THE BOOK--Playing The Percentages In Baseball

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Tuesday, July 12, 2011

Taxman

By Tangotiger, 03:04 PM

I remember when McGwire’s 1998 ball was up for discussion, someone from the IRS said that the person who got the ball, whether he kept it or gave it away, would get a tax bill, based on the market value of the ball (however that would have gotten figured). The IRS commissioner, the next day, stepped in, and said that that would NOT happen. Seems precedent-setting to me.

Anyway, the Jeter guy “traded” the ball for stuff. The right way to do this is that the guy gives the ball unconditionally, and then the team gives him stuff unconditionally. It’s not a trade, but a gift. Of course, the IRS will consider the two transaction to be related anyway, so, forget that idea.

What say you?

(48) Comments • 2011/07/16 • Sabermetrics • MLB_Management

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THE BOOK--Playing The Percentages In Baseball

Tuesday, July 12, 2011

Taxman

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