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Message
3
Posted on 9/16/15 at 11:25 am to BayouBengals03
quote:
he London team would have to have a higher salary cap.
a) to be able to attract more players
b) higher taxes in the UK
While I agree, there are also a bunch of teams out there who need this. I wish a team of accountants and economists could make fair salary caps in all leagues.
Posted on 9/16/15 at 11:27 am to BayouBengals03
Which will never happen. I'm sure the majority of players don't want to have to move out of the country just to do their jobs. Seems pointless.
Posted on 9/16/15 at 1:54 pm to BayouBengals03
quote:
higher taxes in the UK
The UK would would have to grant the NFL an exception as condition of London getting a team. With the current tax structure on athletes there is zero chance the NFL goes there.
Under current UK rules, athletes aren't just taxed on the income earned while playing in the UK. The UK also gets a cut of the athletes' world wide income (endorsements) at a tax rate that reaches 50%. One reason why Nadal stopped playing and training in the UK prior to Wimbledon.
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