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Season 56

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312831.67 in reply to 312831.66
Date: 3/28/2022 9:15:51 PM
Overall Posts Rated:
00
Wow, this is perfect and really well laid out. Thank you. That's crazy to think about how much you save if you are over-extending but have the overextension in player salaries that you trained yourself.

In your instance, lets say you're overextended with your current team but are not paying the tax because of what you described. Lets say you add another player with a $30k salary. In what order does the cost basis get calculated? Like lets say you purchased all of your starters for $4k each (20k total for 5 players) and then you add this 6th player for 30k; do you pay the overextension tax now that you have that player on top of your already existing salaries or do you avoid it because your cost basis for your starters is only calculated at $20k total?

This rinse/repeat scenario that you outlined, do a lot of teams do this? How long do you cellar dwell? Also, for trainers, is the expense for an exceptional or world renowned coach worth the benefit?

You're clearly very knowledgeable about all of this so I hope its ok to be picking your brain.

This Post:
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312831.69 in reply to 312831.68
Date: 3/29/2022 5:52:32 PM
Overall Posts Rated:
00
To reframe my question around the overextension tax exemption; if $200k+ of your total player salaries are tax exempt and lets say that the additional of the 6th player brings your total salary to $230k, would your taxable player salary be more like $50k/week ($20k initial purchasing price for 5 starters + $30k for new player)? I guess I'm trying to ask if you can avoid the overextension tax by having a majority of your player salaries tied to players that you yourself trained up?

Good to know about the downfalls of tanking. helpful to know about the Gym levels/etc. Do you use any other arena upgrades like the Media Network or merchandise store or anything?

Whether you're knowledgeable or not, you've clearly done some things right to be in the position you're in now and I appreciate you sharing your experience with us.

This Post:
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312831.72 in reply to 312831.1
Date: 4/1/2022 1:10:11 PM
Virginia Beach Freaks
IV.9
Overall Posts Rated:
99
Second Team:
Utopian Freaks
I was worried about being able to sell Gas at $125K *before* he decided to drop THREE levels in jump shot today...

This Post:
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312831.73 in reply to 312831.72
Date: 4/1/2022 2:48:41 PM
wild storm
III.3
Overall Posts Rated:
2828
Second Team:
silver wasps
dang that sucks

This Post:
00
312831.76 in reply to 312831.74
Date: 4/1/2022 6:04:24 PM
Virginia Beach Freaks
IV.9
Overall Posts Rated:
99
Second Team:
Utopian Freaks
Needed him to sell to avoid bankruptcy. One more week to figure things out...

This Post:
00
312831.77 in reply to 312831.76
Date: 4/1/2022 10:03:14 PM
ElectricTriangles
II.2
Overall Posts Rated:
1919
Second Team:
ElectricTriangles II
Oof, good luck trying to sort that out. I don't know your finances but worst case scenario you could cut him if that helps you avoid bankruptcy (after your Saturday game ideally to maximize attendance/revenue). Also I've been wanting to say this to you all season but for the love of everything holy, please expand your arena asap lol

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