Jeter is a cheater?

Collapse

Recommended Videos

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • The C
    Banned
    • Apr 2005
    • 7538

    #1

    Jeter is a cheater?

    Cheating taxes that is.



    New York City's quintessential A-list superstar, Yankees captain Derek Jeter, is in trouble with the taxman for claiming he resided in Florida during some of the biggest years of his Big Apple career.
    New York state tax officials want Jeter to fork over what could be hundreds of thousands — even millions of dollars— in back taxes and interest for the years 2001 to 2003, when the baseball shortstop claimed residency in Florida, despite his high-profile presence in New York’s sports and gossip pages during that time.
    Lawyers for Jeter, who has an off-season home in Tampa, Fla., dispute the claims that Jeter “immersed himself in the New York community” and made “numerous statements professing his love for New York" during the disputed period, according to documents published this week on a state Web site monitored by FOXNews.com.
    The posting came in the form of an administrative judge's rulings on a number of seemingly mundane issues related to the ongoing case.
    Click here to see the documents.
    Jennifer Brasile, who works with Jeter's agent Casey Close of Creative Artists Agency, said she would "absolutely not" comment on the tax dispute.
    A New York City lawyer for Jeter named in the judge's ruling, Maria T. Jones from the firm Kramer Levin, declined to confirm that the baseball star was her client when reached by telephone.
    The ruling shows that Jeter has actually claimed Florida residency since 1994, though he first came up with the Yankees late in the 1995 season. State officials aren't disputing those filings, even though Jeter became an increasingly prominent presence around town during that time period, often in the company of young starlets and other New York celebrities.
    But the team captain's headline-grabbing purchase in 2001 of a $13 million apartment at the ultra-exclusive Trump World Towers on Manhattan’s East Side may have been too much for tax collectors to ignore.
    In the years following the purchase, Jeter bought up even more space in the building, and at one point was shelling out $8,000 a month for a getaway rental in Long Island, also in New York state.
    The Trump World Towers is one of New York's most elite residences. Jeter teammates Hideki Matsui and Alex Rodriguez have their own apartments in the opulent building, and so do other notable celebrities.
    "That could be the red flag," said one Manhattan attorney in private practice who handles state tax claims. "He may well be able to satisfy the requirements of Florida residency, though it might not seem that way for such a big-name New Yorker."
    Jeter can probably afford to pay up if he loses the case. He signed a $189-million-dollar contract in 2001 — perhaps not coincidentally the first year disputed in the case — makes millions more in endorsements and enjoys a reputation for being mature and responsible with his wealth and fame.
    Lawyers for Jeter and the state may still yet settle the case, before the superstar is forced to sit face-to-face with tax officials.
    Yankee fans, meanwhile, reacted with a mix of disappointment and bemused sympathy to the news.
    "Of course he lives in New York," said New Jersey resident Tony Benitez, a fan sporting a Yankees cap in Times Square. "But, hey, if I could get away with that, would I try it? What do you think?"
    This is how they got Willie Nelson.
  • dust247
    MVP
    • Jul 2003
    • 3369

    #2
    Re: Jeter is a cheater?

    Time to bring out the asterisk's.....

    Colorado Avalanche (NHL)
    Denver Nuggets (NBA)
    Green Bay Packers (NFL)
    Iowa Hawkeyes (NCAA)
    Minnesota Twins (MLB)
    Tennessee Volunteers (NCAA)

    Comment

    • pinnacleguy2
      Rookie
      • Nov 2005
      • 422

      #3
      Re: Jeter is a cheater?

      He'll get it straightened out before spring training gets here.


      Comment

      • Gary Armida
        MVP
        • Oct 2003
        • 2533

        #4
        Re: Jeter is a cheater?

        Originally posted by pinnacleguy2
        He'll get it straightened out before spring training gets here.
        Agreed. Seems like this is something Jeter will take care of real quick. I'd be surprised if this drags out as he has always seemed very private.
        Formerly Favre4vr

        Comment

        • nyisles16
          All Star
          • Apr 2003
          • 8317

          #5
          Re: Jeter is a cheater?

          i can see it now... Derek "Cheat-er" and A-"Fraud" playing on the same team...

