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A new era of hope begins. Go Bills
He won't pay 'Capital-gains' taxes.....it's essentially considered an intangible asset on paper, even as a corporation, which I'm sure the Bills are and is not a part of his Estate.
Corporations allocate dollars for insurance to cover any tax as a liability and it wouldn't be difficult either to dump money to charities to gain tax advantages, in a hurry.
If he owned the stadium, which he doesn't (leases from Erie County) and there was a profit from it's sale.....then you could consider the original purchase of the land, deducted from the sale price as 'Capital-gains' worthy. Yet, again, if the Bills are a corporation which I would bet my bank accounts they are.....then the only the amount Wilson receives personally and allocated directly to him and only him, without re-investment into a tax-sheltered account, would be considered as income for that year.
He could take the entire amount and start a non-profit charity and never be taxed.....while drawing 10% salary or less without tax consequenses annually.
Solid off-season OBD...."Let's Go Buffalo!!!"
you know what gets me about this.
myself and about 3 other posters have been trying to explain this very thing for years about the bills.
how can a team make money by not winning. because winning cuts into the profits.
what the article didnt go into was the effect that individual incentives have on a team by team basis. any and everything from starts ... to yardage to carries to receptions. even league recgonition ... mvp ... pro bowl .... those things can be in contracts.
play off bonuses for the players. all those things take away from the profits.
but the suggestion that the salary cap floor is something new is false. it has been then. it just didnt get alot of media attention.
Is today the day that i get Banned ?
when CIVILITY is lost, all hope is lost to keep the discussion from going on to personal attacks. Wyo
Yeah, I did it, I might cry two tears in a bucket. **** it. Let's take it to the stage.
George Clinton - House Party
Very interesting article, thanks for posting!
This is too easy.
Buddy's only chance to be an NFL GM, albeit a puppet GM, and to get the payday that comes with that was to take Ralph's offer. He doesn't have to worry about doing a good job either, because this is his last job in football. It makes all too much sense for Buddy to NOT take the gig.
Whaley also got an offer that he wasn't receiving from the Steelers. Bigger title, bigger payday. It's not too hard to understand. Nix will bear the brunt of the criticism when this regime collapses, so he'll land on his feet after this fiasco.
You act as if this is area 51 type secrecy here. His former employees are just happy they got paid for the terrible job they did, and have no interest in outing themselves as yes men and puppets for the puppet master.
Is it starting to come together yet?
I don't believe he's in control of daily operations, I'll give you that. I will tell you however that he has made it CRYSTAL clear to the men in his circle that there is criteria that they must follow, and any deviation from what Ralph wants, (being cheap, extending Kelsay, etc...). Follow the guidelines, and you're in no danger of losing your job for at least a few years.
If after all this time you don't know that Ralph is extremely controlling and afraid to hand over the reins since Polian, and that this is why we didn't even have a GM, just a marketing guru. Again, this is not rocket science or breaking news. Ralph only let a handful of people into his circle, and it was because they listened to him. They were rewarded with a job for as long as he could possibly keep them on.
You and the others who think Ralph doesn't have a HUGE say in the way this franchise is run are the delusional ones, not us realists.
Quote from FloridaGatorsBuffaloBills "Signing Mario Williams to a 100 million dollar deal would be the biggest mistake in Bills franchise history."
Quote from Kingtut420 "Somewhere a small child gets eaten by wild lions every time mykidsdad posts on this message board."
He's taking a page out of Harold Ballard's dubious legacy. I have no respect for what Wilson is doing to this team and it's fans. You could make an argument that he is making this franchise look very profitable before selling. I hate the doom and gloom too, I know I've been very pessimistic towards the entire Bills organization this year, but this really, really, smells bad.
Sorry, but that Easterbrook article is a bit of a joke.
If you believe the premise of his article, Buddy Nix is in cahoots with Ralph Wilson to save as much money as possible. Ralph, presumably, told Nix (a lifelong scout and true "football guy") "Hey, you can have this job, Buddy, but only if you do everything you can to cut costs and save me money". Buddy then presumably obliged and accepted the job. And now, he not only does everything in his power to save money, he also does so in a way that gives him a "built-in excuse" for each season in terms of why the team will do poorly. He cut Langston Walker and Trent Edwards in order to "give him an excuse for the team doing poorly", and he traded Lee Evans for the same reason. It wasn't that Nix and/or Gailey thought that Evans no longer fit in with the team, and it wasn't that Lee WANTED out because he saw he wasn't being utilized...no, no, no. The real truth is that Ralph said "Hey Buddy, find a way to save me another $3 million, will ya? and while you're at it, do it in a way that gives us an excuse for having a bad season. Thanks". Buddy, in this scenario, has no interest in actually fielding a winning team. He doesn't care at all about his reputation or integrity. His only job is to save Ralph money wherever possible, all the while deviously performing personnel maneuvers that give the Bills an excuse for losing so they can justify it to their season ticket holders. Right. Meanwhile, Ralph Wilson, who has dedicated his entire life to owning and operating the Bills, has no interest whatsoever in seeing his team win a Super Bowl before he dies. He'd rather just make money and field a horrible team. Furthermore, Ralph sees no monetary gain to be had from fielding a SUCCESSFUL team that brings in new fans and generates more merchandise sales revenue. Right.
