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Chris Paul gives record-breaking $2.5 million to Wake Forest Basketball

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by zeeshan2, Aug 7, 2018.

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  1. zeeshan2

    zeeshan2 Member

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    #1 zeeshan2, Aug 7, 2018
    tonyt8605, UTSA2step, clutchdabear and 9 others like this.
  2. Air Langhi

    Air Langhi Contributing Member

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    Of all pro athletes NBA players are pretty generous.
     
    #2 Air Langhi, Aug 7, 2018
    clutchdabear, DonKnock and seclusion like this.
  3. Richie_Rich

    Richie_Rich Member
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    Of all pro athletes, NBA players make the most income per annum.

    Just saying... in-kind donations offer big tax savings. :D

    That said, good for CP3.
     
    #3 Richie_Rich, Aug 7, 2018
    HakeemOnlyFan, TheRealAllpro and BigShasta like this.
  4. primtim24

    primtim24 Contributing Member

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    Why can't we just say that it's awesome for players to give money back (to their alma maters or otherwise). Instead we have to point out "how big the tax savings are", or how "it's the least they could do after all that money X team gave him". Despite how comparatively little we make, how much money have we given back to our respective schools???
     
    #4 primtim24, Aug 7, 2018
    Emtenndo, DonKnock, mrm32 and 2 others like this.
  5. bobrek

    bobrek Politics belong in the D & D

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    Shut up and dribble
     
    #5 bobrek, Aug 7, 2018
    HakeemOnlyFan, Emtenndo, Jontro and 11 others like this.
  6. intergalactic

    intergalactic Contributing Member

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    CP3 is following LeBron's lead on philanthropy. Hopefully he will do even more in the future. He's got the money and smarts to make a big impact.
     
    #6 intergalactic, Aug 7, 2018
    DonKnock, BigShasta and Richie_Rich like this.
  7. jacoby

    jacoby Member

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    So he has the money to donate to his community but he was unwilling to give Tilman a paycut so we can reduce our luxury tax bill?
     
    #7 jacoby, Aug 7, 2018
    UTSA2step, hvic and DreamShook like this.
  8. Richie_Rich

    Richie_Rich Member
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    What's wrong with admitting the personal benefits of 501(c)(3) contributions while also giving credit to individuals who've busted their asses amassing their personal wealth?

    The tax rules are set up this way for a reason and many of us have benefitted -- especially those of us who have given back to our Alma Mater -- albeit on a much smaller scale.

    It's a win-win for everyone.
     
    #8 Richie_Rich, Aug 7, 2018
    TheRealAllpro and BasketballMind like this.
  9. BasketballMind

    BasketballMind Contributing Member

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    Yep. A "no brainer."
     
    #9 BasketballMind, Aug 7, 2018
  10. rammo

    rammo Member

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    Imagine how much Melo will give his school lel
     
    #10 rammo, Aug 7, 2018
  11. BamBam

    BamBam Contributing Member

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    Kudos to CP3 for paying-it-forward!

    Now let’s win a chip for HTown!!


    Go Rockets!!!
    .......
    .......
    .......
     
    #11 BamBam, Aug 7, 2018
  12. DreamShook

    DreamShook Member

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    "Should have gave that money to Luc under the table."

    jk, jk.
     
    #12 DreamShook, Aug 7, 2018
    Why not? likes this.
  13. Carl Herrera

    Carl Herrera Contributing Member

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    Maybe he can donate $2.5million to Tilmann so that Tilmann can afford to allow Morey to do something.
     
    #13 Carl Herrera, Aug 7, 2018
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  14. bobrek

    bobrek Politics belong in the D & D

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    One is also limited to how much of their donations they can deduct.
     
    #14 bobrek, Aug 7, 2018
    DonKnock and Nook like this.
  15. cheke64

    cheke64 Member

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    I agree. The billionaire needs to save more money
     
    #15 cheke64, Aug 7, 2018
    desi tmac91 likes this.
  16. bmelo

    bmelo Member

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    and what's exactly wrong with that? maybe you won't like it but youths future is way more important than sport
     
    #16 bmelo, Aug 7, 2018
    DonKnock and desi tmac91 like this.
  17. Fantasma Negro

    Fantasma Negro Member

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    articles.syracuse.com/su-news/index.ssf/2017/05/who_are_syracuse_universitys_top_donors.amp
     
    #17 Fantasma Negro, Aug 7, 2018
    rammo, DonKnock and Ziggy like this.
  18. zeeshan2

    zeeshan2 Member

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    He's built skyscrapers out of his bricks
     
    #18 zeeshan2, Aug 7, 2018
  19. topfive

    topfive CF OG

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    The amount you make in tax savings is far less than the amount you give.
     
    #19 topfive, Aug 7, 2018
    ThunderStruck, jcf and Nook like this.
  20. A_3PO

    A_3PO Member

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    Agreed. Let's hope the generosity continues to grow.
     
    #20 A_3PO, Aug 7, 2018
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