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clancynut

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Everything posted by clancynut

  1. I will be pretty upset if the Colts have this record and draft Andrew Luck!! I don't see the Bills matching 15-1 this year and even though we have Fitzpatrick passing on a once in a lifetime talent such as Luck would be the equivalent of drafting Sam Bowie. Bills Fans would Occupy One Bills Drive!! The Buddy is asleep jokes would be relentless!! There would be billboards all over WNY about how Ralph is cheap!! Not to mention how upset the teams that already beat the Colts this year would be about having to forfeit their wins!! I know the poster meant to post 1-15, just having a little fun. The way I look at it is, it took the Bills five games to win the same amount of games that it took sixteen to win last year. Since going 0-8 to start last year the Bills are now 8-5, this is a good team.
  2. Goodell did mention that he feels that Southern Ontario and WNY is all region. If that is the case could the NFL want to make sure the Bills remain where they are since there are approximately 15 million people between Toronto-Buffalo-Rochester? Quote:To us, it’s all one region,” said Goodell. “While western New Yorkers might not think of it that way, it’s helping make this market be successful here by bringing fans down from Southern Ontario. So we want to continue to encourage that.”
  3. Finally starting to some love from ESPN. From James Walker. How far can these no-name Bills go this season? If they play like they did Sunday, Buffalo will make the playoffs. But the Bills must shore up a porous defense if it wants to go much farther. My link
  4. Drank a Guiness during the first half and wore a Bills T Shirt. Forgot the Bills T Shirt last week Well done sir!!
  5. Classic. Billick did have a man crush on Vick the entire game.
  6. Is anyone else sick of Billick's Love Fest about Vick?
  7. Nice opening drive in response to the INT at the end of the first half!!
  8. Did MSG get a hold of FOX's HD feed again?
  9. Wait a minute are they sure that was a catch?
  10. If this the case I will owe you a beer my friend!!!
  11. Didn't Robert Wegman pass his assets (Wegmans Supermarkets) on to his children prior to his death, thereby eliminating them from paying an estate tax for now. I was wondering if Wilson were to divide up the Bills into a specific percentage for each of his heirs now while still alive and then sell the team would the capital gains taxes be much lower than the estate tax? This would appear to make sense on why the team might be sold prior to his death.
  12. At least the article links to why Buffalo is the perfect fit for the Bills.
  13. Thanks for that I also found this article on Reuters. "I don't think anybody in Congress realized this," said Michael Gooen, a tax and estate attorney at Lowenstein Sandler. The point is that not only will the $5 million estate-tax exemption ($10 million for a couple) remove the vast majority of formerly taxable estates from the estate tax, but rather that the higher gift-tax exclusion means that people with far larger estates than that -- think $50 million, $100 million, and up -- have the ability to shift assets out of their estates tax-free while they're alive. "You are going to see a flurry of estate planning," Gooen said. Could this be the reason for a possible sale now? Reuters Link
  14. I have to admit I was a Kelsay Hater for a while as well. I think he spent the initial part of the 2010 season learning a new position and now is performing quite well. He will be missed on Sunday.
  15. Hopefully this means there is a plan in place to keep the Bills in Buffalo for the long term. Maybe Ralph agreed to purchase price with a potential buyer to make things easier for his estate when he passes? Also to any tax experts out there, what would be the tax burden to his heirs if he were to sell the team now and divide the profits amongst those named in his estate now prior to his death P.S. Page 10!!!!
  16. This is all pure speculation, but I wonder if a scenario like this is unfolding. Ralph is a savvy businessman and he realizes that there is a large difference to his estate based on the tax percentages between the estate tax and capital gains tax. I am by no means a financial guru, so if I am wrong flame away. It appears that right now the estate tax is 35% compared to 15% for capital gains. Therefore if the team was to be sold for 750 million under the estate tax the bill would be 262 million compared to 112 million under the capital taxes saving his estate 150 million. With all the publicity being given to Warren Buffett about changing the tax code, the capital gains tax is bound to increase. I know that Wilson has stated, most recently in 2007, that the team will never be sold while he is alive, but having an additional 150 million for his heirs might make him change his mind. Could he have agreed to sell the team with the understanding he maintains day to day control as long as he is able?
  17. That's a great story thanks for sharing. Could you imagine the what media day would become 42 years ago?
  18. Is it Chad's fault he passed advanced coloring in Kindergarten, thereby making him ineligible to attend Canisius?
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