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Posted on 4/30/14 at 8:20 am to bbap
Here's a little bit of info for ESPN executives...
when your SPORTS shows turn into politics/tmz-style reporting, I change the channel. I haven't listened to more than 30 seconds of Mike and Mike at all this week. It's not like we don't have anything sports-wise currently going on to discuss.
when your SPORTS shows turn into politics/tmz-style reporting, I change the channel. I haven't listened to more than 30 seconds of Mike and Mike at all this week. It's not like we don't have anything sports-wise currently going on to discuss.
Posted on 4/30/14 at 8:24 am to Choupique19
its times like this that im glad ive broaden my horizon to soccer and other sports outside the main 3. i'm not saying those sports are immune to such things, but if one sport goes full tmz like the NBA is right now i have other options.
Posted on 4/30/14 at 8:30 am to bbap
quote:
broaden my horizon to soccer
Posted on 4/30/14 at 8:31 am to bbap
quote:
its times like this that im glad ive broaden my horizon to soccer and other sports outside the main 3. i'm not saying those sports are immune to such things, but if one sport goes full tmz like the NBA is right now i have other options.
it's times like this i'm glad i don't have cable and watch very little TV in general. then I control the content of the news I receive. up until yesterday when there were 40 threads on this topic on this board, I had heard very little. even then, i chose not to click on most of those threads.
Posted on 4/30/14 at 8:31 am to bbap

Posted on 4/30/14 at 8:35 am to hendersonshands
Didn't the Euros throw a banana at a player of color?
Posted on 4/30/14 at 8:36 am to Choupique19
They do that kind of often
Posted on 4/30/14 at 8:38 am to hendersonshands
That happened in the English Premier League or in the South American Leagues?
Posted on 4/30/14 at 8:39 am to SDVTiger
Happened in Spain.
The English league is pretty tame with their racism.
The English league is pretty tame with their racism.
Posted on 4/30/14 at 8:45 am to hendersonshands
La Liga? I saw the incident in S. America
Posted on 4/30/14 at 8:47 am to PortCityTiger24
quote:
Kevin Hart makes fun of white people. Ban him from Hollywood.
This. It's okay to make fun of whites, we all know that.
Thinking about the highly educated response Snoop Dogg had (that in no way reinforced the negative stereotypes

Posted on 4/30/14 at 8:51 am to Choupique19
quote:
Didn't the Euros throw a banana at a player of color?
and it was a 5 second clip on Sportcenter; with zero commentary or outcry.
Posted on 4/30/14 at 8:59 am to SDVTiger
The one that happened most recently was in Spain. Barcelona playing at Villarreal.
Posted on 4/30/14 at 9:01 am to Toula
Was that the one where he ate the banana before the corner kick? It was pretty funny.
Posted on 4/30/14 at 9:02 am to SlowFlowPro
quote:
then by the modern definition of racism they can't be racists, and you get a big sociological mindfrick
See, this isn't the first case where minorities have actually been called racists, thus going against the modern definition.
Everybody called George Zimmerman (hispanic guy) a white cracker racist too.
Posted on 4/30/14 at 9:03 am to SlowFlowPro
I know this has probably been asked already but dude has a wife and a "girlfriend" at the same time? Still pimpin at 80 years old 

Posted on 4/30/14 at 9:08 am to hendersonshands
quote:
Ole girl knew what she was doing when she brought up the Holocaust. She knew exactly how to piss off an old Jew.
Kareem nailed it (except the sexy part):
quote:
Man, what a winding road she led him down to get all of that out. She was like a sexy nanny playing “pin the fried chicken on the Sambo.” She blindfolded him and spun him around until he was just blathering all sorts of incoherent racist sound bites that had the news media peeing themselves with glee.

