Why does AROD sell his equipment????

[mwbosoxfan]

Re: Why does AROD sell his equipment????

"When people write bad things about me, I don't know if it's because I'm good-looking.."

rudy.

I think that pretty much says it all!!!!!!!

[kingjammy24]

Re: Why does AROD sell his equipment????

Even with white offs you only get a small percentage back and remember to get a write off you have to spend a lot more money - at absolute most I think charity is a 15% write off of what you donated

ahh but that's the beauty of this isn't it? why donate $55 and write off $55 when instead you can buy a $55 bat, swing it around a few times, and turn it into a $3k bat? $55 just bought you a $3k write off, so he's actually spending less than the writeoff. MVP has his HR #520 bat on ebay for $15k. i bet you've never seen $55 turned into $15k so fast. how's that for magic? spend $55/bat x 150 bats, use 'em until they're worth a mint, donate all the bats to the Alex Rodriguez Foundation for Wayward Children (a 501(c) business exempt from federal taxes of course) and write it off. i'm sure his tax wizards have worked wonders with his annual liability. i'd be shocked if he paid anywhere near your estimate. anyway, all of this is for naught anyway given the pending divorce. maybe he really does need to pump those bats out if cynthia's about to have her way with his accounts.

"When people write bad things about me, I don't know if it's because I'm good-looking.."

rudy.

[kingjammy24]

Re: Why does AROD sell his equipment????

"I know plenty of people who work themselves to the bone. I know someone makes nearly a billion a year. Comes to work when he is extremely sick and should be home, sits at his desk with a blanket and tylenols"

i think i know who you're talking about. don't worry, he learned his lesson in the end:



if you work for the guy, expect a big raise next christmas!

"If you can milk it to the bitter end, why not????"

good question. i'll let you answer it: "His wife and family..he hardly ever sees them".

rudy.

[suave1477]

Re: Why does AROD sell his equipment????

[quote=kingjammy24;116740]suave: my bad. i didn't realize rodriguez had to pay taxes. phew, thank god for that MVP gig or else he'd be spending his nights at the local motel 6 with a can of dinty moore! seriously though, how is his memorabilia money "tax free"? if mario/MVP is reporting it, then i'm guessing arod must. [/qoute]

I never said he was crying broke!! I am just putting in to perspective what he is actually coming home with, since you keep bringing up the 28mm like he comes home with the whole 28mm out right

you realize the charities and foundations would likely act as write-offs and reduce his tax liability?

Even with white offs you only get a small percentage back and remember to get a write off you have to spend a lot more money - at absolute most I think charity is a 15% write off of what you donated

anyway, you forgot about $6mm in endorsements and given that his money isn't sitting in a checking account, probably another few million in investment returns. however you slice it, $50k or $100k still strikes me as chump change for a guy grossing $34mm+ annually. but i realize that's just me and i value my free time and personal life. funny thing but the last company i worked for enabled employees to purchase time off. many took advantage of it. most already had more time off than arod and made substantially less. not sure what they were thinking. i should've pointed them to weekend paper routes where they could spend a few hours each weekend making $100.

I agree to an extent, your right most people would want the time off. But you keep assuming he is one of those people!!! I know plenty of people who work themselves to the bone. I know someone makes nearly a billion a year. Comes to work when he is extremely sick and should be home, sits at his desk with a blanket and tylenols, takes one week vacation a year with his family, comes in at about 5am and leaves around 9pm - takes him about an hour and a half to drive to work - so he spends 3 hours of the day on the road

His wife and family live the GREAT LIFE but he hardly ever sees them and is in his mid 50's and has no plans of stopping.

some would say this thread has already devolved into the ridiculous and i'd agree. in short, why does arod spend his free time making chump change? if you believe some, it's so he can become more "financially stable". apparentely, $252mm doesn't go as far as it used to. apparently once you account for taxes, the man's lucky if he's got enough left over for another gulfstream IV. if you believe others, it's because he's addicted to money. i tend to believe he's just a struggling single father of two, busting his hump any way he can so his two girls won't go hungry.

rudy.

