This Could Make the Offseason Tough

Discussion in 'Portland Trail Blazers' started by e_blazer, Mar 19, 2018.

  1. e_blazer

    e_blazer Rip City Fan

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  2. Strenuus

    Strenuus Global Moderator Staff Member Global Moderator

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    Okay, wtf does this ACTUALLY mean? People smarter than I, help!
     
  3. theprunetang

    theprunetang Shaedon "Deadly Nightshade" Sharpe is HIM

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    I'm not going anywhere near tax law bullshit.
     
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  4. jlprk

    jlprk The ESPN mod is insane.

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    What a rip-off to the public. Each team not only amortizes player contracts, instead of expensing them in real time--The team also amortizes its original purchase price, saving big on taxes in the initial years, and compensating by paying more tax when the team is sold. In amortization, there are always several schedules from which to choose, to minimize taxes.

    http://www.greenberglawoffice.com/roster-depreciation-allowance/
     
  5. jlprk

    jlprk The ESPN mod is insane.

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    I suppose that the IRS could fix the value of draft picks included in trades, using a sliding scale based upon draft position. To value a player, maybe it would be what he last made, times a multiplier. The formula would no doubt include more variables than that.
     
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  6. GrandpaBlaze

    GrandpaBlaze Predictions Game Master

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    At a certain point the multiplier would be negative depending on age, productivity, health and so forth.

    Olshey has done a good job of acquiring players with negative multipliers. Unfortunately he has also paid good money to keep some with negative multipliers.
     
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  7. illmatic99

    illmatic99 formerly yuyuza1

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    So we cant use our TPE to get a player?
     
  8. GrandpaBlaze

    GrandpaBlaze Predictions Game Master

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    Perhaps TPEs would be the NBA version of “Goodwill”, a virtual asset than can be acquired or traded.
     
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  9. Wizard Mentor

    Wizard Mentor Wizard Mentor

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    Semi-serious question: Does that mean we can write off Biebs, and get a refund from the IRS? :)
     
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  10. GrandpaBlaze

    GrandpaBlaze Predictions Game Master

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    Hmmm, he IS an asset that may need to be written off, we still pay the full purchase price but can we claim it as an asset that has lost value? Kinda like buying a house in a boom and later finding yourself underwater.

    Wouldn’t help with the salary cap but now you’re going to get those dreaded Vulcan minds wondering.
     
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  11. handiman

    handiman Well-Known Member

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    New nickname for Meyers and Turner: Death and Taxes.
     
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  12. Mediocre Man

    Mediocre Man Mr. SportsTwo

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    So could what NO did in 2016
     
  13. jlprk

    jlprk The ESPN mod is insane.

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    Other intangible variables would be what kind of free agent the player is, or how far from free agency he is...the number of votes he got to make All-NBA, down to 3rd team...PER and many other advanced stats...how he fares in jlprk's posts...the formula will be at least as complicated as this.

    https://www.basketball-reference.com/about/per.html
     

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