Preview

Bah Blah Case Summary

Satisfactory Essays
Open Document
Open Document
360 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bah Blah Case Summary
The object of the dispute is the profitability of Kansas baseball team Blah blah, purchased November 1, 2003, for 228 million dollars.
The players, in particular, believe that the owners hide part of the profits, through the use of non-transparent accounting techniques. The points on which the dispute is centered, are:
- The roster depreciation;
- Players salary expense;
- Related-party transactions-.

I) The roster depreciation:
The owners have allocated 50% of the purchase price to the value of the initial roster. capitalized and depreciated as a result of this value every 6 years. On the other hand, players, consider the depreciation is not admissible because most of them improve their skills through experience. Our decision…………………..(Feliciana)

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The owners capitalized and amortized 50% of the purchase price over six years because that is the maximum percentage allowed by the Internal Revenue Code. I would argue that the value of the player roster is somewhat subjective. The players argument, however, is that with experience comes greater value. That is an argument that can be debated.…

    • 311 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case Brief

    • 1324 Words
    • 4 Pages

    The plaintiffs, Carol and Gary allege that on September 13, 1998, Carol Allen was injured while participating in a recreational softball game, while she was running to first base. She was hit in the head by the shortstop of the opposing team. This game was an adult and slow pitch softball tournament. The teams that were playing in this tournament were part of the Dover Co-Recreational Softball League, (league) and were sponsored by the Amateur Softball Association Inc. (ASA). The games were played on a softball field that was owned by defendant Martel-Roberge American Legion Post #47 (American Legion). The teams were sponsored by defendant Daniel’s Sports Bar and Grill (Daniel’s) and defendant Thompson Imports (Thompson) who also provided t-shirts for the players. Defendant Bollinger Fowler Company (Bollinger) provided liability insurance for the league, ASA, the American Legion, the Daniel’s team and the Thompson team. The plaintiff was playing for the Daniel’s team, and was using a smaller softball made for women to be able to hit more competitively when playing with men, this was an official rule set forth by the ASA. The defendants did not recommend, require, or provide the use of helmets. The ASA official rules are that there be five men and five women for each team, this game consisted of seven men and three women on each team. When Carol Allen was batting for the first time, she hit a ball towards the shortstop. The male player for the Thompson team threw the ball toward first base in order to get the runner Carol Allen out, but instead the ball struck Carol in the head. This caused her cognitive deficiencies including impaired speech.…

    • 1324 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Acc550 Week 3

    • 1538 Words
    • 7 Pages

    E5-2 (Classification of Balance Sheet Accounts) Presented below are the captions of Nikos Company’s balance sheet.…

    • 1538 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Court Case Summary

    • 464 Words
    • 2 Pages

    In December, Republican North Carolina Governor Pat McCrory signed into law a bill that limits Gov. –elect Roy Cooper’s power in making appointments by combining the elections board with the State Ethics Commission. The State Ethics Commission oversees ethics laws governing lobbyists, elected officials, and government employees. Under this law, governor successors are only able to appoint 50% of the new board’s members under the requirement that two must be Republicans. Legislative leaders would appoint the other 50% of the new board. Previously, the Governor appointed 60% of the Board of Elections members.…

    • 464 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    National Pastime Case

    • 1832 Words
    • 8 Pages

    The Example of Baseball and the Antitrust Laws, 14 HouSTON L. REV. 611, 622 (1977).…

    • 1832 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Case Summary 3

    • 895 Words
    • 3 Pages

    Before Ms Becky and Ms Kassidy presented the final curriculum document at the next site meeting committee, Ms Beckel informed, Ms. Wright, one of her neighbors about the religious studies curriculum which included the bible as one of the texts that the school was going to implement.…

    • 895 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Craddock Cup

    • 612 Words
    • 2 Pages

    After looking at the numbers we decided to eliminate Rivaldo’s salary, we determined that the overhead expense allocations currently in place are not appropriate. The city field rent should be eliminated from the allocated costs as the soccer league will be renting the field regardless of whether or not the Craddock Cup occurs; it is a sunk cost. This also applies to the CYSL office rent and utilities, which will be used by the employees whether or not the tournament is held. We needed to revise the salary allocation, because we do not need to allocate Rivaldo’s salary to the Craddock Cup as it is not relevant. Thus, we only need to account for the $12,000 salary of Renee Jantsen, who works only on the Craddock Cup. Using that allocation method, our profit was $6,502 instead of the previously calculated $3,698 loss.…

