Everything posted by Texsox
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War in Ukraine
Because it's too cool of a word to waste on anyone else. We tend to use the less negative plutocracy when talking about our friends because oligarchs has taken on an addition meaning of corruption. Here we've become a gerontocracy over the years.
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War in Ukraine
https://www.cnn.com/2022/03/04/business/lukoil-end-war/index.html Russian oil company breaks from Putin. Demands end of the war and expresses empathy for Ukraine.
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The MLB lockout is lifted!
So why haven't you bought in of that's all it takes?
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The MLB lockout is lifted!
It's a PR battle they are losing. We still have all the businesses that surround stadiums that are impacted. The reason teams receive such massive tax breaks and incentives.
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The MLB lockout is lifted!
Paupers compared to the Waltons or Bezos. Plus if the owners published a list of the wealthiest players it wouldn't matter. Love the players chipping in to help. Great move. And publicizing it was a nice PR move.
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The MLB lockout is lifted!
So if the luxury tax kicks in sooner, it benefits the smaller budget teams giving them more money to compete. The players want to stop tanking a have lower budget teams spend more and develop better teams. I'm wondering why the players are angry? Don't we want more teams hitting the luxury tax threshold and kicking in more money?
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The MLB lockout is lifted!
That is an IRS issue not a calculating the MLB luxury tax. I wish they didn't call it a tax. The CBA doesn't change the US tax code.
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The MLB lockout is lifted!
I keep thinking the 81% owners are influencing the 19% owner. I'd be interested in knowing how much he controls. With this many zeros involved, some of his fellow shareholders may want a different path than before.
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The MLB lockout is lifted!
Isn't this the negotiations we wanted to happen? You want this, well we can give you that but we want this. Then a counter offer we can accept that but we'll need this. It's probably why they don't meet constantly. Working things out are complex and why they should have started a year ago.
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The MLB lockout is lifted!
Or teams were hiding compensation in non MLB tax calculated areas. This is a good time to close loopholes. As long as the amount is increased sufficiently the players don't lose and the small budget teams win.
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The MLB lockout is lifted!
I'm certain the regulations for luxury tax calculations are dozens of pages long. With deferred compensation and other options I'm certain big budget teams employee a lawyer or two to limit their MLB tax. So other teams try to close those loopholes. There always was at least two factors, what will the threshold be and how is it calculated. You add that stuff and teams will hit the limit faster. Good for the small market receivers, bad for the larger market givers.
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The MLB lockout is lifted!
Meal money shenanigans. Y'all get $2,000 a day for food. I'm certain some team probably used it as a way to avoid the tax. Meanwhile I officially announce my Hiroshima Toyo Carp allegiance. We were middle of the pack last year but I think we made some good roster moves during the off season.
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War in Ukraine
Nuclear war without the missiles.
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The MLB lockout is lifted!
Let's make that vote public.
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The MLB lockout is lifted!
Lol. My complaint is always why are you playing him?? Put the damn kids in.
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The MLB lockout is lifted!
Exactly. And honestly my interest is typically June to August most seasons. Which is why I'm good with a 150 game season and an extra round of playoffs. I'll tune in to a playoff game between two clubs I don't really care about than watching the Sox after they are eliminated or clinched.
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The MLB lockout is lifted!
I'm certain there is a fair amount of calculations for both sides that need to happen with each new proposal. There is a lot of money at stake. Which is why they should have started a year ago.
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The MLB lockout is lifted!
The last agreement was in 2016 and was for five years. As much as this process sucks and we all want it to be over, I wonder if a two or three year deal couldn't be worked out with smaller, incremental, changes.
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The MLB lockout is lifted!
Great opportunity for the union members to negotiate a bigger take. The union accepts expansion in exchange for a cut of the TV. Easier when they are already receiving some compensation then agreeing to a new revenue stream.
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The MLB lockout is lifted!
Remember players share in the revenue of playoff games. An increase in salary doesn't equal an increase in talent. It just pays the existing talent more. To balance competitiveness the playoff teams like the Sox need to lose good players to the non playoff teams. Moving talent from the haves to the have nots is what is required. The union wants that to happen when Pittsburgh outbids the Sox for a 2nd baseman or right fielder. The union wants Roberts to become a free agent quickly so he can sign with Miami for more than the Sox will offer.
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The MLB lockout is lifted!
Human behavior. My fascination probably harkens back to my psychology studying undergrad days. My give a fucks are for the innocent bystanders affected. The businesses who pay taxes around the ballparks and expect profits from the largely untaxed, taxpayer supported, stadiums and teams that will sit empty. A have several give a fucks for any team employees who aren't being compensated or employed during their lockout. The last couple are with the players. There just aren't any left for MLB. If there was a way to support the union workers while punishing MLB I would.
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The MLB lockout is lifted!
This is fascinating. Basically it's mutual destruction with each side having time to actual plan their demise. They would prefer to lose fan money than to lose money to each other. In other words they would prefer to continue to fight over a smaller and smaller pie than to figure out how to share a really big pie. As a spectacle, this is like watching wrestling. There is clearly a villain that not many are cheering for and the good guys. So let's cover this like we would a game. Could someone with more details give us today's lineup and positions?
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War in Ukraine
Right now the Doomsday Clock is set at 100 second until midnight. I'm guessing that will change quickly. It's been a long time since using nuclear weapons was a real and eminent danger.
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War in Ukraine
Probably not. Just like ours wouldn't.
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The MLB lockout is lifted!
If they were a baseball team we'd be wanting them to increase salaries and move assets to underperforming stores. We think the Sox earning $200 mil while paying a minimum wage of $500,000 is wrong while Walmart pulls in $14 billion in profit. This world is strange. I'm rapidly becoming a socialist.