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yk9001

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yk9001 last won the day on October 26 2018

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  1. 20 year treasuries have a 4.22% YTM; they were 4.68% a couple weeks ago.
  2. Hey, cramp - My thoughts are with you. Hang in there, buddy. You have our support.
  3. PJ, I am so sorry to hear about your brother's passing. I haven't spent much time around here lately, and I am just floored to hear about your brother (and Brandon). I knew your brother (and others here) going on 20 years. Get togethers, softball games, etc. But mostly a shared quip about something Angels-related, something about another poster, or just something in pop culture. Now that your brother has passed, it is shocking how those seemingly innocuous little messages can be so treasured. Your brother was sharp, quick, smart. It was pretty hard to get the better of him. He was almost smug, but in a good way. There was a tad of self-deprecation as well. So enjoyable to read his posts and messages. The message board community is I am sure a tad bizarre to someone from the outside. But to the people here, Lou was on the Mount Rushmore of posters here. And that means something to a surprisingly lot of us here. RIP, Lou
  4. I haven't spent as much time around this parts as I'd like. But I do know when I do, I am going to see a Sam Blum tweet. Followed by many posters/mods calling him basically a c*ck sucker. I can't figure out how this despised Angels reporter is continually posted here (and obviously followed). I go back to the Howard Stern movie from one million years ago. Researcher : The average radio listener listens for eighteen minutes. The average Howard Stern fan listens for - are you ready for this? - an hour and twenty minutes. Pig Vomit : How can that be? Researcher : Answer most commonly given? "I want to see what he'll say next." Pig Vomit : Okay, fine. But what about the people who hate Stern? Researcher : Good point. The average Stern hater listens for two and a half hours a day. Pig Vomit : But... if they hate him, why do they listen? Researcher : Most common answer? "I want to see what he'll say next."
  5. That pujols art reminds me of the 'Nailed it" meme
  6. That is a well written article for a pretty complicated maneuver. Here is their hypothetical example. Even though the article is only six years old, just add a zero onto everything Now, let’s use the same hypothetical for the current RDA. A purchaser or group of purchasers buys a sports franchise for $150 million, with $100 million of that being for the franchise and player contract rights.48 Under the 100/15 rule, the franchise can depreciate $100 million over fifteen years, or about $6.67 million per year. That means that $6.67 million of revenues per year are not taxed. Assuming a tax rate of 35 percent, the franchise owners gain approximately $2.33 million in taxes, which they would have had to pay the IRS without the RDA. Multiplied by fifteen years, that equals about $35 million in tax savings. These examples have two caveats. One is that, in the examples above, if an owner buys a team for $150 million he will almost certainly allocate far more than $100 million to the franchise and player rights ($100 million is only 67 percent of $150 million, but remember Bud Selig allocated 94 percent to player rights alone). Thus, the tax advantages to the owners under the current rules would be even greater than the example illustrates. The last ten times a major sports franchise (NHL, NFL, NBA, or MLB) was sold, the prices ranged from $170 million to $2.15 billion, with five of those ten between $200 and $600 million.49 So, if a team were purchased for $400 million and the owners allocated $376 million to player rights and other depreciable intangibles ($376 million is 94% of the purchase price, which Bud Selig got away with), they could depreciate just under $25.1 million per year, which at a 35 percent tax rate would be savings of $8.77 million per year to the owners. Nobody here need to get into the weeds on any of this stuff. Just know that its a great deal for owners, almost a 'double dipping' of expenses that lasts for 15 years.
  7. The end of 2001 was a complete shitshow down the stretch.
  8. Nope. Why do I give a fuck? Except for the dude who bought the $300 trout jersey, who couldn't pay for basic necessities.
  9. Congrats, @Taylor. Getting it done!
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