The twenty-one year old who caught Barry Bonds 756th home-run ball is finacially being forced to auction the ball off. It sounds weird to say that even if he wanted to keep the ball he, wasn’t rich enough to. Sound funny, let me explain. The ball is considered an asset worth at minimum 500,000 dollars. Matt has to start paying taxes on that asset immediately. He is not finacially able to keep a ball that he caught at a baseball game, not able to afford a ball of string covered with leather. It’s an odd little world we live in.
Barry Bonds Ball and the Strings Attatched
August 22nd, 2007 · 2 Comments
Tags: baseball
2 responses so far ↓
dk // Aug 22, 2007 at 2:00 am
That seems grossly unAmerican. I am sure Benjiman Franklin would smack the IRS with his cane if he heard about that. It is counter to the very intention of the original American Revolution.
Mark // Aug 22, 2007 at 9:16 am
I thought initially the plan was to pretend he didn’t have an interest in selling in order to drive up the price - ahh, Capitalism! It still could be. I think the IRS wrinkle is one he will never have to face, but you’re right, it’s absurd. But so is most of this. Barry Bonds trying to be a hero for using drugs to enhance his performance is absurd. Major League Baseball, and Bud Selig in particular, looking the other way while Bonds, Sosa, Palmiero, McGwire and others “brought the game back” after the last strike, only to now ignore Bonds’ “achievement” is absurd./ The fact Bonds has hired a lawyer to sue people who trash him - like Curt Schilling - for using drugs is absurd. Any court system that would even consider such lawsuits is absurd. Then you add our government into the mix, probably charging a college kid thousands in taxes for catching a baseball is extortion and also absurd. Ain’t America grand?!
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