I am not saying he is doing it to make himself financially stable, I am just saying he possibly is financially hungry to make every drop he can. If you can milk it to the bitter end, why not????

[jppopma]

Re: Why does AROD sell his equipment????

Rudy....don't forget about saving up for plastic surgery for Madonna.

[kingjammy24]

Re: Why does AROD sell his equipment????

suave: my bad. i didn't realize rodriguez had to pay taxes. phew, thank god for that MVP gig or else he'd be spending his nights at the local motel 6 with a can of dinty moore! seriously though, how is his memorabilia money "tax free"? if mario/MVP is reporting it, then i'm guessing arod must.

you realize the charities and foundations would likely act as write-offs and reduce his tax liability?

anyway, you forgot about $6mm in endorsements and given that his money isn't sitting in a checking account, probably another few million in investment returns. however you slice it, $50k or $100k still strikes me as chump change for a guy grossing $34mm+ annually. but i realize that's just me and i value my free time and personal life. funny thing but the last company i worked for enabled employees to purchase time off. many took advantage of it. most already had more time off than arod and made substantially less. not sure what they were thinking. i should've pointed them to weekend paper routes where they could spend a few hours each weekend making $100.

brian bergerking: i agree with everything you said. anyway, MVP is in FL. if you look at their website, you'll notice almost all of the meetings occur in either NYC or FL. i'm guessing mario doesn't follow arod around the country nor does arod travel from city to city lugging boxes of 8x10s, baseballs, and mini-helmets to sign during his spare time in baltimore or kansas city. if his time in toronto was any indication of what he enjoys doing during his downtime, then it'd probably be hard for him to see what he's signing in dimly-lit strip clubs.

some would say this thread has already devolved into the ridiculous and i'd agree. in short, why does arod spend his free time making chump change? if you believe some, it's so he can become more "financially stable". apparentely, $252mm doesn't go as far as it used to. apparently once you account for taxes, the man's lucky if he's got enough left over for another gulfstream IV. if you believe others, it's because he's addicted to money. i tend to believe he's just a struggling single father of two, busting his hump any way he can so his two girls won't go hungry.

rudy.

[joelsabi]

Re: Why does AROD sell his equipment????

Just thought I would throw in my 2 cents here. I have been lucky enough to work in the entertainment industry for almost 20 years. Mostly I work in Music touring with the some of the people who supposedly don't spend time with their children and at this very moment I happen to be traveling cross country with a 3 time NBA champion, so occasionally I do cross over into the sports world. The bottom line is, unless someone on this forum is Arod's accountant, we have no idea where that money is going. It could be going in his pocket, it could be going to a relative as Brian has stated and it could all be going to Charity or any combination of the 3. it seems to me it isn't really worth worrying about. I would also have to suspect that most of us aren't around to see if Arod is giving away any of his equipment to fans.

Also, I have spent many years touring with artists who have children. many have their children on the road with them, many tailor their schedules so they never go a certain amount of time away from their families and yes, some do indeed spend too much time away from their families, but again assuming that a particular athlete or artist is shirking their responsibility as a parent to line their pockets and not having any knowledge of the situation is a little silly. The general public really has no clue as to what really goes on behind the scenes, but some folks love to assume they know.

I enjoyed your post. thanks for your perspective.

[BergerKing22784]

Re: Why does AROD sell his equipment????

People make comments on why doesnt he charge less per bat? The reason is supply and demand.... Lets just say he charges only 100 a bat... Well we know he has 350 bats in a year.I guarentee there are more than 350 people who would want it at $100 so what do you think those people who bought the bats for $100 are going to do with it? Some will keep it, but others the prospect of making money on it will lead them to sell it for more....

So why not A ROD charge more to get rid of the all the demand and only offer them at a price that will lead to only 350 people wanting to buy them? He is the reason the bat is worth whatever its worth so he has earned the right to that money.

