Donald Sterling

Lawmakers want to prevent Donald Sterling from deducting NBA’s $2.5 million fine from his taxes

11 Comments

The NBA calls its financial penalties “fines,” but they’re really forced charitable donations. They’re also, as Lamar Odom successfully argued to the IRS, business expenses.

You can bet Donald Sterling will try to write off his $2.5 million fine on his taxes.

On both the federal and state levels, lawmakers want to prevent that.

Kay Bell of Don’t Mess With Taxes:

Any deduction is just not right, say six House Democrats. So they’ve introduced the Stop Penalizing Taxpayers for Sports Owner Fouls Act of 2014.

The bill, which would apply to fines since Jan. 1, says:

In the case of an individual who owns (directly or indirectly) a professional sports franchise, no deduction shall be allowed under sub- section (a) for any fine or similar penalty paid to the professional sports league or association of which the franchise is a member.’’.

This would apply to Sterling – and was obviously proposed with him in mind.

As unsympathetic as Sterling is, I just don’t believe this law would be constitutional. If passed – which I suspect is unlikely to happen anyway – the courts could deem it ex post facto. In other words, the law punishes for acts committed before the law passed, usually a method not allowed in the United States.

Plus, I don’t like further complicating an already far-too-complicated tax code with a specific rule that singles out sports owners. Why should sports owners have their own tax code? What makes them different than the rest of us? (Yes, I’m against stadium subsidies, too. Don’t fix that problem by creating another.)

California lawmakers are proposing something similar. Phil Willon of the Los Angeles Times:

Two state Assembly members from Los Angeles filed legislation Tuesday that would prevent sports team owners from writing off league fines as a business expense when they file their state income tax returns.

The bill was filed by Democratic Assemblymen Raul Bocanegra of Pacoima and Reggie Jones-Sawyer of Los Angeles.

“Donald Sterling’s outrageous comments and historic fine should not be rewarded with a multimillion-dollar tax refund,” said Bocanegra, who chairs the Revenue and Taxation Committee. “This fine is intended as a punishment; it should not be used as a tax loophole.

The specifics of this bill are not clear, but I have the same concerns stated above.

At least one politician, though, might be on the right track – actually using the Sterling situation to do good. Willon:

Meanwhile, Rep. Brad Sherman (D-Sherman Oaks) has asked city, state and federal regulators to “prioritize” inquiries into any allegations that Sterling’s companies engaged in racial discrimination against people who sought to rent apartments at the billionaire’s residential properties.

In a letter to the regulators, Sherman cited a payment of more than $2.7 million that Sterling made in 2009 to settle federal claims that he discriminated against tenants. Sherman’s letter did not say there were allegations pending against Sterling or his companies.

If there aren’t new allegations against Sterling, it would be difficult to do much now after he’s settled, but yeah, the government should definitely be further investigating Sterling’s alleged housing discrimination. While they’re at it, apply that level of scrutiny to everyone – not just the headline-inducing Sterling – suspected of housing discrimination. That actually matters.

Minnesota Timberwolves kick in more money to renovate Target Center

Flip Saunders, Glen Taylor
AP
Leave a comment

MINNEAPOLIS (AP) Minnesota Timberwolves and Lynx owner Glen Taylor is kicking another $9-12 million into the Target Center renovation project.

The Timberwolves announced the additional funds on Tuesday. The team says the new money will be used to get new seats, railings for the lower bowl, a new skyway off of the backside of the arena and a more improved Wi-Fi platform.

Taylor says the new money is geared toward making sure the project to refurbish the dated arena in downtown Minneapolis is as effective as possible. It will push the total cost of the project to between $138-141 million.

Renovations are underway and the city-owned building is scheduled to close this summer so the project can be completed in time for the start of the 2017-18 NBA season.

John Wall, Bradley Beal and defense keying Wizards’ 12-game home streak

WASHINGTON, DC - NOVEMBER 04: John Wall #2 celebrates after Bradley Beal #3 of the Washington Wizards hit a three point shot against the Atlanta Hawks in the fourth quarter of the Wizards 95-92 win at Verizon Center on November 4, 2016 in Washington, DC. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Rob Carr/Getty Images)
Getty
Leave a comment

WASHINGTON (AP) The same fans who John Wall once joked get more excited for a free chicken sandwich when an opponent misses two free throws than a victory are now being treated to something even better: A winning streak.

Wall and the Washington Wizards have won 12 in a row at home heading into the midpoint of the NBA season and haven’t lost at Verizon Center since Dec. 6. Better starts and improved defense and bench play have sparked this run, pushed Washington to fifth place in the Eastern Conference and made home feel pretty sweet.

“We like playing on our home floor, there’s no question we have a comfort level,” coach Scott Brooks said. “The baskets, everything seems to be good for us. I think our guys are comfortable, they like playing here. We want to make this a special place. Crowd’s been great. We just got to continue to give them something that they can be proud of.”

Brooks tells his players that Wizards fans don’t expect perfection but want 48 minutes of great effort. After a disappointing .500 season last year depressed turnout, this retooled team plays a more exciting, up-and-down brand of basketball that’s worth watching.

The Wizards have eclipsed 100 points in 17 of their past 20 games with Wall on pace to set a career high in points and steals. Backcourt mate Bradley Beal is also on the way to a career-high scoring season, but he points to the other end of the floor as the reason for Washington’s success and home winning streak.

“In terms of us, it’s just been our defense and just us getting after it and playing with energy,” Beal said. “It makes everything easier on offense when we get out and run. That way we don’t necessarily have to call plays all the time, we just get out and flow, and it works. In order to do so, we have to play defense and defend, and we can’t do that if we’re always taking the ball out.”

