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The tax was unique in several respects. First, it was a flat-rate tax of $2,500 per game, imposed on all players who were on a team's roster for a game in the state, including Tennessee residents. However, the tax applied to a maximum of three games per calendar year. [7]
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“When you get paid with a W-2, ... For tax purposes, do you report the value at the time of the deal or the decreased value? “Bitcoin was $66,000 a coin a month and a half ago, and now it's ...
For instance, CBS paid around $800 million for broadcasting rights to a three-week 2014 men's basketball tournament. [30] Because of the revenue and positive attention players bring to their colleges, there is a high demand to be fairly compensated. [ 30 ]
In 2014, the AFL and its clubs accepted a luxury tax on football department spending (excluding the salary cap) to take effect in 2015 and an overall revenue tax to take effect by 2017. Clubs that exceed the football department cap will pay the AFL the lesser of $1 million or 37.5% of the excess, and repeat offenders will pay the lesser of 75% ...
Yet Georgia State’s 32,000 students are still required to cover much of the costs. Over the past five years, students have paid nearly $90 million in mandatory athletic fees to support football and other intercollegiate athletics — one of the highest contributions in the country.
Because those who run college football (university presidents) want a better product that can drive more revenue that currently sits at more than $4 billion combined annually for all Football ...
In aggregate, the Yankees have paid out some $325.00 MM, 73.78% of the total fines assessed since the luxury tax began. In 2016 a record six teams were issued the luxury tax by MLB. The Los Angeles Dodgers ($31.8 million), the New York Yankees ($27.4 million), the Boston Red Sox ($4.5 million), the Detroit Tigers ($4 million), the San Francisco ...