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Overextention tax

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This Post:
55
252784.49 in reply to 252784.48
Date: 12/28/2013 9:50:10 AM
Overall Posts Rated:
218218
wow this update is so cool.

Total Revenue: $ 366 593
Total Expenses: $ -339 749
Training Exemption: $ 197 515 <--- out of 277k salary, cause i only have 1 player which i havent drafted:D
This means i can have like 550k roster without paying luxury tax, atlast training got benefitial

This Post:
11
252784.50 in reply to 252784.34
Date: 12/28/2013 9:55:27 AM
Syndicalists' BC
Naismith
Overall Posts Rated:
303303
Ok so can someone tell me if im screwed then? See below and any suggestions would be great,

Overextension Tax Calculation
Total Revenue: $ 158 871
Total Expenses: $ -443 629
Training Exemption: $ 0
Overextension: $ -284 758
Overextension Tax Rate: 50%
Overextension Tax Total: $ -142 379

Do i fire my high salary players before Monday financial update?

will i get hit with the extension tax on monday update (2 days time) ?

Well not this Monday but the next one.
Additionally, this rule will not be applied during the first 4 weeks for new teams and on the first week of each season for all teams.

So no one will pay the Overextension tax this Monday.

Wasn't Dec. 23rd the first Monday of this season? We payed salary on that day for this upcoming season, so I would assume teams will start paying the OT on the 30th. Maybe you can find out for sure EGM-Nickleon?

This Post:
00
252784.51 in reply to 252784.50
Date: 12/28/2013 10:04:42 AM
Overall Posts Rated:
137137
But the players needs to be a team´s rookie to have the salary exception? for example, if you buy a 18 years old player whose salary is 5k and train it until his salary goes to 100k you have the 95k salary exception or not? because the announce does not say that has to be your rookie, does it?
And where do you see your trainig exception? because I don´t see it or I don´t have it.

Last edited by algope17 at 12/28/2013 10:06:23 AM

This Post:
00
252784.52 in reply to 252784.50
Date: 12/28/2013 10:11:54 AM
Neverwinter
CGBBL
Overall Posts Rated:
621621
You're right on both things. It's just that the BBs are contradictory. They follow the common sense logic, not the strict logic.

Yes, the first economic update was 23rd. However, in this case they consider the next Monday to be the first of this season. Why? Well, it's the first economic update, with the new salaries.

Yes, veterans wage drop isn't included into training exemption. It states that players salaries are taken upon their joining. It would mean that salary drops are included. However, since it's a training exemption, naturally, only the positive players are included.

Basically, if the site was run by a mathematician, or anyone who read Euclid's Geometry, there wouldn't be any logical contradictions. Unfortunately, it isn't the case :)

This Post:
00
252784.53 in reply to 252784.49
Date: 12/28/2013 10:19:00 AM
Overall Posts Rated:
774774
This means i can have like 550k roster without paying luxury tax, atlast training got benefitial

True, but then you'll still lose money just like S25 and before, and a lot of money at that

If you remember me, then I don't care if everyone else forgets.
This Post:
00
252784.54 in reply to 252784.51
Date: 12/28/2013 10:28:22 AM
Overall Posts Rated:
345345
But the players needs to be a team´s rookie to have the salary exception? for example, if you buy a 18 years old player whose salary is 5k and train it until his salary goes to 100k you have the 95k salary exception or not? because the announce does not say that has to be your rookie, does it?
And where do you see your trainig exception? because I don´t see it or I don´t have it.



it does not need to be your rookie. It has to be someone you trained. So if you get a 20k center and turn him into a 200k center and you never have to be bothered by this tax again because you will be plus 180k bonus.

you can do a "mouse-over" in the economy page where you have this tax.

This Post:
11
252784.55 in reply to 252784.54
Date: 12/28/2013 10:34:02 AM
Kitakyushu
ASL
Overall Posts Rated:
12341234
There is a team here in Japan that trains for the NT......his Training exemption is 337K. Damn, he can do some damage.

This Post:
00
252784.57 in reply to 252784.56
Date: 12/28/2013 12:33:58 PM
Overall Posts Rated:
774774
Indeed.

So what happens in weeks where you have 0 home games vs. weeks where you have 2 home games?

If you remember me, then I don't care if everyone else forgets.
This Post:
00
252784.59 in reply to 252784.58
Date: 12/28/2013 12:36:14 PM
Overall Posts Rated:
774774
Thank you kind sir EGM.

If you remember me, then I don't care if everyone else forgets.
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