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Quote from: BruceBanner18 on June 22, 2022, 09:57:05 AMQuote from: Roy H. on June 21, 2022, 08:08:54 PMQuote from: colincb on June 21, 2022, 08:02:44 PMQuoteCeltics co-owner and governor Wyc Grousbeck shed some more light on the luxury tax, ownership and spending when asked Tuesday on 98.5′s Felger and Mazz show.“The reason that we bought the Celtics in the first place — and I got 20 guys together to do it — was so that we could vindicate, try to take care of this great thing much bigger than any of us that truly great people put together before us,” Grousbeck said. “We’re trying to do everything we can for the Celtics. It’s been that way since 2003. There’s no question. Whatever needs to be done, can be done, can possibly be done.“I’ve had four different in-person conversations with Brad and Ime (Udoka) in the last four days, and it’s been: ‘Let’s go.’ That’s the way it’ll be for as long as we have a team that can compete. We are really excited and can’t wait to see what happens.”Wyc could be lying too though.I'm sure he is. They've paid $50 million in luxury tax since buying the team, despite $700+ million in profit and $2 billion in appreciation. Despite being to the ECF four of the past six seasons, we've spent a total of $3.4 million in tax since 2013.But sure, we're going to go all-in. Lol. I guess I'm just a cynic. I'm open to a friendly wager, though. Steak dinner?I take that bet. We 100% will be tax payers this season.Well, "tax payers" isn't the bet. I agree that we'll pay tax. Otherwise, our off-season would basically be dumping Theis and signing a bunch of vet minimum guys. colin thinks that we'll exceed the tax by an amount substantially higher than $10 million. So, let's say the bet is that we won't exceed the tax by $17 million or more. Still in? If so, we can wager the cost of a ribeye at the steakhouse of your choosing. I'd prefer to keep this in the Texas Roadhouse / Longhorn category, but if you want to go to a Ruth's Chris or Grill 23 level, cool.
Quote from: Roy H. on June 21, 2022, 08:08:54 PMQuote from: colincb on June 21, 2022, 08:02:44 PMQuoteCeltics co-owner and governor Wyc Grousbeck shed some more light on the luxury tax, ownership and spending when asked Tuesday on 98.5′s Felger and Mazz show.“The reason that we bought the Celtics in the first place — and I got 20 guys together to do it — was so that we could vindicate, try to take care of this great thing much bigger than any of us that truly great people put together before us,” Grousbeck said. “We’re trying to do everything we can for the Celtics. It’s been that way since 2003. There’s no question. Whatever needs to be done, can be done, can possibly be done.“I’ve had four different in-person conversations with Brad and Ime (Udoka) in the last four days, and it’s been: ‘Let’s go.’ That’s the way it’ll be for as long as we have a team that can compete. We are really excited and can’t wait to see what happens.”Wyc could be lying too though.I'm sure he is. They've paid $50 million in luxury tax since buying the team, despite $700+ million in profit and $2 billion in appreciation. Despite being to the ECF four of the past six seasons, we've spent a total of $3.4 million in tax since 2013.But sure, we're going to go all-in. Lol. I guess I'm just a cynic. I'm open to a friendly wager, though. Steak dinner?I take that bet. We 100% will be tax payers this season.
Quote from: colincb on June 21, 2022, 08:02:44 PMQuoteCeltics co-owner and governor Wyc Grousbeck shed some more light on the luxury tax, ownership and spending when asked Tuesday on 98.5′s Felger and Mazz show.“The reason that we bought the Celtics in the first place — and I got 20 guys together to do it — was so that we could vindicate, try to take care of this great thing much bigger than any of us that truly great people put together before us,” Grousbeck said. “We’re trying to do everything we can for the Celtics. It’s been that way since 2003. There’s no question. Whatever needs to be done, can be done, can possibly be done.“I’ve had four different in-person conversations with Brad and Ime (Udoka) in the last four days, and it’s been: ‘Let’s go.’ That’s the way it’ll be for as long as we have a team that can compete. We are really excited and can’t wait to see what happens.”Wyc could be lying too though.I'm sure he is. They've paid $50 million in luxury tax since buying the team, despite $700+ million in profit and $2 billion in appreciation. Despite being to the ECF four of the past six seasons, we've spent a total of $3.4 million in tax since 2013.But sure, we're going to go all-in. Lol. I guess I'm just a cynic. I'm open to a friendly wager, though. Steak dinner?
QuoteCeltics co-owner and governor Wyc Grousbeck shed some more light on the luxury tax, ownership and spending when asked Tuesday on 98.5′s Felger and Mazz show.“The reason that we bought the Celtics in the first place — and I got 20 guys together to do it — was so that we could vindicate, try to take care of this great thing much bigger than any of us that truly great people put together before us,” Grousbeck said. “We’re trying to do everything we can for the Celtics. It’s been that way since 2003. There’s no question. Whatever needs to be done, can be done, can possibly be done.“I’ve had four different in-person conversations with Brad and Ime (Udoka) in the last four days, and it’s been: ‘Let’s go.’ That’s the way it’ll be for as long as we have a team that can compete. We are really excited and can’t wait to see what happens.”Wyc could be lying too though.
Celtics co-owner and governor Wyc Grousbeck shed some more light on the luxury tax, ownership and spending when asked Tuesday on 98.5′s Felger and Mazz show.“The reason that we bought the Celtics in the first place — and I got 20 guys together to do it — was so that we could vindicate, try to take care of this great thing much bigger than any of us that truly great people put together before us,” Grousbeck said. “We’re trying to do everything we can for the Celtics. It’s been that way since 2003. There’s no question. Whatever needs to be done, can be done, can possibly be done.“I’ve had four different in-person conversations with Brad and Ime (Udoka) in the last four days, and it’s been: ‘Let’s go.’ That’s the way it’ll be for as long as we have a team that can compete. We are really excited and can’t wait to see what happens.”
The Tax that is paid by Teams goes where?Is it the NBA and is distributed to other Teams or something different?