“Where has all the money gone?”
Canadiens forward Michael Pezzetta is continuing a Montreal tradition—though it’s not about winning the Stanley Cup: he’s discussing local tax rates. The 26-year-old, originally from Toronto, talked about the high taxation on his salary during a recent appearance on the Cam and Strick Podcast.
Taxes in Montreal are no joke! Michael Pezzetta up now on all platforms! 🇨🇦 @CamandStrick #GohabsGo pic.twitter.com/iFelM7o7Mz
— Andy Strickland (@andystrickland) July 23, 2024
“It’s pretty wild,” Pezzetta remarked. “We’re looking at about 54 percent tax.” He signed a two-year, one-way contract last summer with an annual salary-cap hit of US$812,500.
In the interview, Pezzetta reminisced about his first NHL paycheck. “You’re thinking, ‘Oh my God, where’s all the money?’”
At that time, the league’s minimum salary was $750,000.
“Even though it was a substantial increase from what I was making in the minors, it wasn’t as dramatic a difference as I expected,” he added.
Pezzetta, who was selected in the sixth round of the draft, scored three goals and added six assists in 61 games for the Canadiens last season.
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