Donald Sterling

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

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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.

Watch Klay Thompson’s record 11 playoff three pointers

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Klay Thompson was ridiculous. His shooting was some of the most incredible shooting you will ever see.”

That was how Warrior coach Steve Kerr described Thompson’s night — a playoff record 11 three pointers on his way to 41 points, sparking Golden State’s Game 6 win on the road. It wasn’t just the threes, it was the degree of difficulty on some of those shots — he was just in the zone. Not the Blake Griffin commercial zone, the real one.

 

Klay Thompson shoots Warriors to comeback win in Oklahoma City, forces Game 7

OKLAHOMA CITY, OK - MAY 28:  Klay Thompson #11 of the Golden State Warriors handles the ball during the second half against the Oklahoma City Thunder in game six of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 28, 2016 in Oklahoma City, Oklahoma. 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 Maddie Meyer/Getty Images)
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What. A. Game.

In the most intense game of these playoffs, Golden State came from eight down to start the fourth quarter behind the red-hot shooting of Klay Thompson — he set an NBA record with 11 threes in a playoff game and had 19 points in the fourth quarter — as the Warriors outscored the Thunder 16-4 in the final 4:40 of the game. Thompson had help with the defense of Andre Iguodala making plays on both Russell Westbrook and Kevin Durant, getting key steals and making plays down the stretch.

The result was a 108-101 Golden State win in Oklahoma City to even the series at 3-3 and force a Game 7 Monday night at Oracle Arena.

Which is just good for fans of basketball because this series has been thrilling.

It didn’t feel thrilling to OKC, this was a punch to the gut for the Thunder, who had a 13 point lead in the first half at seemed in complete control early of a game that could have sent them to the NBA Finals. However, as the game got tight late the Thunder reverted to bad habits — everyone standing around watching Durant and Westbrook go one-on-one. The result was the two Thunder stars combined for 12 points on 3-of-14 shooting with six turnovers in the fourth quarter alone, four turnovers in the final two minutes. For the game, the Thunder shot 13 percent from three.

Meanwhile, the Warriors’ Thompson wasn’t just making threes, he was making high degree of difficulty threes on his way to 41 points on the night.

“Klay Thompson was ridiculous,” Warriors coach Steve Kerr said. “His shooting was some of the most incredible shooting you will ever see. I think he set a record for threes (he did), but our defense was fantastic. We kept getting stops, but we couldn’t get the board, but we stayed with it.”

Stephen Curry, who had struggled again in the first half and still doesn’t look 100 percent except in flashes, had one of those flashes in the fourth quarter — six points which included a dagger driving layup and the steal that sealed the win. He finished with 31 points, 10 rebounds and nine assists on the night.

Curry and Thompson combined for 61 of the Warriors last 81 points in the game.

That finish was the opposite of how everything started for Golden State.

The Warriors opened the game 8-of-28 from the field and shot just 36 percent overall, plus had 10 turnovers in the first half. It was the Thunder defense that seemed to be back to form and under that pressure the Warriors reverted to some sloppy play — for example, Curry trying to make a playground pass to a shooter in the corner when a floater or layup was available (Kevin Durant stole that pass). Curry once again seemed hesitant early on in this game. Also, Steve Kerr oddly sat Thompson, Curry and Draymond Green all at the same time in the first half and that fueled a quick OKC run — and their building was rocking.

But they couldn’t sustain it.

“That hasn’t been us the last month and a half,” Thunder coach Billy Donovan said of his team’s performance in the fourth. “I thought we got a little stagnant coming down the stretch, and then I thought us defensively, we were a little bit late.”

For much of the game the Thunder played well — Steven Adams was a beast again, Serge Ibaka made plays — but they couldn’t put the Warriors away in the first half. Part of that was Durant, who started just 2-of-10 from the field and was shooting to quickly too often. He was 10-of-31 shooting for the game.

It was Westbrook who had the Thunder up by as many as 13 in the first half. Then Warriors got a few stops, and the three ball (Curry and Thompson were 6-of-12 from deep in the first half) kept it close, it was just a five-point game at the break, 53-48.

Thompson drained a couple of threes to open the second half and with that the game was close through the third, however, Curry started to find his groove and scored 11 straight for the Warriors at one point. The Thunder made a push at the end of the quarter — with Anthony Morrow and Enes Kanter on the court — and led by eight heading into the fourth.

It wasn’t enough. There was the long Curry three over Adams to make it a one-point game with four minutes left. Westbrook hit a couple of free throws but on the next Thunder possession Durant called for a clear out that the Warriors doubled, got the steal, then got the Curry three in transition to tie it with 2:47 left.

In the end, it was too much of the shooting magic that got the Warriors 73 wins. And they got the Game 7 they needed.

“I don’t think there can be any more pressure on us in Game 7 than there was tonight,” Kerr said.

 

Steven Adams gets his revenge, dunks all over Draymond Green (VIDEO)

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That’s a piece of revenge.

Draymond Green twice kicked Steven Adams in the nether regions this series, but with the chance to close out the Warriors in Game 6 Adams got some revenge — he put Green in a poster and dunked all over him.

This came as part of a second quarter run when the Thunder stretched the lead out to double digits.

Jordan Clarkson says he wants to return to Lakers, play for Luke Walton

TORONTO, ON - FEBRUARY 13: Jordan Clarkson of the Los Angeles Lakers is introduced for the Taco Bell Skills Challenge during NBA All-Star Weekend 2016 at Air Canada Centre on February 13, 2016 in Toronto, Canada. 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 Elsa/Getty Images)
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Lakers guard Jordan Clarkson is a restricted free agent, and he is the kind of quality rotation player that teams with cash to burn may well try to poach. The Lakers have the right to match and likely will unless the offer is way over the top. But make no mistake, Clarkson will go with the team that offers him the most money.

That’s July, right now Clarkson is saying the right things about wanting to stay with the Lakers and play for new coach Luke Walton.

Clarkson was interviewed by Chris McGee of Time Warner Cable, as reported by lakersnation.com.

I want to stay in LA….I don’t really look at it as me being a free agent; I want to be here…

He (Luke) called me a few days after he got hired. We talked about the offensive system, what he sees in us young guys, where he sees the organization, the style we’re gonna play. I’m excited for him to come and work with us.

Most likely he gets a chance, the Lakers want to keep him. They see him as part of the future (or at least as an asset they can trade to get parts for their future). He’s saying all the right things to make Laker nation happy.

But it’s going to be about the money. It always is.