Brooks wanted the Wizards to become a defensive-minded team that could score instead of an offensive team that defended when it felt like it. Second-year guard Kelly Oubre showed that progress with on-ball defense by locking down the Portland Trail Blazers’ Damian Lillard on Monday and said that aspect of the game is better now with more familiarity of scouting reports.

Beyond starters Wall, Beal, Otto Porter, Markieff Morris and Marcin Gortat, the second unit led by Oubre, rookie Tomas Satoransky, Trey Burke and Jason Smith is coming along.

“Guys know their roles now,” Oubre said. “We’re a solid defensive team. We’re getting better. … We have a good home-court advantage coming on now. We got 12 in a row? We’ve got to keep that rolling, man. These fans want to see wins. We’re here to give it to them.”

Wall took some heat last year for suggesting that the free fast-food chicken sandwich fans get if an opponent misses both free throws in the fourth quarter generates the most excitement. It’s oftentimes the loudest cheer of the night, but not lately thanks to the Wizards winning.

He definitely notices a difference.

“We start to win, we go to the starting lineup, the gym is kind of packed more than empty and not getting packed later on,” Wall said. “There is a lot of excitement, and it’s great to know that when they call our names they are cheering for us. It’s something we can use as an advantage.”

After the finale of this home stand Wednesday night against the Memphis Grizzlies, the Wizards play five of their next six games on the road. Their challenge now is to adapt the home winning recipe to winning in less-friendly confines.

“We have to now view it the same way, respect our opponent no matter who it is and just come out with energy knowing that the crowd is against us, nobody’s there to cheer for us,” Beal said. “It’s us against everybody. Just having that same mindset in our approach to the game is probably all we need to do.”

Warriors break ground on new arena with synchronized excavators … seriously (VIDEO)

warriors groundbreaking
Twitter
Leave a comment

The Golden State Warriors are moving to San Francisco, and with that move comes a new arena. The Chase Center, to be exact, the ground of which was broken on Tuesday, complete with synchronized excavators set to The Blue Danube.

No, really.

Video of the groundbreaking — which also included acrobats throwing traffic cones at each other gracefully — showed three large excavators moving about to the classic waltz.

Via Twitter:

Ah, ok then.

At least the Warriors probably won’t be changing their name after the move.

Coach Steve Clifford: Poor defense has led to Hornets’ losing streak

CHARLOTTE, NC - JANUARY 04:  Teammates Michael Kidd-Gilchrist #14 and Marvin Williams #2 of the Charlotte Hornets react at the bench as head coach Steve Clifford reacts during their game against the Oklahoma City Thunder at Spectrum Center on January 4, 2017 in Charlotte, North Carolina.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Streeter Lecka/Getty Images)
Getty Images
Leave a comment

CHARLOTTE, N.C. (AP) — Hornets coach Steve Clifford points to one factor when explaining his team’s five-game losing streak – a lack of defense.

Charlotte went 0-5 on its recent road trip, surrendering an uncharacteristic 109.6 points per game during that span. The Hornets return home Wednesday night to face the Portland Trail Blazers, part of a stretch of five-game home stand which Clifford hopes will help turn things around.

But Charlotte’s fourth-year coach said nothing will get better until the Hornets start playing better man-to-man defense.

“It starts with our ability to guard our guy,” Clifford said. “When you get blown by a lot on the perimeter where you are constantly in need of help, then you are going to give up 3s – and that’s what is happening.”

The Hornets raced to a 14-9 start this season and were third-best in the league in points allowed through 23 games.

Since then, things have steadily fallen apart, culminating with Charlotte giving up at least 100 points in eight straight games. The Hornets have since dropped to 12th overall in points allowed.

The Hornets have fallen to 20-21 on the season and are on the outside looking in at the Eastern Conference playoff picture. It hasn’t helped that Nic Batum and Cody Zeller have been in and out of the lineup with injury problems, but Charlotte’s struggles on the road – where it has lost 11 of its last 13 – is concerning.

Zeller said the Hornets spent Wednesday morning watching cutups of defensive miscues over the last five road games.

“All four years I have been here it starts with defense,” Zeller said. “That is what coach Clifford preaches.”

The 7-foot center said it is mostly simple things that can be corrected.

“There are sets that we know are coming – and we just aren’t defending them right,” Zelller said. “We are making too many mistakes.”

Added guard Marco Belinelli: “We need to speak a lot more on the court and help each other.”

Getting the defensive mistakes fix won’t be easy.

After Portland, the Hornets host Toronto, Brooklyn, Washington and Golden State. All five teams rank in the top 14 in the league in scoring offense, with the Warriors being No. 1 overall and Raptors No. 3.

A year ago, Hornets general manager Rich Cho pulled off a quality late-season trade, landing “three and D” guard Courtney Lee. He proved to be the driving force on the team’s playoff run and played well in the postseason.

The problem was Lee did so well it made it impossible for the Hornets to re-sign him. Charlotte re-signed Batum and Marvin Williams, and let Lee walk in free agency. He signed a four-year, $50 million deal with the New York Knicks.

The Hornets figured with Michael Kidd-Gilchrist returning this year from a shoulder injury they would be fine defensively, but the struggles are mounting.

Clifford wouldn’t discuss whether the team needs to make a similar trade before the NBA deadline.

As for the offense, Clifford likes what he sees.

Kemba Walker, a first-time All-Star candidate, is in the midst of the most productive season of his career, averaging 23 points per game while shooting 41.3 percent from 3-point range.

“I mean he’s having a great year,” Clifford said. “He’s worked really hard and it’s paying off for him.”