think we're underrating Toronto's desire to part ways with Derozan. 28 million a year isn't a lot for a star today but a star that always disappoints in the playoffs and has a problem with depression?
True, the Raptors didn't give up much. But who says they wouldn't make the Finals this year with DeRozan? The only thing that stood in their way last year was Lebron, who's gone. True, Boston is formidable, but certainly beatable. Plus, who knows what the chemistry is going to be like with Kyrie back. Ben Simmons still can't shoot and Embid still has to stay healthy so Philly is always a question mark. After that there is NO ONE else in the East. No, they wouldn't have won the Championship. But no one besides GS was anyway.Seeing as the Raptors gave up very little in draft equity, I think the reward dramatically outweighs the risk.
The idea that if he leaves they're going to be stuck in mediocrity... isn't that what they were looking at anyway? They're good, not great and obviously about to be overtaken by the Sixers and Celtics. If Kawhi plays and plays hard now they've got arguably the best player in the conference, a real chance at making the finals AND they've got the guy who gives guys like Durant and Harden fits.
Maybe I'm wrong but I think we're underrating Toronto's desire to part ways with Derozan. 28 million a year isn't a lot for a star today but a star that always disappoints in the playoffs and has a problem with depression?
Players in Canada, whether Basketball, Baseball or Hockey, are paid in American dollars.
That's a 24% boost on their personal local spending, as of today.
Personal taxes are paid based on where you work. Half in Toronto, Ontario, Canada, in this case, and then wherever the team plays on the road. A tax treaty between Canada and the US covers what is actually paid. In the end, a player in Canada is taxed at the same rate as someone playing in New York State or California.
So, with the exception of states with no State income tax, Toronto is as good, arguably better, in terms of actual disposable income.
The dollar has been weakening against world currencies lately. Might be good timing for Derozen!Plus you don’t make or lose money on the exchange rate itself, but on changes to the rate. Leonard would only lose on the money he converts to CAD over time if the CAD improves against the USD. And if the CAD weakens, he might gain. But the bulk of his income will be made and invested in USD.
The dollar has been weakening against world currencies lately. Might be good timing for Derozen!
Plus you don’t make or lose money on the exchange rate itself, but on changes to the rate. Leonard would only lose on the money he converts to CAD over time if the CAD improves against the USD. And if the CAD weakens, he might gain. But the bulk of his income will be made and invested in USD.
DeRozan is beloved in Toronto but they weren’t going to re-sign him. Someone on Toronto sports radio last night was making the point that even if Leonard leaves, they were likely going to end up at the same point because they’d be trying to get DeRozan off the books anyway. (And there won’t be a Leonard to come back in a trade for him).
Another local thing is that the Leafs are contenders and just signed the top free agent in the NHL. The Raptors compete with them for eyeballs, and this certainly makes things more interesting in the meantime.
He has a 25% advantage as it stands. It's been some years since the CDN dollar has been at par with the US greenback.
Well, a 25% advantage minus any relevant price differences. Dan H mentioned books earlier: if Kawhi wants to buy the current #1 NYT bestseller for his flight to Toronto, he's going to have to pay USD$30 in San Antonio, but if he wants it when he lands he'll pay CAD$39 (which is just below today's exchange rate). Obviously cost of living varies widely market to market, though, and not just between nations.
Well, a 25% advantage minus any relevant price differences. Dan H mentioned books earlier: if Kawhi wants to buy the current #1 NYT bestseller for his flight to Toronto, he's going to have to pay USD$30 in San Antonio, but if he wants it when he lands he'll pay CAD$39 (which is just below today's exchange rate). Obviously cost of living varies widely market to market, though, and not just between nations.
It doesn’t work exactly like that. Prices of goods reflect the difference in money value. When monetary valuation fluctuates, you can take advantage some because the prices of goods and services tend to lag.He has a 25% advantage as it stands. It's been some years since the CDN dollar has been at par with the US greenback.
It doesn’t work exactly like that. Prices of goods reflect the difference in money value. When monetary valuation fluctuates, you can take advantage some because the prices of goods and services tend to lag.
The real issue in Canada is taxes.