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Started By
Message
Bush and the IRS
Posted on 6/22/10 at 3:07 pm
Posted on 6/22/10 at 3:07 pm
LINK
Welp, here we go. Not that it's a ton of money for him I suppose, but again...the USC debacle rears its ugly head.
Welp, here we go. Not that it's a ton of money for him I suppose, but again...the USC debacle rears its ugly head.
This post was edited on 6/22/10 at 3:09 pm
2
Posted on 6/22/10 at 3:14 pm to jdrumdog
no big deal. write the check and be done with it.
Posted on 6/22/10 at 3:16 pm to The Hamburglar
quote:
write the check and be done with it
You'd be surprised at how many professional athletes live paycheck to paycheck.
Posted on 6/22/10 at 3:18 pm to The Hamburglar
quote:
write the check and be done with it.
this
He makes more than $150 grand per quarter this year.
Posted on 6/22/10 at 3:19 pm to ClientNumber9
quote:
You'd be surprised at how many professional athletes live paycheck to paycheck.
If Reggie is living paycheck to paycheck, then there's something wrong. His contract plus endorsements...$200k should be pocket change for him.
Posted on 6/22/10 at 3:21 pm to ClientNumber9
quote:
You'd be surprised at how many professional athletes live paycheck to paycheck.
I hope this is sarcasm.
Posted on 6/22/10 at 3:28 pm to rintintin
quote:
Bush and the IRS
quote:
You'd be surprised at how many professional athletes live paycheck to paycheck.
I hope this is sarcasm.
not really, there are alot of Pro athletes that do not have their finances in order and in essence are really playing for free.
Posted on 6/22/10 at 3:31 pm to Tactical1
I understand this. Maybe the players that are making minimum salary or other unknown players that don't properly regulate their finances, but a player like Reggis Bush, who is making $11 million dollars this year, and who has multiple multi-million dollar endorsement contracts, is not, and I repeat IS NOT living paycheck to paycheck.
This post was edited on 6/22/10 at 3:34 pm
Posted on 6/22/10 at 4:41 pm to rintintin
If he writes the check he is basically admitting guilt though. He may not want to do this.
Posted on 6/22/10 at 4:47 pm to LakeViewLSU
quote:
If he writes the check he is basically admitting guilt though. He may not want to do this.
Sometimes admitting guilt and putting it behind you and out of the public eye is the best route to go, as oppose to going through a lengthy trial that acts as a distraction and puts you in the negative media eye for a prolonged time.
Posted on 6/22/10 at 6:23 pm to rintintin
quote:
I hope this is sarcasm.
Hell no it isn't
Posted on 6/22/10 at 6:51 pm to EmperorGout
quote:
Hell no it isn't
right, it's not.
just look at how many big time athletes are bankrupt or in serious debt very soon after retiring.
Posted on 6/22/10 at 7:04 pm to el tigre
An athlete could be living paycheck to paycheck on Reggie's contract if they have big entourages, bad business deals, or too many paternity cases. Reggie doesn't appear to have any of those though.
Posted on 6/22/10 at 7:08 pm to saintsfan22
or paying off witnesses.
but, we aren't saying Bush is check to check, just that's it's not as crazy to think of it a possibility for some very highly paid athletes.
but, we aren't saying Bush is check to check, just that's it's not as crazy to think of it a possibility for some very highly paid athletes.
Posted on 6/22/10 at 7:50 pm to jdrumdog
quote:
Welp, here we go. Not that it's a ton of money for him I suppose, but again...the USC debacle rears its ugly head.
the feds will need more than NCAA findings to hold Bush accountable for that.
Posted on 6/22/10 at 8:10 pm to el tigre
quote:
we aren't saying Bush is check to check, just that's it's not as crazy to think of it a possibility for some very highly paid athletes.
Yes, I know this. But Reggie is not, that's the end of it.
Posted on 6/22/10 at 8:36 pm to rintintin
quote:
Yes, I know this. But Reggie is not, that's the end of it.
well frick it if you say so, then thats the end of it
Posted on 6/22/10 at 8:37 pm to LSUTANGERINE
quote:
the feds will need more than NCAA findings to hold Bush accountable for that.
no but the "feds" can compel answers with a little more authority than the NCAA can, and there are a lot more repercussions for lying to them then there are for lying to the NCAA.
Reggie needs to tread lightly here, and not worry about protecting USC.
ETA hey look at that, it wasn't the end of it, I kept posting.
This post was edited on 6/22/10 at 8:46 pm
Posted on 6/22/10 at 8:56 pm to tigerguy121
quote:
and there are a lot more repercussions for lying to them then there are for lying to the NCAA.
Except he has no reason to lie to them since they can't punish him more than making him pay some money which he can easily afford.
quote:
Reggie needs to tread lightly here, and not worry about protecting USC.
He could tell the Feds everything. I doubt he looking to protect SC much since they've excommunicated him. Also the NCAA probably can't punish SC more for essentially the same actions committed by Bush so he wouldn't have to protect them. If he names and proves more players were getting played sure, but he's not going to do that.
Posted on 6/22/10 at 9:01 pm to LakeViewLSU
quote:
If he writes the check he is basically admitting guilt though. He may not want to do this.
Considering this is the IRS and not the NCAA, he definitely wants to just pay and be done with it.
My question is shouldn't they be going after his mom and dad or whomever for a good portion of that considering they got a portion of the gifts too?
This post was edited on 6/22/10 at 9:04 pm
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