Rockets: Sources: Dwight indifferent about Rockets pitch, Dallas preparing for Tuesdays pitch

[Holden_Caulfield]

i'm surprised he knows what "indifferent" means

[ElNono]

tax law in US is a bit difficult to follow for europeans. So globally he is letting 30M$ on the table minus state income tax on his salary for home games.

Howard's contract in LA is 118M$ over 5 years (last year being player option) and Rockets can go 88 M$ over 4 years. So that's the 30 M$ gap. Now between LA and Houston state tax gap is 13% so howard gonna save half of 13% income tax (home games) of 88M$ i.e 5,5 M$, gap is now 24,5 M$ + a fifth year for the rockets or another team, barring injuries he could make 14 M$ / 15 M$ ? at the end gap would around 10 M$ which is big but a lot less than the 30 M$ announced. Obviously this fifth year guaranteed playing for the Lakers is huge and in case of production decrease or injury gap could be higher but if Splitter or Asics can make 10 M$ a year, even a disminished howard would command more than that.

Is there something I miss here ?

It's even more complicated than that, because you also have to add endorsement/sponsorship income (which for marquee players is a huge bonus), and he also will have to pay tax on some of those.

[UZER]

What day is Dwights meeting with ESPN scheduled so they can pitch to him why he should stay in LA? I heard JA Adande, Chris Broussard, and Wale will be there to help influence his decision.

[Clipper Nation]

I wonder if the Lakers do a Tupac-style Jerry Buss hologram asking Dwight to stay tbh.

[da_suns_fan]

Other than the Lakers, Im not sure why other teams are even bothering.

Somewhere along the line, Howard was convinced that hes a great offensive player and needs a lot of touches on the low block.

He's not and he doesnt.

Hes a coach killer, notoriously immature, injured, egotistical..

[LkrFan]

[Brazil]

It's even more complicated than that, because you also have to add endorsement/sponsorship income (which for marquee players is a huge bonus), and he also will have to pay tax on some of those.

true dat but in that case it's favourable for Houston as part of that revenues will be taxed in Texas ? unless we consider he will earn less in Houston vs. LA in endorsement / sponsorship ?

[StrengthAndHonor]

Drew Belzer ‏@DrewBelzer
So, Dwight asked the Rockets to add a 3rd good player to the team…with Chandler Parsons sitting right there. Nice.


BFF

[StrengthAndHonor]

slim thug ✔ @slimthugga Yo @DwightHoward meet @IAmMaliahMichel @MercedesMorr @miraclewatts00 @Lira_Galore @IAmTresureP @MisMODELKIKI @victoriarrrose @MAC_BXTCH

[Raven]

Somebody knows how much D12 would let on the table if he sign for the rockets ? I understood it was 30M$ but they don't pay taxes in texas or something like that, any idea of the net of the operation for him ?

nothing really, he would just have a year shorter contract

[ElNono]

true dat but in that case it's favourable for Houston as part of that revenues will be taxed in Texas ? unless we consider he will earn less in Houston vs. LA in endorsement / sponsorship ?

I couldn't answer that for sure. If it's like corporate america, and there's no reason that it would not to be, he'll create a company in Delaware or Nevada to sell his image to sponsors strictly because of tax considerations. In that case, it doesn't matter if it's LA or Houston as far as off-the-court taxes is concerned.

[sexinthatsx]

[QUOTE=Michael Jordan.;6721814]

Is it just me or all these campaigns that say Stay D12 almost makes D12 sound like a dog and wanting him to obey lol

[Dingle Barry]

I don't think it works that way, they don't just play in Texas, he might save some money on taxes on home games but he plays on the road for 41 games of the season and gets taxed for wherever he plays, tbh. In the long run Dwight saves about 10-15 mil if he stays in LA, about 15 more million in guaranteed money in total.

I don't think this is correct. You either pay income tax or you don't. People don't have to pay partial state income taxes because they travel for business.

[Twisted_Dawg]

Just saw on SC tbh

rockets

That's just some ESPN spin hoping to hurt Houston's chances out of the fear Dwight signs with Houston and ESPN losses a big cash cow in the Lakers.

[Rogue]

I genuinely hope he will join Rockets to screw up that team even more. Houston just never learn a lesson, they bet their house on a "dominant" big but every attempt has turned out to be a miserable failure since Hakeem left town

[Kool Bob Love]

I wonder if the Lakers do a Tupac-style Jerry Buss hologram asking Dwight to stay tbh.

yeah what the kobe? what nash? Wat up dwight!!!!!

[usdane]

Please leave D12. Get him out of LA.

[Killakobe81]

I don't think this is correct. You either pay income tax or you don't. People don't have to pay partial state income taxes because they travel for business.

Yes, you do. I cover multi-states and I have had to pay it. Dwight is no exception.

[namlook]

I don't think this is correct. You either pay income tax or you don't. People don't have to pay partial state income taxes because they travel for business.

It's correct. You pay taxes in any states you work in. If he's playing a game on the road he's working in that state.

[irishock]

[AchillesHeel]

[lefty]

D12 is very impressed with coach Bud and Mark Jackson

[HeatChamps]

D12 picking ty teams. He will lose.

[King Nupe]

Doesn't he get 100 Million from Addidas for Staying in LA or playing in Brooklyn? Isnt' that the same deal Rose got?