Philippine PBA Trades, Releases, Sign-ups, Rumours (vol. III)

[Metta]

Well, if they don't list the PBA team as an expense, they'll pay more in taxes, it won't be a tax deduction. These guys really are businessmen, wanna earn as much as possible.

Now question is, how do they make the PBA lucrative?

One way is to make owning a team as a stand-alone thing. Just like how the Buss family has only the Lakers as their main business. They have no choice but to produce a high quality/profitable product.

Currently, pba owners have no incentive to make teams profitable (which results in a better product), market is not the driving force. It's exactly an oligarchy, with status quo as the goal.

[zairex]

I haven't seen the MOA of PBA and BIR that owning a PBA team ia a charitable act. No benefit from owning PBA for tax purpose directly.

For Gilas, it is because MVP foundation is the one who is supporting Gilas as a national team.

[hmbopbaduwap]

https://www.spin.ph/basketball/pba/joseph-eriobu-returns-to-pba-by-signing-magnolia-2-year-deal-a793-20230915?ref=feed_1_section

[Metta]

I haven't seen the MOA of PBA and BIR that owning a PBA team ia a charitable act. No benefit from owning PBA for tax purpose directly.

Article itself says it's the marketing managers who convince RSA to keep the teams. Marketing "expense," those product names emblazoned on those jerseys isn't there just because. If teams become profitable it will "shrink" the expense = more taxes.

Charity was mentioned not about pba being a charity, RSA mentioned that he was deciding to choose between having pba teams versus giving it to charity. Whether he chooses any of the 2, it's for tax purposes. Instead of giving money directly to BIR, give it to charity (deductible) or treat it as an expense (pba). That way you get added goodwill from the people.

[CoJ]

pba is simply a business expense/marketing expense that you could use as a tax deductible operation. Its a tax shield

[mathematicianrcg]

Wow. pba draft top picks are mostly Fil Foreigners.

Who Among them are Gilas Eligible?

Lucero and Winston?

[IPC]

Wow. pba draft top picks are mostly Fil Foreigners.

Who Among them are Gilas Eligible?

Lucero and Winston?

Lucero, no (hopefully he will be soon). Schonny, yes.

[zairex]

pba is simply a business expense/marketing expense that you could use as a tax deductible operation. Its a tax shield

From what i know, not really. They could just give it as a benefit to employees and the effect the same.

[PaulLee3]

https://twitter.com/i/status/1703372287133851746 San Miguel Selects Kyt Jimenez aka Mr Quadruple Double

[hmbopbaduwap]

Mav Ahanmisi signs with Ginebra

https://tiebreakertimes.com.ph/tbt/mav-ahanmisi-signs-with-ginebra/281659

[CoJ]

https://twitter.com/i/status/1703372287133851746 San Miguel Selects Kyt Jimenez aka Mr Quadruple Double

9th round heheh, shows you how far the gap is between legit pba prospects and mavs phenomenal talents

[Rds]

9th round heheh, shows you how far the gap is between legit pba prospects and mavs phenomenal talents

SMB has this history of picking deep into the drafts. Doesn't matter. Their own picks rarely get to play. They dont care about picking high because they can get their farm teams to pick and "ripen" the players they want.

[CoJ]

SMB has this history of picking deep into the drafts. Doesn't matter. Their own picks rarely get to play. They dont care about picking high because they can get their farm teams to pick and "ripen" the players they want.

yep, these are just vanity picks, for the sake of drafting, since SMB has TF and NP to do the drafting and player development for them.

[Marsh Mello]

Mav Ahanmisi signs with Ginebra

https://tiebreakertimes.com.ph/tbt/m...ginebra/281659

Cap space is really a myth in the PBA huh

[zairex]

Cap space is really a myth in the PBA huh

They can still be under the cap but will boost a player bonuses instead and other fringe benefits