Found Tax Benefits of Memorabilia Donation for MLB Player
Prepared a Valuation Letter for a current MLB Player who was donating a piece of equipment he used in a record breaking game to the Hall of Fame. The player and his agent retained our services to allow the player to take advantage of the tax benefits of this donation.
Managed Sale of MLB Team and its Assets
Managed the sale of a Major League Baseball team and its assets from its current stadium, which was being torn down to make room for a new stadium. Using these assets from the old stadium, we managed the creation of over 30 different licensed products, a national auction, and a massive live event that generated $6 ½ million in revenue for the team.
Weighed all factors involved with contract offers
Our client, a Major League Baseball player, had several multi-million dollar contracts on the table. We helped him compare offers, not just on face value but also based on the tax implications of each state where he wanted to play. We helped him make a smart decision. With our help, he ended up going where he wanted to play all along.