Could Ralph be waiting for...

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  • BidsJr
    Registered User
    • Sep 2002
    • 2858

    Could Ralph be waiting for...

    1/1/2011 before he thinks about selling the team? If the estate tax kicks back in it makes way more sense to consider unloading it so his family doesn't bear the tax burden.

    Maybe after the year passes, we will hear more rumblings about Ralpie selling.
    "Well I drink too much and get punched in the head by fighters for fun, so my memory isn't so great." -OpIv37
  • RoscoeMagic
    Registered User
    • Aug 2008
    • 1831

    #2
    Re: Could Ralph be waiting for...

    With the way Obama's taxes are you might be on to something.
    Internet Breeds Complacency.

    Comment

    • don137
      Registered User
      • Jul 2002
      • 7720

      #3
      Re: Could Ralph be waiting for...

      No way he sells the team before dies. If he sells the team he has to pay taxes on the capital gain. That will be a few hundred million. Then when he dies his estate will be taxed again om the remaining amount. Selling the team before he dies would result in the same money be taxed twice and cost his estate much more than if he waited to sell the team until after he dies.
      Last edited by don137; 10-16-2010, 07:55 AM.

      Comment

      • Ed
        Dude
        • Sep 2002
        • 9247

        #4
        Re: Could Ralph be waiting for...

        What if he just sold part of the team to let's say Jim Kelly's group, so he was still majority owner, and then the remainder of the team be sold to the other owners upon Ralph's death?

        I like that idea. Having a transition period.

        Comment

        • Stewie
          Sarah Palin for President... of my pants!
          • Aug 2002
          • 11567

          #5
          Re: Could Ralph be waiting for...

          an outright sell would be problematic.. however, if he wanted to get creative, he might be able to work out an agreement to sell, where no money changes hands, but some parameters are set in place
          Originally posted by Topdog
          Damn , your're showing you're ignorance!
          Originally posted by mercyrule
          I love Weiner.
          Originally posted by mercyrule
          also cheese

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          • YardRat
            Well, lookie here...
            • Dec 2004
            • 86191

            #6
            Re: Could Ralph be waiting for...

            As I've said before, I'm sure Ralph knows all of the financial details and will make the deal when it is most beneficial.
            YardRat Wall of Fame
            #56 DARRYL TALLEY
            #29 DERRICK BURROUGHS#22 FRED JACKSON #95 KYLE WILLIAMS

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            • SABURZFAN
              short bus extraordinaire
              • Jul 2002
              • 50747

              #7
              Re: Could Ralph be waiting for...

              if the NFL were the Dukes of Hazzard, Ralph Wilson would be Boss Hogg.
              Originally posted by yordad
              Christ, you are the queerest person in the history of Bills fanhood. I swear to god I would stomp you.

              Comment

              • X-Era
                What this generation tolerates, the next generation will embrace
                • Feb 2005
                • 27670

                #8
                Re: Could Ralph be waiting for...

                Originally posted by SABURZFAN
                if the NFL were the Dukes of Hazzard, Rex Ryan would be Boss Hogg.
                Fixed it for ya.

                Comment

                • SABURZFAN
                  short bus extraordinaire
                  • Jul 2002
                  • 50747

                  #9
                  Re: Could Ralph be waiting for...

                  Originally posted by X-Era
                  Fixed it for ya.

                  bad fix.

                  Ryan is a straight up guy. Wilson is a swindling, underhanded low life who thinks about nothing but money.
                  Originally posted by yordad
                  Christ, you are the queerest person in the history of Bills fanhood. I swear to god I would stomp you.

                  Comment

                  • Saratoga Slim
                    Registered User
                    • Jul 2005
                    • 4154

                    #10
                    Re: Could Ralph be waiting for...

                    Originally posted by don137
                    No way he sells the team before dies. If he sells the team he has to pay taxes on the capital gain. That will be a few hundred million. Then when he dies his estate will be taxed again om the remaining amount. Selling the team before he dies would result in the same money be taxed twice and cost his estate much more than if he waited to sell the team until after he dies.
                    Plus, if he's going to sell before death, he'd probably want to sell now, before the capital gains tax jumps from 15% to 20% on 1/1/11.
                    Wake up, brush your teeth, and get ready for a day of hating the Dolphins. Or the Pats? How to choose?

                    Comment

                    • Novacane
                      Registered User
                      • Jul 2002
                      • 42355

                      #11
                      Re: Could Ralph be waiting for...

                      He could save his estate the whole tax problem if he'd die before the end of the year.

                      Comment

                      • billz83
                        Registered User
                        • Mar 2010
                        • 445

                        #12
                        Re: Could Ralph be waiting for...

                        Ralph is as cheap as they come however he saves money even after his death is the route he will take regardless of the state of the bills..he could care less about winning and hes proven that over the past decade!

                        Comment

                        • Michael82
                          Registered User
                          • Jul 2002
                          • 82328

                          #13
                          I still think that the plan is for Ralph to give the Buffalo Bills to his wife when he passes. She would then work out a deal with Jim Kelly's group.

                          Comment

                          • ddaryl
                            Everything I post is sexual inuendo
                            • Jan 2005
                            • 10714

                            #14
                            Re: Could Ralph be waiting for...

                            Originally posted by RoscoeMagic
                            With the way Obama's taxes are you might be on to something.

                            Oh please do explain this to me.. Please explain to me all the taxes Obama has created in less then 2 years.

                            Comment

                            • RoscoeMagic
                              Registered User
                              • Aug 2008
                              • 1831

                              #15
                              Re: Could Ralph be waiting for...

                              Originally posted by ddaryl
                              Oh please do explain this to me.. Please explain to me all the taxes Obama has created in less then 2 years.


                              I was just joking man
                              Internet Breeds Complacency.

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