The billionaire playbook: How US sports owners use their teams to avoid millions in taxes

Owners like Steve Ballmer can take the kinds of deductions on team assets — everything from media deals to player contracts — that industrialists take on factory equipment. That helps them pay lower tax rates than players and even stadium workers.

Credit: Lisa Larson-Walker/ProPublica. Photos: LeBron James (Meg Oliphant/Getty Images), Kawhi Leonard (Jevone Moore/Icon Sportswire via Getty Images), Steve Ballmer (Ringo Chiu/AFP via Getty Images)

by Robert Faturechi, Justin Elliott and Ellis Simani, Pro-Publica

(July 8) – At a concession stand at Staples Center in Los Angeles, Adelaide Avila was pingponging between pouring beers, wiping down counters and taking out the trash. Her Los Angeles Lakers were playing their hometown rival, the Clippers, but Avila was working too hard to follow the March 2019 game.

When she filed taxes for her previous year’s labours at the arena and her second job driving for Uber, the 50-year-old Avila reported making $44,810. The federal government took a 14.1% cut.

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NHL enforcers die on average 10 years younger than their fellow players, study finds

hockey players fighting

When legendary enforcer Bob Probert (L) died in 2011, doctors found CTE in his brain tissue | Rick Stewart/Allsport/Getty Images

By Pierre Saint-Arnaud

Canadian Press (May 10, 2023) – A study of former National Hockey League players shows that enforcers who spent a lot of time dropping their gloves or in the penalty box lived significantly shorter lives than their peers.

Researchers at Columbia University in New York reached the conclusion after analyzing data from 6,039 NHL players from 1967 to last spring.

The study, published Wednesday in the JAMA Network Open, found that enforcers died on average a decade younger than comparable peers who were drafted at the same rank, were of similar height and weight and played the same position.

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You Can Shove Your Coronation – Liverpool Fans Message To King Charles

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You Can Shove Your Coronation – Celtic Fans Message To King Charles

Celtic fans message to the royal family and king Charles to shove the coronation at the Scottish Cup Semi Final where Celtic defeated Rangers 1-0 at Hampden park

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The Art of Swimming (Excerpt)

From Cave of the Swimmers, Wadi Sura, Egypt. Photo Roland Unger, CC BY-SA 3.0

By Bill Hayes

Aristotle, in the 4th century B.C., observed that it was “not inappropriate” to compare swimming to running.  And it’s true, one could do a kind of head count of body parts and see that each one is engaged while swimming:  eyes, mouth, nose, lungs, heart, shoulders, chest, arms, hands, neck, back, abdominal muscles, buttocks, legs, feet.

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Sportsnet tries to give its audience a Maple Leafs fairy tale. Too bad it’s by the Brothers Grimm

By SIMON HOUPT

mediaculpaheader.stretched

(April 19, 2023) – In the newspaper game, the Sports section is sometimes called “the toy department.” The term originated decades ago as an insult wielded by the more hard-bitten “real” news folks, but it’s hard to be offended, because there’s also an element of truth to it: Most of us developed our appreciation for sports at a young age, and whenever we watch or play, there’s a childlike element threaded through the enjoyment. Besides, why should kids be the only ones to enjoy the simple pleasures of a well-thwacked ball, or the clang of a puck as it caroms off the crossbar and into the net?

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Note to readers – From July 22, 2022 to April 8, 2023 this blog – as well asTony Seed’s blog – has been shut down by WordPress after the password was inadvertently deleted. Sincere thanks to all those who expressed their interest, support and patience. Expect an uptake in posts as we endeavour to make up for lost ground.

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Canadian women’s basketball rebuilds

Aaliyah Edwards, left, Miranda Ayim, centre, and Kim Gaucher, right. (Brian Snyder/Reuters)

At the 2012 London Olympics, two Canadian women’s teams announced their presence on the world stage.

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The Daily Mail: Wimbledon to pay $1 million fine for the ban of Russian and Belarusian tennis players

Women’s Tennis Association (WTA) will resolve the appeal on this issue only after full payment of the fine.

The Daily Mail: Wimbledon organizers will pay $ 1 million for the removal of Russians and Belarusians
© Photo: Panoramic, Keystone Press Agency, Global Look Press

By Marina Krizhanovskaya

According to British media reports, the UK Lawn Tennis Association (LTA) and the All England Lawn Tennis and Croquet Club have been fined just over $1 million for excluding tennis players from Russia and Belarus from participating in three tournaments. It is noted that tennis players were not allowed to tournaments held in Eastbourne, Nottingham and Birmingham.

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“They didn’t choose where to be born”: Wimbledon semi-finalist sympathizes with the Russians


(July 6) – Kazakh tennis player Elena Rybakina says she sympathized with the Russian tennis players, who were not allowed to Wimbledon, because every athlete wants to play in the biggest tournament of the Grand Slam series. 

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