Also talking about his free time... I have seen many pictures of these "private signings" players do and what not. Most of the time you see pictures of the players sitting around in sleeping shorts and a plain white tshirt in their hotel room. I mean I love traveling and seeing many things but lets say A Rod comes to Baltimore like 3 times a year doesnt normally get a day off while he is here. Probably gets to the ballpark at like 3pm or 4pm for a 7pm game. Game ends at like 10:30-11pm, shower and he probably leaves hotel around 1130ish.. Goes out grabs a bite to eat, gets a beer, its like 1am-2am.... Wakes up, whats he really going to do in those couples hours before he has to get back to the ballpark? Walk around the Inner Harbor? I am sure he has seen most of the exciting stuff in Baltimore, so why not take those few hours to sign some bats instead of feeding the ducks?


Just my two cents,
Brian

[BMH]

Re: Why does AROD sell his equipment????

Ouch......7.5 mill in play money-i could deal with that !! Seriously, don't forget to add his endorsement deals, Nike air zoom cleats, etc into his income/taxes.

Mark

Oh believe me, I don't feel too bad for the guys. We joke all the time at work we're on the wrong side of the bat.

[Masimen]

Re: Why does AROD sell his equipment????

Just thought I would throw in my 2 cents here. I have been lucky enough to work in the entertainment industry for almost 20 years. Mostly I work in Music touring with the some of the people who supposedly don't spend time with their children and at this very moment I happen to be traveling cross country with a 3 time NBA champion, so occasionally I do cross over into the sports world. The bottom line is, unless someone on this forum is Arod's accountant, we have no idea where that money is going. It could be going in his pocket, it could be going to a relative as Brian has stated and it could all be going to Charity or any combination of the 3. it seems to me it isn't really worth worrying about. I would also have to suspect that most of us aren't around to see if Arod is giving away any of his equipment to fans.

Also, I have spent many years touring with artists who have children. many have their children on the road with them, many tailor their schedules so they never go a certain amount of time away from their families and yes, some do indeed spend too much time away from their families, but again assuming that a particular athlete or artist is shirking their responsibility as a parent to line their pockets and not having any knowledge of the situation is a little silly. The general public really has no clue as to what really goes on behind the scenes, but some folks love to assume they know.

[markize]

Re: Why does AROD sell his equipment????

Ouch......7.5 mill in play money-i could deal with that !! Seriously, don't forget to add his endorsement deals, Nike air zoom cleats, etc into his income/taxes.

Mark

[suave1477]

Re: Why does AROD sell his equipment????

bmh your right i forgot about that good point

so add a lot more percentage to that New York tax figure

[BMH]

Re: Why does AROD sell his equipment????

They also pay a tax for every state they play in, now you may say poor ballplayer, but so does the coaches and EM's.

[suave1477]

Re: Why does AROD sell his equipment????

I am just putting things into perspective thats all

[suave1477]

Re: Why does AROD sell his equipment????

exactly. and if you really want to be completely accurate about all of this, if arod generates $100k from these bats and gloves and cleats, that's only .03% of his $28mm salary. not even a full 1%! i'd love to know how much some people would be willing to do or give up for a whole .03% of their salary. my guess is some wouldn't even get out of bed for it.

rudy.

KingJammy as in most cases I agree with you but this one I differ a little bit just because you keep saying over and over that arod makes 28mm a year

ON PAPER HE DOES

But realistically thats not even close to what he brings home

he earns to start with 28mm
Boras gets about 10% maybe more

so now hes down to 25.3mm

New York taxes for AROD - 42.7%

He brings home 14,496,900

Which doesn't include any of his expenses (houses,cars, bills), charities, foundations, people he employs directly.

Chances are after all that his money is down to half.


So adding 50k which was just a round off number which it could be way higher is still nothing to sneeze at (esepcially when that's tax free cash)

so if his actual play money is say about 7,500,000

50k or more is a bigger percentage of 7.5mm which I am sure he doesn't mind having.
And making 50k for about 2 to 3 hours of time I am sure is not that bad of a trade off since he does signings with MVP about 3 or maybe 4 times a year