    • 612 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Kansas City Zephyrs Case

    • 629 Words
    • 3 Pages

    2. Why? The owners capitalized and amortized 50 percent of the purchase price ($12 million) simply because the tax rules allowed it; therefore the depreciation was spread over six years and comes to a total of $2M deduction in income per year. However the players argue that they become more experienced over time, therefore no depreciation is necessary; instead, they argue, given this fact there should be an appreciation of the roster and not the other way around. The truth is that Revenues are influenced by the performance of players as the better the team does, the more fans come. Therefore, player rosters both appreciate and depreciate depending on the season and the overall success of the team including; new recruits, season statistics (wins/losses) etc, therefore it shouldn’t be a consistent depreciation simply because the IRS allows it, but should reflect the actual situation in any given year.…

    • 629 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Kansas City

    • 388 Words
    • 2 Pages

    Bill Ahern was asked to be an arbitrator in a dispute between the Owner-Player committee and Professional Baseball Players Association. The issue was the profits of the major league baseball teams that the owners maintained, however, that most of the teams were actually losing money each year.…

    • 388 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Saints Bounty Scandal

    • 936 Words
    • 4 Pages

    C. Throughout the past week I have researched this topic and I now feel that I know a lot about it.…

    • 936 Words
    • 4 Pages
    Good Essays
  • Good Essays

    SUMMARY When California’s Public Safety Realignment Act of 2011 became law last year, Kern County, CA, was faced with a significant increase in the number of offenders to be supervised by the Sheriff’s Office or housed in one of its four existing jails. At full implementation of the Act, projections were over 2,000 additional offenders. They built a “Virtual Jail” system around the idea of reliable, innovative electronic monitoring technology that will keep offenders accountable, promote community safety and save taxpayer dollars.…

    • 813 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The current Collective Bargaining Agreement includes a limited salary cap and entry-level salary cap, and expires September 15th, 2004. It is no longer successful at controlling rapid growth in player salaries and forming a direct link between salary growth and league revenues. The Unified Report of Operations claims that the majority of NHL teams have lost money in recent years. Owners believe that there are “major deficiencies in the current contract that has led to significant financial losses and a competitive imbalance. Smaller teams can’t compete with larger teams; therefore the league can’t be competitive. There is a transition from a local market to a league-wide market, so players’ salaries are escalating to levels that are unsustainable. Entry-level salary caps are ineffective due to signing bonuses. The NHL revenue growth equals 173%, while the players’ salary growth equals 261% over the term of the CBA. The players’ salaries account for 75% of NHL revenues, which is much higher than other sports. Owners believe a mechanism is needed to control player salaries and tie them to revenues. Players question the validity of the financial information, URO, and Levitt Report. Players argue against the proposed solutions and say free market forces should determine players’ salaries. There is no validity in the owners’ financial statements, which may support that the lack of revenues is due…

    • 610 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Letsbroad Case Summary

    • 1032 Words
    • 5 Pages

    Firstly, Letsbroad would like to thank all users for using our webpage and/or mobile application. Do take note that by accessing Letsbroad’s webpage and/or mobile application in any manner, user(s) will agree to have a binding contract with Letsbroad. When user(s) does not agree with the Terms and Conditions at any point of time, kindly do not use the services provided by Letsbroad.…

    • 1032 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Kohler Company

    • 764 Words
    • 4 Pages

    It is now April 2000 and Herbert Kohler Jr. must decide whether to settle with the plaintiffs or go to trail in 2 days. It was very possible that the court would determine fair market value to be much higher than price offered. Herbert also must consider that the IRS will use a court determined share price to determine the tax liability…

    • 764 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Case Notes

    • 788 Words
    • 4 Pages

    Important Notes Article 1157 of the New Civil Code states that there are 5 sources of obligations: laws, contracts, quasi-contracts, felonies (acts or omissions punished by law), and quasi-delicts.…

    • 788 Words
    • 4 Pages
    Good Essays