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the phantom · 06-15-2012, 05:07 PM

Pay-Out Numbers Announced, Luxury Tax & New Minimum For 2013
The Phantom, MESPN News

After analyzing the revenue from television, tickets, merchandise, etc. thus far the Arda Cup Finance Committee has solid enough expectations to announce the pay-outs for this year’s Arda Cup.

Eliminated in Groups = 60 million
Eliminated in Round 1 = 80 million
Quarterfinalists = 95 million
Fourth Place = 115 million
Third Place = 120 million
Second Place = 130 million
First Place = 140 million

These numbers were met with mixed reactions throughout Arda. Some were horrified by the lowest number, as it would potentially cripple expensive squads that didn’t produce, but those owners that seemed to expect lower totals and fielded cheaper than average squads from the start, notably Sauron, seemed quite pleased by the figures.

The spokesman for Arda Cup stated that the numbers could shift slightly in the coming years as teams adjusted to the new luxury tax and league minimum. A luxury tax will be imposed at 110 million, meaning that any dollar spent above that amount would have to be paid in double- once in salary and again to the league. The new league minimum will be 45 million.

06-15-2012, 05:07 PM	#136
the phantom Beloved Shadow Join Date: Jul 2002 Location: The Stadium Posts: 5,971	Pay-Out Numbers Announced, Luxury Tax & New Minimum For 2013 The Phantom, MESPN News After analyzing the revenue from television, tickets, merchandise, etc. thus far the Arda Cup Finance Committee has solid enough expectations to announce the pay-outs for this year’s Arda Cup. Eliminated in Groups = 60 million Eliminated in Round 1 = 80 million Quarterfinalists = 95 million Fourth Place = 115 million Third Place = 120 million Second Place = 130 million First Place = 140 million These numbers were met with mixed reactions throughout Arda. Some were horrified by the lowest number, as it would potentially cripple expensive squads that didn’t produce, but those owners that seemed to expect lower totals and fielded cheaper than average squads from the start, notably Sauron, seemed quite pleased by the figures. The spokesman for Arda Cup stated that the numbers could shift slightly in the coming years as teams adjusted to the new luxury tax and league minimum. A luxury tax will be imposed at 110 million, meaning that any dollar spent above that amount would have to be paid in double- once in salary and again to the league. The new league minimum will be 45 million. __________________ the phantom has posted. This thread is now important.