Jump to content

yk9001

Members
  • Posts

    10,230
  • Joined

  • Last visited

  • Days Won

    9

Reputation Activity

  1. Like
    yk9001 reacted to Chuck in Sad News about Our Brother Lou (iebruin)   
    @stpat373 (Patrick), I cannot tell you how much it means to me and all of us at AngelsWin for you to post what you did. You really put a smile on my face and happy tears to my eyes after reading your post. 
    I really hope you can stick around here. Your brother left quite an amazing legacy here and he taught me a lot over the years. I always appreciated how he would send me a private message and rebuke me when I went off on the team or a player, or to just ask how I was doing when I seemed off in my posts. It always led to me confessing that there was indeed something going on personally in my life, and just talking through it with him made me feel better and right the ship. 
    I gave you a lifetime Premium Membership so you can navigate the website and our community without any hinderances from pop-up ads or videos. I can grant your other family members the same if you can PM me their member names. 
    Yesterday evening I walked outside (I work from home) and thought about Lou and how much I miss him, how much we're all going to miss him, and then I turned around and I looked up into the sky and this what I saw. 

    It's almost as if Lou was saying hi. 
     
  2. Like
    yk9001 got a reaction from Robrock30 in Sad News about Our Brother Lou (iebruin)   
    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
  3. Like
    yk9001 reacted to Kotchman in Sad News about Our Brother Lou (iebruin)   
    AW may continue to be a great place but it’s certainly never going to be the same.  You can’t really replace Lou. 
  4. Like
  5. Like
    yk9001 reacted to Adam in Longtime member & friend/contributor of AngelsWin.com (Brandon) has passed away   
    I am having a tough time today. I knew him best from 2005-2011ish. When you get married and have kids, your priorities change and you lose touch with some and with others, you correspond less and less frequently. You think you're doing the right thing - pouring your life into your wife and kids because "that's the way it goes." Everyone understands that, right? Well fuck man. While I didn't fully lose touch with him - we texted about superficial nonsense once in a while - I certainly wasn't there for him. 
    I will say this. Whatever perception people had of Brandon, I knew him as an aspirational, big-hearted soul who had the courage to be vulnerable in intimate (no gay) situations. He was a better friend to me than I was to him. I'm guessing many others would feel the same.
  6. Like
    yk9001 reacted to Chuck in Longtime member & friend/contributor of AngelsWin.com (Brandon) has passed away   
    Yep, that was Brandon. 
  7. Like
    yk9001 got a reaction from ten ocho recon scout in Angels fire clubhouse manager   
    Between this, and the clubhouse guy being the drug-getter - what in the hell is going on around there?

  8. Like
    yk9001 got a reaction from Taylor in Michael Clevinger is a douche   
  9. Like
    yk9001 got a reaction from Taylor in Trumped   
    It's been orange for over two years.
  10. Like
    yk9001 got a reaction from jsnpritchett in How the Angels burnt 1 billion   
    That pujols art reminds me of the 'Nailed it" meme

  11. Like
    yk9001 got a reaction from Tank in How the Angels burnt 1 billion   
    That pujols art reminds me of the 'Nailed it" meme

  12. Like
    yk9001 reacted to Chuck in Can I sell face value Rams or Chargers tickets here?   
    Yes, that's totally cool @yk9001.
  13. Like
    yk9001 got a reaction from Chuck in Can I sell face value Rams or Chargers tickets here?   
    I don't see another spot.  And I don't know if it is kosher to sell non Angels tickets.
     
  14. Thank You
    yk9001 reacted to angelsnationtalk in Moreno Family Exploring Sale of the Los Angeles Angels   
    I hope Bally Sports disappears off the face of the earth. By far the worst viewing experience. Apps always crash, feed always freezes and every time i click to watch i get spammed by commercials. I miss FSW, and I hope the new owner considers his own network
  15. It's True!
    yk9001 got a reaction from AngelsLakersFan in Moreno Family Exploring Sale of the Los Angeles Angels   
    And it sucks
  16. Like
    yk9001 reacted to bloodbrother in Moreno Family Exploring Sale of the Los Angeles Angels   
    I got you(since I made it)
    The play in real time

     
    But more importantly, here's the real highlight

     
    My favorite part of this is always seeing the ball bounce in the background just as Wells feet disappear behind the wall
  17. Like
    yk9001 reacted to CaliAngel in Gameday Thread (8/25/22): Angels @ Rays - Trout off day, Ford selected and batting cleanup   
    Rays Announcers: 

    "And Suzuki is retired."
    Boy don't we wish...
  18. Like
  19. Like
    yk9001 got a reaction from ettin in Tax ramifications for a new owner   
    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. 
  20. Like
    yk9001 got a reaction from Angel Oracle in Tax ramifications for a new owner   
    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. 
  21. Like
    yk9001 got a reaction from Lhalo in Tax ramifications for a new owner   
    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. 
  22. Like
    yk9001 got a reaction from BigVladdy in Tax ramifications for a new owner   
    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. 
  23. Like
  24. Like
    yk9001 got a reaction from ten ocho recon scout in Toronto   
    Well played.
  25. Like
    yk9001 got a reaction from Inside Pitch in Toronto   
    Congrats, @Taylor.  Getting it done!
×
×
  • Create New...