Tax time: Just a reminder that Jordan was at heart of “jock tax”

1 Comment

Send your taxes in — they have to be postmarked (or e-filed) by Tuesday, April 17.

Which is a pain for you and me, but our taxes are not complicated at all compared to those of professional athletes. I’m not saying feel sorry for them — they make a lot of money and hire people to do their taxes for them — but their taxes are a mess.

And it all goes back to Michael Jordan and him celebrating the 1991 NBA championship in California. It was the first of the Bulls six titles, and it was the first of the “jock tax.” Inside Hoops did a great post as a reminder the other day.

As the story goes, soon after the celebrations, parades and excitement of the ’91 Finals, the State of California notified Michael Jordan that he would owe taxes for the days he spent in Los Angeles. In direct response to this new egregious policy, Illinois passed a bill famously known as “Michael Jordan’s Revenge” – imposing income taxes on athletes from California and any other state that imposed a tax on their residents. Many city and state governments followed suit, seizing the opportunity to reach into the pockets of visiting athletes. Today, nearly every state that hosts professional sports teams has enacted their own Jock Tax policy. Even city local taxing authorities such as Cleveland, Kansas City, Detroit and Philadelphia established similar rules independent of the state.

The Jock Tax is a politically expedient tax — you are not taxing people who live and vote in your district (or not enough of them to matter) and it’s easy to say “they make millions.” Where you fall on the legitimacy of that tax really says a lot more about where you fall on taxes and tax rates in general, that’s not a discussion we’re going to get into today.

But because of it, athletes’ taxes are complicated. Like Inside Hoops points out, if you are a Chicago native with a home there but you play for the Knicks, you will owe resident taxes in New York and Illinois, plus the “jock tax” in 20 or more other states. Have fun with that form.

And by the way, coaches are included.

Nuggets sign Nick Young

Ezra Shaw/Getty Images
Leave a comment

The Nuggets’ have so many injured backcourt playersJamal Murray, Gary Harris, Will Barton and Isaiah Thomas (plus forwards Paul Millsap, Michael Porter, Jarred Vanderbilt are also hurt).

Denver is adding a reinforcement – Nick Young.

Nuggets:

Young has had a rough go since winning a championship with the Warriors last season. The 33-year-old is probably on his last legs as an NBA player.

But Denver needs someone. Young might still be serviceable. He can make 3-pointers, though he defends like a sieve and doesn’t contribute much else offensively. With the ball running through Nikola Jokic, maybe that will be enough – until better Nuggets get healthy.

Stephen Curry: I don’t believe we went to the moon

Kevin C. Cox/Getty Images
1 Comment

Kyrie Irving‘s first public flat-Earth comments came on a light-hearted podcast.

Will Stephen Curry also become notorious for his conspiracy theory, revealed on a light-hearted podcast?

The Warriors star appeared on “Winging It” with Vince Carter, Kent Bazemore and Andre Iguodala. The conversation:

  • Curry: “We ever been to the moon?
  • Multiple responders: “Nope.”
  • Curry: “They’re gonna come get us. I don’t think so, either.”

Podcast co-host Annie Finberg asked whether Curry actually believed that. He responded affirmatively.

Still, Irving immediately doubled down outside the podcast – then tripled down and quadrupled down and… This hasn’t gotten away from Curry in the same way. He could still easily explain he was joking during the podcast.

Or he could stick with his conspiracy theory. I don’t know what he actually believes.

For what it’s worth, I believe we went to the moon. So many people would have to know if the moon landing were faked, and there’s no way they’d all keep it secret.

John Collins slaps kid in face while giving high-fives (video)

Kevin C. Cox/Getty Images
1 Comment

John Collins brings plenty of excitement to the Hawks, and he was pretty enthused after posting 30 points and 12 rebounds in Atlanta’s 106-98 win over the Nuggets on Saturday.

Too enthused.

Bulls hold players-only meeting morning after franchise-worst 56-point loss to Celtics

AP
2 Comments

The Chicago Bulls suffered the worst loss in the history of the franchise this week. A 56-point drubbing at the hands of the Boston Celtics was an inauspicious mark on the record of head coach Jim Boylan, who was elevated to his position after Chicago decided to fire Fred Hoiberg earlier in the week.

The young Bulls haven’t taken to Boylan, at least that’s how it’s appeared on the court. On Sunday it came out that Chicago held a players-only meeting. After that, the players met with the coaching staff to discuss the issues of the day.

Via Twitter:

Players wouldn’t discuss in detail what their meetings were about, save for getting on the same page, whatever that may mean. Just about everyone used the word “productive” to describe the behind-closed-doors meetings.

According to a report from The Athletic, Chicago almost had a full-blown mutiny on its hands. Lauri Markkanen and Robin Lopez reportedly quashed that, but it’s not looking pretty for Boylan early.

Via The Athletic:

One idea that had significant support, according to sources, was the players simply not showing up to the Advocate Center on Sunday. A preliminary plan was to gather at one player’s house and wait for the phones to begin buzzing. That plan fizzled because Lauri Markkanen and Robin Lopez spoke up, voicing their concerns about the unprofessionalism of that potential act of rebellion, as well as the impact such a stance could have on the roster’s younger, less established players, sources said.

Another idea discussed centered on players walking into the practice facility Sunday morning as a unified group before turning and immediately walking out.

In the end, players reported to work and rather than practice on the court or review Saturday night’s game in the film room, they held two meetings — one with players airing their grievances among themselves, followed by one with coaches entering the room to do the same with players.

The Bulls have the worst record in the East at 6-21. It’s hard to see how it’ll improve much in that respect, but perhaps the guys on the team will like each other a little better after today.