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Nets Will Pay Record $75 mill. In Luxury Tax

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  • Nets Will Pay Record $75 mill. In Luxury Tax

    Just saw it on tv...

    That's nasty!!
    If Your Uncle Jack Helped You Off An Elephant, Would You Help Your Uncle Jack Off An Elephant?

    Sometimes, I like to buy a book on CD and listen to it, while reading music.

  • #2
    Have to applaud their effort of going all in on building a contender fast, postseasons in New York bring a lot of dough, and a deep playoff run will cover that tax completely, of course if the old guys arent dead by then and D-Will isnt requesting a trade because he isnt getting enough shots

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    • #3



      Makes sense...
      Twitter - @thekid_it

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      • #4
        Vykis wrote: View Post
        Have to applaud their effort of going all in on building a contender fast, postseasons in New York bring a lot of dough, and a deep playoff run will cover that tax completely, of course if the old guys arent dead by then and D-Will isnt requesting a trade because he isnt getting enough shots
        I'd like to see the raps do that. Just go all-in..never happen, though.
        If Your Uncle Jack Helped You Off An Elephant, Would You Help Your Uncle Jack Off An Elephant?

        Sometimes, I like to buy a book on CD and listen to it, while reading music.

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        • #5
          $75M is nothing to this guy. He's worth billions.

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          • #6
            Apollo wrote: View Post
            $75M is nothing to this guy. He's worth billions.
            75 million is something to everyone..don't care if your a billionaire
            If Your Uncle Jack Helped You Off An Elephant, Would You Help Your Uncle Jack Off An Elephant?

            Sometimes, I like to buy a book on CD and listen to it, while reading music.

            Comment


            • #7
              Apollo wrote: View Post
              $75M is nothing to this guy. He's worth billions.
              Prokhorov is a business man first, an owner second, he wouldnt go over the tax, lose millions just because he's a fan of his team a la Cuban, he's making business decisions that will make him more money.


              PS the Nets marketing team did a helluva job of making the Nets look cool (Jerseys, court, Jay Z), that and a decent team last season a really good team next season willt attract non homer/ bandwagon/ overseas fans.

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              • #8
                LBF wrote: View Post
                75 million is something to everyone..don't care if your a billionaire
                That guy's net worth is $13B. So let's say your net worth was $500K (which is quite a bit). $75M to $13B is about $3K to $500K.

                Is $3K really that much if you have $500,000 to your name?

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                • #9
                  planetmars wrote: View Post
                  That guy's net worth is $13B. So let's say your net worth was $500K (which is quite a bit). $75M to $13B is about $3K to $500K.

                  Is $3K really that much if you have $500,000 to your name?
                  No shit it is! It's easy to say that it's no big deal when it's not your money being spent and used. If you make $500K per year, I don't care if it's only $3K, no one wants to waste money. To put this into prospective that's more realistic to us, middle-classed people, $75M to $13B is about $150 to $25,000. If you are earning $25,000 per year and you get say a $150 traffic ticket from the cops, you would be pretty pissed and annoyed that you actually have to pay that ticket. Point being, no one wants to lose a portion of their money regardless of how much money you have.

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                  • #10
                    planetmars wrote: View Post
                    That guy's net worth is $13B. So let's say your net worth was $500K (which is quite a bit). $75M to $13B is about $3K to $500K.

                    Is $3K really that much if you have $500,000 to your name?
                    It's not that much. But, it's certainly not "nothing"..
                    If Your Uncle Jack Helped You Off An Elephant, Would You Help Your Uncle Jack Off An Elephant?

                    Sometimes, I like to buy a book on CD and listen to it, while reading music.

                    Comment


                    • #11
                      Mikhail really wanted to win championship right...

                      Yahoo is reporting that he's listening to offers for Nets.

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                      • #12
                        rocwell wrote: View Post
                        Mikhail really wanted to win championship right...

                        Yahoo is reporting that he's listening to offers for Nets.
                        Really? That's hilarious if it's true.

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                        • #13
                          white men can't jump wrote: View Post
                          Really? That's hilarious if it's true.



                          woj bomb

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                          • #14
                            Wtf he's looking to selling the team alrdy? He owned the nets for what 2 years ?

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                            • #15
                              TrossTheBOSS wrote: View Post
                              Wtf he's looking to selling the team alrdy? He owned the nets for what 2 years ?
                              He own nets since '10. He bought 80% of nets and 45% of Barclays center for $223M.

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