Selling 85% of the Lakers shares, deducting related taxes, how much is left for the beautiful boss 10 billion?

The Lakers have changed hands. On June 19, the news exposed by famous reporter SHAMS surprised many fans. That is, after negotiation, the beautiful Lakers boss Jenny Buss decided to sell 85% of the Lakers' shares. Why is Jenny Buss willing to sell the team? The reason is that the new boss gave too much.

According to Forbes' valuation, the Lakers' value is $7.2 billion, but in order to obtain 85% of the Lakers' shares, the new boss is willing to give a price of 10 billion. This price also surprised most media people and fans. Even famous reporter Su Qun said that 85% of the Lakers' shares can be sold for 10 billion, so how much can the Warriors and the Knicks sell?

How much money can the Warriors and the Knicks buy, we don’t know, but many fans are also curious that they sold 85% of the Lakers’ stock and got $10 billion. How much money can Jenny Buss get for this $10 billion? Why are there such questions? As we all know, this $10 billion is the transaction price and the book price, but this price comparison ultimately requires deduction of related fees, such as the US federal transaction tax, state tax and other fees.

Deducting the expenses, how much is left for Jenny Buss' 10 billion? First of all, the federal transaction tax for American companies. The transactions on the Lakers are applicable to corporate income tax, with a tax rate of 21%. The second is state tax. The state tax usually depends on the state's tax policy. Los Angeles, where the Lakers are located, belongs to California, with a corporate income tax of 8.84%, and a basic sales tax rate of 7.25%, so the total amount of the state tax side is 16.09%.

This also means that the company's federal tax + state tax, the ratio required to be deducted is 37.09%, which is $3.709 billion. The money that Jenny Buss can get is $6.291 billion. If some corresponding expenses are deducted, it may be only about 6 billion in the end. However, it is worth mentioning that this is only the part that Jenny Buss needs to deduct, but Jenny Buss will definitely have professional companies to help Jenny Buss carry out related tax cuts. For example, in the transaction, the player contract is regarded as an independent asset for transfer, so as long as Jenny Buss can reach an agreement with the new boss, according to the regulations, they can share the value of the contract assets for five years for depreciation calculations, so that Jenny Buss can save a part of the money from it. But even so, Jenny Buss can still get a lot of wealth. After all, her father only spent $67.5 million to buy the Lakers that year, and he still made a lot of money.

Reprinted from: Youyou Gua ZY