FB: Liberty League

[Jonny Utah]

So, those $100,000 in student loans not enough for you?  Now, Derek Jeter's favorite "Saint" is facing the wrath of the IRS in another edition of "Sad But True"...

http://www.nbcnewyork.com/news/local/Fan-Who-Caught-Jeters-3000th-Hit-May-Owe-IRS-Thousands-125406723.html

Ha! It gets even better!....
I love the line "Jeter should do the right thing" ....get real, this kid was out of Jeters throughts the second he had the ball in his hands.  He didn't do anything besides take a couple pictures and sign a few items, the yankees organization took care of the other stuff.


It is too late to take the ball back and negotiate the correct way?

go ahead and say it Reg....What is this amateur hour?

The interesting thing with this ball situation is that Derek Jeter isn't going to lose any sleep, or have to work any more hours in his life if he or the Yankees don't get that ball.  Christian Lopez on the other hand is going to have to sacrifice something for giving this ball back. 

You also have to consider the fact that he is a Yankees fan and is probably going to live in the New York/Yankee fan area for the rest of his life.  Does he get shiz from other New Yorkers the rest of his life for keeping the ball?  Is the money worth that agrivation?

And Yankees tickets aren't going to cut it.  He could probably go right up to Hess Gas and tell them he is going to have a few press conferences sponsered by Hess if Hess gives him a few box seats every year for life.  No brainer for many of thoese  companies.

Bottom line if it was me, I hire a lawyer, tell him that I want as much cash as possible out of the ball, and then auction it, sell it, whatever.  Then I tell people that some of it will go to charity, and the rest of it is going in my wallet.

[lewdogg11]

I dont think Hess would bea good idea. I'd spend most of the money on scratchies, dip, and beef jerky.

[Doid23]

You also have to consider the fact that he is a Yankees fan and is probably going to live in the New York/Yankee fan area for the rest of his life.  Does he get shiz from other New Yorkers the rest of his life for keeping the ball?  Is the money worth that agrivation?

If anything, he's going to get more ish from New Yorkers for giving up the ball rather than taking the payday. He's not Steve Bartman.

[Jonny Utah]

You also have to consider the fact that he is a Yankees fan and is probably going to live in the New York/Yankee fan area for the rest of his life.  Does he get shiz from other New Yorkers the rest of his life for keeping the ball?  Is the money worth that agrivation?

If anything, he's going to get more ish from New Yorkers for giving up the ball rather than taking the payday. He's not Steve Bartman.

Yea but he would get laughed and mocked now, where if he held out for money there might be some anger involved.

[Doid23]

You also have to consider the fact that he is a Yankees fan and is probably going to live in the New York/Yankee fan area for the rest of his life.  Does he get shiz from other New Yorkers the rest of his life for keeping the ball?  Is the money worth that agrivation?

If anything, he's going to get more ish from New Yorkers for giving up the ball rather than taking the payday. He's not Steve Bartman.

Yea but he would get laughed and mocked now, where if he held out for money there might be some anger involved.

Hey, this is New York we're talking about. He's going to get crap either way, and there will be anger involved...

[SaintsFAN]

I dont think Hess would bea good idea. I'd spend most of the money on scratchies, dip, and beef jerky.

here, here

[Frank Rossi]

Doid, prevailing view here in the NYC is that Lopez made the right and nearly heroic choice, especially in light of the IRS story.  NYC isn't nearly as harsh as you seem to be painting it!

[kubiack78]

looks like Mr. Lopez is getting some help.
http://sports.yahoo.com/mlb/blog/big_league_stew/post/Companies-offer-to-pay-taxes-Lopez-might-owe-on-?urn=mlb-wp12669

[Knightstalker]

looks like Mr. Lopez is getting some help.
http://sports.yahoo.com/mlb/blog/big_league_stew/post/Companies-offer-to-pay-taxes-Lopez-might-owe-on-?urn=mlb-wp12669

But couldn't the IRS claim that anyone paying his taxes is providing him with income and then tax him on the income?

[Jonny Utah]

looks like Mr. Lopez is getting some help.
http://sports.yahoo.com/mlb/blog/big_league_stew/post/Companies-offer-to-pay-taxes-Lopez-might-owe-on-?urn=mlb-wp12669

But couldn't the IRS claim that anyone paying his taxes is providing him with income and then tax him on the income?

Yes they could.  I believe that is what happened to Richard Hatch from Survivor.  He said the network was going to pay his taxes in exchange for him keeping quiet about cheating on the show. 

[Frank Rossi]

This is the first case we discussed in Taxation at Harvard -- if someone pays your income tax for you, then there can be one level of tax on the tax.  The IRS stops there -- it doesn't tax the second payment.

[Knightstalker]

Well KS is finally completely out of Jersey City and back home where he grew up.  No more sounds of drive by's at night, now just the sounds of jacked up 4x4's, bikes and the locals blowing stuff up and shooting at critters on their land.  It's good to be home.

[dlippiel]

Personally, I would view that ball as my childrens college tuition. Looking at it through that lens, the right thing to do would certainly be to keep it. Of course, it's easy to say that from behind my laptop, while not caught up in the moment, with the Yankees ushering me into a suite, down to the locker room, etc. A lot tougher to say no then. But in the end, I like my kids more than Derek Jeter.

EX-****ING-ACTLY DOID!

[JT]

You also have to consider the fact that he is a Yankees fan and is probably going to live in the New York/Yankee fan area for the rest of his life.  Does he get shiz from other New Yorkers the rest of his life for keeping the ball?  Is the money worth that agrivation?

If anything, he's going to get more ish from New Yorkers for giving up the ball rather than taking the payday. He's not Steve Bartman.

JT was a day late for 3,000.  Birthday present from MJT was the Audi club just above left field.  Big large window overlooking the field.  Air conditioning, seats with table facing the field.  All you can eat buffet: sushi, shrimp cocktail, salads, pasta, chicken, filet mignon, cakes, cookies, and gelato.  Free water and soda... booze extra.  TV feed piped in over the speakers.  Can hear and see everything.... except for the blind spot underneath the club.

Great way to see a game at least once in one's life.

1-0 CC Sabathia win.

Anyway... Lopez got a standing o at the game. I'm a life long Yankee fan, but even I'd most likely think about the future... retirement... kid's education etc., etc.,

I respect Jeter very much, but he got a $500K bonus for the All-Star nod, a game he skipped... not even a wave of the cap.

His bonus for the ball.

[Frank Rossi]

JT -- How does the pricing work for that setup?