This post was edited on 4/30/14 at 9:09 am
Posted on 4/30/14 at 9:11 am to Camo Tiger 337
SI had some interesting info on the financial implications of different scenarios
LINK
Important tax law considerations: avoiding capital gain taxes
Sterling, who is 80 or 81 years old (his exact birthdate remains a mystery), has a key financial reason to fight the sale of the Clippers: to avoid capital gain taxes. This insight is from Robert Raiola senior manager in the Sports & Entertainment Group of the Accounting Firm O'Connor Davies, LLP. Sterling reportedly purchased the Clippers for $12.5 million in 1981. If he sold the team today, it would be worth at least $600 million, perhaps closer to $1 billion. Between federal and state capital gains taxes, Sterling would pay an approximately 33 percent tax rate on the difference between what he paid for the team and what he sold it for. For instance, if he sold the Clippers today for $1 billion, Sterling would pay capital gain taxes of 33 percent on a gain of $987.5 million. As a result, Sterling would owe Federal & state capital gain taxes of approximately $329 million.
RELATED: NBPA applauds decisions, but wants Clippers sold
If instead Sterling holds onto the Clippers and some time from now passes away, his family would inherit the team. The family would inherit the team with a value pegged to its fair market value. As Raiola stresses, the new value of the team would be crucial for purposes of capital gains tax. Here's why: if the family inherited the Clippers and then sold it, they would only pay a capitals gain tax on the difference between the value of the team when they inherited it and the value of it when sold. For instance, if the family inherited the team and it was worth $700 million and then they sold it for $800 million, they would only pay capital gain taxes on a gain of $100 million. In that instance, there would be a comparatively modest tax bill of $33 million.
If the Sterling family inherited the Clippers and simultaneously sold it, Raiola tells SI.com, they would pay no capital gains tax, but still have estate tax issues. However, a transaction could be structured whereby the employees of the Clippers organization could own a percentage of the team. In such case, the capital gain taxes on a sale could be partially or fully avoided.
These tax considerations make it more likely that Sterling will fight the NBA to hold onto the Clippers. Even if he ultimately loses a legal battle, the process of losing could take years to play out in court. At the risk of sounding macabre, Sterling may be motivated to wage a protracted legal battle in order to keep the team for as long as he lives.
Important family law considerations: what if Mrs. Sterling files for divorce?
Sterling and his wife, Shelly, are reportedly estranged but not divorced. One potential legal complication for the NBA would be if Mrs. Sterling filed for divorce before the NBA terminated her husband's ownership of the Clippers. California is a "community law" state, which means Mrs. Sterling would likely be entitled to half of her husband's assets. One of his key assets is obviously the Clippers. Mrs. Sterling could potentially use divorce court proceedings to slow down the NBA's ouster of her husband, as she would have a vested stake in any sale of the Clippers.
Could Sterling transfer ownership to Mrs. Sterling?
It is possible that Sterling could try to transfer ownership of the Clippers to Mrs. Sterling before the NBA ousts him. The NBA, however, would have to approve such a maneuver, as Mrs. Sterling would be subject to requirements the league uses to evaluate prospective owners. There is virtually no chance the NBA would approve Mrs. Sterling in this scenario as it would be a clear attempt to evade the NBA's discipline of her husband.
Read More: https://sportsillustrated.cnn.com/nba/news/20140429/donald-sterling-nba-adam-silver-clippers-lawsuit-lifetime-ban/#ixzz30NXNZawl
LINK
Important tax law considerations: avoiding capital gain taxes
Sterling, who is 80 or 81 years old (his exact birthdate remains a mystery), has a key financial reason to fight the sale of the Clippers: to avoid capital gain taxes. This insight is from Robert Raiola senior manager in the Sports & Entertainment Group of the Accounting Firm O'Connor Davies, LLP. Sterling reportedly purchased the Clippers for $12.5 million in 1981. If he sold the team today, it would be worth at least $600 million, perhaps closer to $1 billion. Between federal and state capital gains taxes, Sterling would pay an approximately 33 percent tax rate on the difference between what he paid for the team and what he sold it for. For instance, if he sold the Clippers today for $1 billion, Sterling would pay capital gain taxes of 33 percent on a gain of $987.5 million. As a result, Sterling would owe Federal & state capital gain taxes of approximately $329 million.
RELATED: NBPA applauds decisions, but wants Clippers sold
If instead Sterling holds onto the Clippers and some time from now passes away, his family would inherit the team. The family would inherit the team with a value pegged to its fair market value. As Raiola stresses, the new value of the team would be crucial for purposes of capital gains tax. Here's why: if the family inherited the Clippers and then sold it, they would only pay a capitals gain tax on the difference between the value of the team when they inherited it and the value of it when sold. For instance, if the family inherited the team and it was worth $700 million and then they sold it for $800 million, they would only pay capital gain taxes on a gain of $100 million. In that instance, there would be a comparatively modest tax bill of $33 million.
If the Sterling family inherited the Clippers and simultaneously sold it, Raiola tells SI.com, they would pay no capital gains tax, but still have estate tax issues. However, a transaction could be structured whereby the employees of the Clippers organization could own a percentage of the team. In such case, the capital gain taxes on a sale could be partially or fully avoided.
These tax considerations make it more likely that Sterling will fight the NBA to hold onto the Clippers. Even if he ultimately loses a legal battle, the process of losing could take years to play out in court. At the risk of sounding macabre, Sterling may be motivated to wage a protracted legal battle in order to keep the team for as long as he lives.
Important family law considerations: what if Mrs. Sterling files for divorce?
Sterling and his wife, Shelly, are reportedly estranged but not divorced. One potential legal complication for the NBA would be if Mrs. Sterling filed for divorce before the NBA terminated her husband's ownership of the Clippers. California is a "community law" state, which means Mrs. Sterling would likely be entitled to half of her husband's assets. One of his key assets is obviously the Clippers. Mrs. Sterling could potentially use divorce court proceedings to slow down the NBA's ouster of her husband, as she would have a vested stake in any sale of the Clippers.
Could Sterling transfer ownership to Mrs. Sterling?
It is possible that Sterling could try to transfer ownership of the Clippers to Mrs. Sterling before the NBA ousts him. The NBA, however, would have to approve such a maneuver, as Mrs. Sterling would be subject to requirements the league uses to evaluate prospective owners. There is virtually no chance the NBA would approve Mrs. Sterling in this scenario as it would be a clear attempt to evade the NBA's discipline of her husband.
Read More: https://sportsillustrated.cnn.com/nba/news/20140429/donald-sterling-nba-adam-silver-clippers-lawsuit-lifetime-ban/#ixzz30NXNZawl
Posted on 4/30/14 at 9:15 am to LSUMJ
quote:
For instance, if he sold the Clippers today for $1 billion, Sterling would pay capital gain taxes of 33 percent on a gain of $987.5 million. As a result, Sterling would owe Federal & state capital gain taxes of approximately $329 million.

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