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cybergates

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Everything posted by cybergates

  1. Cool you didn't publish address but saw another article that did. Don't want to speculate too much, but it is across the street from an Alzheimer's Center.
  2. Your next post strengthens my argument. Thanks for that. He wasn't a FA so they didn't have to move him, Westbrook or Durant or pay them less. They jumped the gun. Of course Harden's numbers wouldn't match what they ended up in HOU if they kept him, but in OKC he could have been more of SG and left PG to Westbrook. Winning cures (almost) everything, if they brought back a Finals team intact, there is a good chance they would have reached/won the Finals in 2013 compensating the owners well enough to consider going into the luxury tax to keep everyone (which they ended up going into the luxury tax anyway in subsequent years without Harden anyway I'm guessing). With Bird rights, no hard cap, limitations on max salary, etc it certainly was possible for them to keep them all. The unknown/upcoming spike that allowed GS to sign Durant would have helped them out as well. Obviously a ton of what ifs, but even without hind sight, many (maybe even most) thought it was a mistake to trade Harden, especially coming off a Final appearance. I remember being shocked by it and trying unsuccessfully to trade for him in my dynasty fantasy basketball league at the time. I can't remember one person saying that they thought OKC did the right thing at the time.
  3. You conveniently are leaving out that they just played in the Finals. Making the Finals is too hard to justify breaking the team up by trading a 6th man of the year, age 22, player averaging 16.8/4.1/3.7 in 31.4mpg. It clearly was a mistake then, in hindsight it became a disaster. Those 3 guys loved playing together and would have likely won multiple championships if they were kept intact.
  4. To take it to another level, I saw on Friday that the Clippers were out and it was down to Lakers/Raptors. After the fact, there were reports that it was really the Raptors who felt they were out and Kawhi was heading to the Lakers unless the Clippers or Raptors traded for George (which obviously the Clips did).
  5. They absolutely are taxed out of state. Google Jock Tax. There are plenty of articles about it. States only go after people who make enough money in a public fashion that it is easy to track and go after. They don't how many days people like you and me work in their state/city, so they don't bother. As you illustrate, all states are different. I had to pay taxes/file in NY after only working there for 3 weeks max (usually 2 wks). I probably wouldn't have filed if EY didn't w/h on me and I wasn't a Tax Professional since it cost me more to file 4 separate returns than it was worth (Fed, IN, NYS, NYC). I wasn't aware of reciprocal agreements between states, so I learned something new today. It makes sense since plenty of people who live on state lines will tend to live in one state and work in another across the country. https://en.wikipedia.org/wiki/Jock_tax https://www.forbes.com/sites/kurtbadenhausen/2017/04/18/income-taxes-for-pro-athletes-are-reminder-of-how-complicated-u-s-tax-code/#18d9a651411e
  6. It is a nightmare, but given that states operate with their own rules that's the way it currently is. Regarding your lawyer example, I'm not sure, but as a CPA in Indiana, when I worked for EY in the Indianapolis office, but spent time (sometimes up to 3 weeks working the NYC office), EY withheld taxes for NY and I had to file a return there. Not making anywhere close to NBA $ either so you can imagine how much the states want their piece of that action. Applies to musicians as well, so wherever they perform they would pay taxes. To take it one step further before I drop it and/or put most people to sleep, if you invest in an investment partnership, where the income generated from that partnership comes from flows to you as the investor and could end up requirinig you to file state returns in multiple states as well. The nice/"fixable" part of that though, is there are composite returns in some states where the partnership can file a return for all the investors opting in, and then pay the taxes directly to the state for you (unfortunately usually at a higher rate).
  7. Not exactly even or slightly ahead due to the fact that half of the games are played on the road and taxed by that location/state's. Gets even more complicated since they don't play the same schedule (more games vs. ORL helps MIA, more games vs. NY teams hurts PHI), but your overall is valid that the 6.5% difference is pretty dramatically reduced living in FL. I threw it together quickly on a SS and found that the tax rate would have to be 97% in the road games with the same schedule for it to break even. PHI Tax % Tax MIA Tax % Tax 19.00 10.00% 1.90 17.75 10.00% 1.78 19.00 6.80% 1.29 17.75 0.00% - 38.00 3.19 35.50 1.78 After tax 34.81 33.73 Dif 1.08 PHI Tax % Tax MIA Tax % Tax 19.00 97.00% 18.43 17.75 97.00% 17.22 19.00 6.80% 1.29 17.75 0.00% - 38.00 19.72 35.50 17.22 After tax 18.28 18.28 Dif (0.00)
  8. Yes, that's what I'm in the minority means.
  9. Guess I'm in the minority here, but I don't like the Brogdon pick up. I like him as a player, but given that what we signed him for (4yr/$85mil), that we traded 2020 1st rd pick and two 2nd rounders, and his injury history, I'd rather have re-signed Cory Joseph for 3y/$37mil that he got with the Kings. Per 36min #s for both through their same age seasons are similar enough that I don't see why you'd pay that much $ and picks for the upgrade to Brogdon. Add in the fact that you have Holiday and hope he's your PG of the future and the move doesn't make much sense to me. If they'd done the deal with Joseph instead they could have paid Bojan the 4yr/$73mil he got from the Jazz (saving 12mil and 3 picks over the Brogdon deal). Not sure if that leaves enough for the Lamb deal, but I think Joseph, Bojan (more room for Holiday to grow) > Brogdon, Lamb, minus 3picks. Thru same age (26years old): Career (Brodgon 26 years old-3 seasons, Joseph 27 years old-8 seasons): Edit - after seeing how heavily protected the 1st round pick is and my feeling of the relative lack of value in 2nd rd picks, I feel much better about the deal given Brogdon stays healthy, not that anyone cares...
  10. To add to this, the Rockets are rumored to be shopping those guys for 1st round picks to flip to Philly in the sign and trade for Butler. So it would depend on if they think/know that Philly would want our pick.
  11. Not surprised, Dolan's history of bad decisions is well documented.
  12. The "everyone else" hoopster refers to includes many people that have inside info that work in the NBA.
  13. https://projects.fivethirtyeight.com/carmelo/myles-turner/ Counting this year 18-19 and the next four at 18mil Pacers will pay Myles "only" $75mil which is a bargain for a player of his caliber. CARMELO projects his value at 1.7x that.
  14. Indiana University 10 Rings 7 players Dick Farley, George McGinnis (2), Herm Schaefer (2), Isiah Thomas (2), Jon McGlocklin, Quinn Buckner, Steve Downing
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