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Old 10-20-2023, 09:11 AM   #105
ChiefaRoo ChiefaRoo is offline
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Join Date: Sep 2005
Location: Austin,TX
Casino cash: $3927505
Quote:
Originally Posted by Buehler445 View Post
Nah, accountants exist for a reason.

Typically equity acquisitions are Cash in exchange for shares/equity percentage.

CBA dictates for rookies there is a scale and game checks. So each game, they withhold his check and exchange it on the balance sheet for equity (surely these are all corporations so we'll go with shares).

So each check, caleb gets some shares, but no cash. So after his rookie contract, he 41M of equity in whatever shit franchise is out there, let's say the Faid - they're giving shit away. Franchise is worth 6.2 Billion.

Congrats, Caleb, you get .66% of the Faid. Oh, and 5 years of tax liability on 41M. Oh, and by the way, Faid are cash poor so there won't be any dividends.


Enjoy, bitch.



I believe I was early on this when he said "there's nothing he (Mahomes) can do that I can't."
Lol. Astute.
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