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New Rocket Toney Douglas was in the 1560 studio this morning

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by Clutch, Jul 27, 2012.

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  1. Clutch

    Clutch Administrator
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    #1 Clutch, Jul 27, 2012
  2. Clutch

    Clutch Administrator
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    +1 for honesty (7:30 mark on third clip):

    "Listen, it's ridiculous. When I was in New York, I was spending almost $4,000 a month in my living, and that doesn't include parking -- an extra $250 a month in parking. It's ridiculous. When I got here, I was so excited... I'm going to be saving so much money!"
     
    #2 Clutch, Jul 27, 2012
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  3. BowlingBaller

    BowlingBaller Member

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    Nice. Maybe he and Lin can get a studio apartment together and save a lot more.
     
    #3 BowlingBaller, Jul 27, 2012
  4. ShiniKashi

    ShiniKashi Member

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    Really like his attitude. Warming up to him.
     
    #4 ShiniKashi, Jul 27, 2012
  5. mollamar

    mollamar Contributing Member

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    Plus he'll save like 6.85% in state income tax and another 3.65% in city income tax.

    That is about $115K per year in salary he'll save, or about $10,000 per month.

    That would be the equivalent (@4% and 30 years) of the mortgage payment for a 2.1 million dollar house.
     
    #5 mollamar, Jul 27, 2012
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  6. ArtV

    ArtV Contributing Member

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    4000 a month? Was he living in Jersey?
     
    #6 ArtV, Jul 27, 2012
  7. roxxy

    roxxy Member

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    Thanks.
     
    #7 roxxy, Jul 27, 2012
  8. cjtaylorpt

    cjtaylorpt Member

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    Met him yesterday. He is a nice guy.
     
    #8 cjtaylorpt, Jul 27, 2012
  9. acshen

    acshen Contributing Member

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    It's not quite that simple a calculation. I think its proportioned by games & their location, so the tax benefit is only for the half he plays in TX
     
    #9 acshen, Jul 27, 2012
  10. Carl Herrera

    Carl Herrera Contributing Member

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    It is important for him since he will really need to turn around his game to get himself another NBA contract. Was a decent enough combo guard in his 1st two seasons, but last year was really bad.
     
    #10 Carl Herrera, Jul 27, 2012
    Last edited: Jul 27, 2012
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  11. DonnyMost

    DonnyMost be kind. be brave.
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    So we have a distinct advantage in recruiting role players and benchwarmers.

    [​IMG]
     
    #11 DonnyMost, Jul 27, 2012
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  12. tdogg310

    tdogg310 Member

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    to be honest, I really thought getting him was a moot point. This guy is super nice and seems like he is a hard worker. understands that he needs to earn his minutes, even on this young team. im down with Toney Douglas on this roster now. thanks clutch!!
     
    #12 tdogg310, Jul 27, 2012
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  13. CCorn

    CCorn Member

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    He doesn't even know his own age...
     
    #13 CCorn, Jul 27, 2012
  14. ArtV

    ArtV Contributing Member

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    Yep. If he plays in any tax free state, mo money. That is not true from some money grabbing states. If he was a Hawk, he'd have to pay GA state taxes for every game - even in TX.
     
    #14 ArtV, Jul 27, 2012
  15. roxxy

    roxxy Member

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    Yes Last year was really bad. Hopefully he can get back to contribute in some capacity.
     
    #15 roxxy, Jul 27, 2012
  16. Morey=Money

    Morey=Money Member

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    when you lay it out like that....HOLY @#%$:eek:
     
    #16 Morey=Money, Jul 27, 2012
  17. TheRealist137

    TheRealist137 Member

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    I'm surprised that an nba player is worried about spending 4000 a month...

    With his salary, he can easily handle that
     
    #17 TheRealist137, Jul 27, 2012
  18. pippendagimp

    pippendagimp Member

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    maybe instead of subbing in for lin, les should make him the backup GM
     
    #18 pippendagimp, Jul 27, 2012
  19. MystikArkitect

    MystikArkitect Member

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    Establishing good spending habits while in the NBA is going to work wonders for him after his NBA career is over. You'd be surprised how frugal real millionaires are.
     
    #19 MystikArkitect, Jul 27, 2012
  20. jaxwithanx

    jaxwithanx Member

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    Yes....because somehow the same advantage doesn't apply to all players in the NBA. If you are a star that comes to Houston, you have to inexplicably pay more money to live....and saving money is no longer an advantage.....................................

    Why saving money might not mean as much to superstars, the advantage remains. No matter what way you slice it.
     
    #20 jaxwithanx, Jul 27, 2012
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