- 11:48 PM
- 12/17/24
How is that even possible? Wouldn't the team's payment of his tax be taxable compensation? It's taxes all the way down.
I have heard of this before and became popular during the economic downturn in 2008 & 2009.
The tax is taxable income. So assume 50% tax if a player wants $1M a year, his actual salary is $2M. The benefit to the player with this clause is if the local government raises taxes, like during an economic downturn, he gets an automatic raise to cover the new tax without renegotiating the contract.
I also wonder if European soccer players have similar problem to some US athletes. I have heard of high paying US athletes that have to pay taxes to the local authorities for away games. Players at clubs in CL and Europa could have similar problem.
posted by gscheetz at 08:33 AM on January 31, 2014
As bad as the bounty system was, Pamphilon's betrail will be just as damaging in the long run. How many NFL teams will now refuse to allow documentary filmmakers into their meetings which will result in how many stories, like Steve Gleason's battle with ALS, to not be told or heard.
Sad outcome for a filmmakers 15-minutes of fame.
posted by gscheetz at 11:26 AM on April 07, 2012
SportsFilter: The Wednesday Huddle
Reminds me of a quote I saw a while ago from RVP.
"Pure strikers are very horny. They are horny to score a goal. I call it horny football. Like a man can hunt on a woman, that's how a topscorer sees it. It's like a sexual challenge in the net. I'm not as horny as Ruud van Nistelrooij is. He lives to score. I have other parts of the game that makes me satisfied. That's why I will never be a topscorer." -- Robin van Persie
Zlatan fits this description well. :)