Latest Forum Topics
Search
Sponsors

Featured Article

MJH on accountability

Sponsors

Sponsors

Forum > Jeters 3,000 Hit - Home Run... U-Own-Ball ~ PAYDAY?

So, many ball players are in the game for the money. They get paid, umm very well.
Especially Derek Jeter. The long hold out in his last contract for money, security
and of course, respect.
Jeter's 3,000 Hit was a Home Run... pretty impressive. Certainly a BALL w/Big Worth.
IF you were the fortunate fan that caught and now own the "Jeter Ball" what would
you do with it? Keep it, give it back, eBay it or hold out for Jeter's Best Offer, etc.?

July 11, 2011 at 11:27 AM | Unregistered CommenterHubZ

Assuming I was a Yankee fan, I would give it back to him but I would kindly ask if maybe I could get season tix for the rest of the year and next year in return.

If it were me (devoted Yankee hater), I'd hold it ransom until I had at least one of my kid's college fund taken care of.

July 11, 2011 at 12:19 PM | Unregistered CommenterAdam

What Adam said - keep it if you're not a fan - give it back if you are (though in NY you might have to give it back either way - or you might not wake up in the morning).

By the way - the fan did give it back and that he was given 4 season tickets for the rest of 2011 and several Derek Jeter autographed items (bats, balls, etc).

http://hardballtalk.nbcsports.com/2011/07/09/fan-returns-derek-jeters-3000th-hit-ball/

July 11, 2011 at 1:55 PM | Unregistered CommenterCaleb

Even if I was a yankee fan, I would sell that ball. That's a lot of money we are talking about, especially with how many avid yankee fans there are out there. Of course, I would give Jeter the first chance to buy it, but if he wasn't willing to give the right price, I'd sell it elsewhere. Doing the "right thing" feels good in the moment, but down the road when everybody has forgotten about him, I bet he's gonna be wishing he had put some extra dinero in his pocket instead.

July 11, 2011 at 4:03 PM | Unregistered CommenterNate

Xtra Cash, in the amount of $200 to $250 thousand, estimated.

July 11, 2011 at 4:12 PM | Unregistered CommenterHubZ

Um, yeah, about that:

The man who gave Derek Jeter’s 3,000th hit ball back to the future Hall of Famer and received a treasure trove of gifts in return may be getting another unexpected gift — a five-figure tax bill.

The New York Times reported Monday that Christian Lopez, the fan that caught and returned Jeter’s home run ball on Saturday, could be facing a tax bill for all that he received in return for his good deed — potentially to the tune of about $14,000, according to one accountant.

The 23-year-old Lopez, who caught the ball while seated in the left-field stands, received from the Yankees four luxury suite tickets for each of the team’s remaining home games, including the postseason, as well as three bats, three balls and two jerseys all signed by Jeter. In addition, he received front-row seats for Sunday’s game, which the Times reported sell for up to $1,358.90 each.

When valuing all of the goods, Lopez – who told the Times that he owes more than $100,000 in student loans – could be in line for a heavy bill from the IRS. The Times cited Steven Bandini, a tax partner at the accounting firm Zapken & Loeb, who said that a modest valuation of $50,000 for all of the items would likely mean a roughly $14,000 tax liability.

July 12, 2011 at 3:58 AM | Registered CommenterJoey Matschulat

Yep, that is a very real added scenario Joey. Fact: "Nothing is Free".
The IRS will get whats owed to them. They'll immediately shut down all
his bank accounts, withhold any payroll checks coming and put a big
albatross around Chris' neck, untill the "Bill" is paid to IRS.
Always remember; "Cash is KING... it Pays the Bills, including the IRS.
Now lets see if the Yankee's disclosed ALL to CL.
Will Yankees do the right thing, in return for Christian Lopez's generosity?
Pay Off the IRS.

July 12, 2011 at 7:38 AM | Unregistered CommenterHubZ

Man, that's shitty. Hopefully New York or Jeter will cover it.

July 12, 2011 at 8:33 AM | Unregistered CommenterAdam in Longview