06/13/2026
Mitch Marner didn’t just leave Toronto. He may have given himself one of the biggest tax breaks in hockey.
Marner grew up in Markham, Ontario, played nine seasons for the Maple Leafs, left last summer, and is now one of the scoring leaders in the 2026 Stanley Cup Playoffs.
His contract’s Average Annual Value, or AAV, is $12 million USD. But AAV is not always the same as actual cash paid in a specific year. In 2027, Marner’s actual cash compensation is $14 million USD - a $4 million salary plus a $10 million signing bonus.
At an exchange rate of approximately 1.39 Canadian dollars per U.S. dollar, that’s about $19.5 million CAD.
If he were still playing in Toronto, Ontario’s top combined marginal tax rate is approximately 53.53%. His estimated 2027 tax bill would be roughly $10.4 million CAD, leaving him with about $9.1 million CAD after tax.
Now compare that to Vegas.
Nevada has no state income tax. Using a simplified estimate of approximately 39.5% for U.S. federal income tax and payroll taxes combined, his estimated tax bill would be roughly $7.7 million CAD.
That would leave him with approximately $11.8 million CAD after tax.
The difference? About $2.7 million in 2027 alone.
And for everyone saying, “He should just incorporate to save on taxes” - no, that’s not how NHL salary works. Employment income cannot simply be routed through a corporation to avoid personal tax.
So did Marner leave Toronto because he wanted to win? Maybe. But keeping millions more while playing for Vegas probably didn’t hurt either.
No wonder Canadian teams have been struggling to win the Cup for the last 33 years - when low-tax states can offer star players something Canada simply can’t: millions more in take-home pay.
If you were in his skates, would you choose loyalty - or the extra millions?