          Comment

          • nemesis04
            RIP Ty My Buddy
            • Feb 2004
            • 13530

            #6
            Re: Jeter is a cheater?

            This is just busy news. He he has been a full time resident of Tampa since 94. This is just a case of New York looking for cash. They already said that they were not adding penalties because it was not intentional. He probably will only have to pay of portion of what they are looking for.
            “The saddest part of life is when someone who gave you your best memories becomes a memory”

            Comment

            • MassNole
              Banned
              • Mar 2006
              • 18848

              #7
              Re: Jeter is a cheater?

              Funny they do nothing when Pepsi pays $1 in taxes.

              Comment

              • The 24th Letter
                ERA
                • Oct 2007
                • 39373

                #8
                Re: Jeter is a cheater?

                Jeter is a cheater?


                if it rhymes it has to be true

                Comment

                • nyisles16
                  All Star
                  • Apr 2003
                  • 8317

                  #9
                  Re: Jeter is a cheater?

                  Originally posted by nemesis04
                  This is just busy news. He he has been a full time resident of Tampa since 94. This is just a case of New York looking for cash. They already said that they were not adding penalties because it was not intentional. He probably will only have to pay of portion of what they are looking for.
                  I know.. just messing with you Yank fans :wink:

                  Comment

                  • ComfortablyLomb
                    MVP
                    • Sep 2003
                    • 3548

                    #10
                    Re: Jeter is a cheater?

                    His accountant or lawyer probably told him this would fly. Does anyone here really think he manages all that money?

                    Comment

                    • imapotato
                      Banned
                      • Jun 2005
                      • 824

                      #11
                      Re: Jeter is a cheater?

                      Originally posted by pinnacleguy2
                      He'll get it straightened out before spring training gets here.
                      So Bonds=Satan and Jeter is ok?

                      Jeter committed a crime that would throw most of us in the slammer with heavy fines for a long time

                      He should have a CPA handling his finances...and his current accountant should be fined and fired.

                      Comment

                      • ComfortablyLomb
                        MVP
                        • Sep 2003
                        • 3548

                        #12
                        Re: Jeter is a cheater?

                        Originally posted by imapotato
                        So Bonds=Satan and Jeter is ok?

                        Jeter committed a crime that would throw most of us in the slammer with heavy fines for a long time

                        He should have a CPA handling his finances...and his current accountant should be fined and fired.
                        Dude, if in the end he's found to owe the state some money he'll cut them a HUGE check and he'll forget about it after getting someone else to handle his money. You're nuts if you think this is a big deal. Thinking anyone would go to jail for this is ludicrous.
                        Last edited by ComfortablyLomb; 11-17-2007, 06:55 PM.

                        Comment

                        • imapotato
                          Banned
                          • Jun 2005
                          • 824

                          #13
                          Re: Jeter is a cheater?

                          Originally posted by ComfortablyLomb
                          Dude, if in the end he's found to owe the state some money he'll cut them a HUGE check and he'll forget about it after getting someone else to handle his money. You're nuts if you think this is a big deal. Thinking anyone would go to jail for this is ludicrous.
                          You are missing my point...if Joe Schmoe did this, there would be jail time and/or probation.

                          Comment

                          • ComfortablyLomb
                            MVP
                            • Sep 2003
                            • 3548

                            #14
                            Re: Jeter is a cheater?

                            Originally posted by imapotato
                            You are missing my point...if Joe Schmoe did this, there would be jail time and/or probation.
                            Joe Schmoe is earning millions in interstate commerce and having his finances largely managed by another person? That doesn't sound like a Joe Schmoe anymore.

                            Comment

                            • bigeastbumrush
                              My Momma's Son
                              • Feb 2003
                              • 19245

                              #15
                              Re: Jeter is a cheater?

                              A wise man once said:

                              "Straight cash, homie."

                              Comment

                              Working...