Sorry, its hogwash. I don't deny that small market teams often operate on the cheap in an effort to save money. But his premise about Nix and Wilson and their devious efforts to cut costs and "give themselves excuses for fielding a bad team" is ridiculous. Sorry, it just is. Asbolutely ridiculous.
"He who knows, does not speak. He who speaks, does not know."
~ Lao Tzu
Wow.
Easterbrook didn't write anything I didn't already know, but I'm kind of shocked that he just laid it all out there like that. He must be very secure in his gig with ESPN, because none of the organizations that he just put on blast will ever hire him in any capacity. I applaud him for doing it. Most journalists aren't courageous enough to burn bridges like that. This link is going in my sig.
For those that wonder why this franchise is the way it is, read the article, it's all in there.
The Chronicle of Shame
It started with a fiendish plan...
Then a 70-year-old rookie GM.
Criticism followed shortly.
Soon enough the truth to come to light...
Many were confused by this line of "logic".
His work done, Ralph settled in for another nice long rebuild.
Ladies and gents, your 2012 Buffalo Bills!*
*Note: Same as your 2001-2011 Buffalo Bills
I read the article when it was posted a dozen or so times already. Buffalo is not sitting here cutting/trading future Hall Of Famers to cut corners. The Buffalo Bills have been a losing team for the better part of a decade.
When you are using names like Langston Turn Style Walker and Trentative Edwards as examples to back up your arguent you look foolish to say the least.
I LOVE ME SOME ME
BILLS NEED THIS GUY- LEON SANDCASTLE
Adopt a Bill 2012- Cordy Glenn
Adopt a Bill 2013- Mario Williams
Shallow men believe in luck. Strong men believe in cause and effect. - Emerson
Hell no. I am gonna be right here till the end riding the front offices asses. Every screwup I am calling them on it. Wilson has been bilking great people out of hard earned money for decades now and its coming to a head.
This article is dead on and only the most blind, clueless homer would disregard it.
The Chronicle of Shame
It started with a fiendish plan...
Then a 70-year-old rookie GM.
Criticism followed shortly.
Soon enough the truth to come to light...
Many were confused by this line of "logic".
His work done, Ralph settled in for another nice long rebuild.
Ladies and gents, your 2012 Buffalo Bills!*
*Note: Same as your 2001-2011 Buffalo Bills
Is this the Easterbrook article posted 35 times today? Has he addressed the fact that cap room means roster and extension flexibility yet? Has he pointed out that the best organizations in the league run about midway in the cap room chart?
The only thing interesting about Easterbrook's work is figuring out whether "Confirmation Bias Easterbrook" won or "Strawman Easterbrook" won that week...
Dead on! For those still in denial, no one ever offered Buddy Nix a GM job before Buffalo. As some pointed out he was retired because the Chargers didn't want his *** any longer. Hell yeah he is gonna do exactly what Ralph tells him to do and that is cut all the high salaries, and just draft. Oh sure sprinkle in mid tier FA's to keep the masses somewhat at bay, but that is it.
Bull****. I'm no homer (have had the above SN here since I joined) but Easterbrook is one of the most frustrating, ill-researched, ill-informed anectdotal, ****-evidence peddlers feigning intellectual prowess out there...
Coming up with a conclusion, picking 3 examples you think fit your theory, ignoring all other factors and evidence and analysis and claiming your theory is proven is his game.
A new era of hope begins. Go Bills
Sounds like you've got an axe to grind with Easterbrook. No matter how you feel about the author, the article is well-written and his premise is fundamentally true. You really can't argue with the financials. Facts are, Ralph has made a killing in a small, economically-depressed market with a team that has only been competitive for brief flashes of its 50 year history. Where's the falsehood there?
Clearly, there's a major motivation to keep this team a bottom feeder. What's the answer to 99 out of 100 questions?
The Chronicle of Shame
It started with a fiendish plan...
Then a 70-year-old rookie GM.
Criticism followed shortly.
Soon enough the truth to come to light...
Many were confused by this line of "logic".
His work done, Ralph settled in for another nice long rebuild.
Ladies and gents, your 2012 Buffalo Bills!*
*Note: Same as your 2001-2011 Buffalo Bills