5/7/11 More trouble for OSU

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LJ's avatar

LJ

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16,351 posts
May 11, 2011 8:34 AM
Manhattan Buckeye;764784 wrote:What's the state issue? Is there a car (personal property) tax in Ohio, or is it a sales tax thing?

Sales tax. It's considered fraud. Ohio does audits all the time and people have to pay fees, penalties and the difference.
May 11, 2011 8:34am
W

WebFire

Go Bucks!

14,779 posts
May 11, 2011 8:40 AM
lhslep134;764779 wrote:
Lack of institutional control deals with the athletic department as a whole, not an individual sports. It's hilarious that people don't understand this. USC got hit with institutional control because of violations in football AND basketball.
This is true, but you can get hit with Lack of institutional control from the actions of just one sport/team.
May 11, 2011 8:40am
OneBuckeye's avatar

OneBuckeye

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May 11, 2011 9:42 AM
http://www.steelersdepot.com/2010/06/thaddeus-gibson-doug-worthington-contract-numbers/

Ok so Thad made 300k last year and got a 300k signing bonus and he is still making payments on the car? WTF?
May 11, 2011 9:42am
Commander of Awesome's avatar

Commander of Awesome

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23,151 posts
May 11, 2011 10:01 AM
Looking forward to Crynasty repeating something "interesting" he heard on the radio today about this. /sarcasm.
May 11, 2011 10:01am
V

vball10set

paying it forward

24,795 posts
May 11, 2011 10:58 AM
damn, with all the experts on here that "knows somebody who.." or has "a good friend that is close to the situation...", why doesn't the NCAA save itself millions of dollars and just let Ohio Chatter handle the investigation? :rolleyes:
May 11, 2011 10:58am
FatHobbit's avatar

FatHobbit

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8,651 posts
May 11, 2011 11:27 AM
vball10set;764908 wrote:damn, with all the experts on here that "knows somebody who.." or has "a good friend that is close to the situation...", why doesn't the NCAA save itself millions of dollars and just let Ohio Chatter handle the investigation? :rolleyes:

Only the haters. :)
May 11, 2011 11:27am
OneBuckeye's avatar

OneBuckeye

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May 11, 2011 11:47 AM
Writerbuckeye;764944 wrote:And yet somehow the Dispatch reporter missed this "minor" nugget when putting the story together.

Someone should be unemployed.

Agreed. But the dispatch is probably run by notre dame alum so they will just blame it on a bad report.
May 11, 2011 11:47am
thedynasty1998's avatar

thedynasty1998

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6,844 posts
May 11, 2011 11:52 AM
Writerbuckeye;764944 wrote:And yet somehow the Dispatch reporter missed this "minor" nugget when putting the story together.

Someone should be unemployed.

No kidding. Someone may seriously lose their job for missing this. Talk about a major detail.
May 11, 2011 11:52am
ts1227's avatar

ts1227

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12,319 posts
May 11, 2011 12:02 PM
ESPN also has the story of the car being paid for on their page now
May 11, 2011 12:02pm
LJ's avatar

LJ

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May 11, 2011 12:04 PM
WebFire;764968 wrote:FYI, that is waaaaaaaaaaaaaaaaaaay under the book price. It's like 24k NOW. New it was over $30k. Not saying it matters. Just an FYI.

There is nothing that says that is what he paid, all they have is a title with that # on it..... tax fraud.

I dunno why none of the news outlets won't report that.... oh yeah, makes it less of a story
May 11, 2011 12:04pm
sleeper's avatar

sleeper

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27,879 posts
May 11, 2011 12:05 PM
OneBuckeye;764957 wrote:Agreed. But the dispatch is probably run by notre dame alum so they will just take full responsibility for the bad report.

Fixed.
May 11, 2011 12:05pm
sleeper's avatar

sleeper

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May 11, 2011 12:06 PM
WebFire;764968 wrote:FYI, that is waaaaaaaaaaaaaaaaaaay under the book price. It's like 24k NOW. New it was over $30k. Not saying it matters. Just an FYI.

The car had been in an accident, significantly driving the price down because not many people want to try a car with that kind of history.

Keep hating, we'll keep winning.
May 11, 2011 12:06pm
OneBuckeye's avatar

OneBuckeye

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May 11, 2011 12:06 PM
WebFire;764968 wrote:FYI, that is waaaaaaaaaaaaaaaaaaay under the book price. It's like 24k NOW. New it was over $30k. Not saying it matters. Just an FYI.

It wasn't new it was a year old. He bought a 2007 model in 2007 with 13k on it. I bought a 2007 sebring in 2007 with 7k on it for about 12k. Now they aren't the same car but not that far off.
May 11, 2011 12:06pm
jordo212000's avatar

jordo212000

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10,664 posts
May 11, 2011 12:08 PM
It still makes me laugh that Thad Gibson claims he is still making payments. Not saying it isnt true, but it is definitely laughable. Dude, you made a ton of money last year! Pay off your car loan
May 11, 2011 12:08pm
V

vball10set

paying it forward

24,795 posts
May 11, 2011 12:09 PM
WebFire;764968 wrote:FYI, that is waaaaaaaaaaaaaaaaaaay under the book price. It's like 24k NOW. New it was over $30k. Not saying it matters. Just an FYI.

LOL--you're funny...FYI
May 11, 2011 12:09pm
karen lotz's avatar

karen lotz

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May 11, 2011 12:14 PM
OneBuckeye;764979 wrote:It wasn't new it was a year old. He bought a 2007 model in 2007 with 13k on it. I bought a 2007 sebring in 2007 with 7k on it for about 12k. Now they aren't the same car but not that far off.


I think you are misunderstanding what WebFire was saying. Right now, a 2007 Chrysler 300 with 13000 miles has a resale value of $24000.
May 11, 2011 12:14pm
thedynasty1998's avatar

thedynasty1998

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6,844 posts
May 11, 2011 12:18 PM
Maybe the car salesman was getting great rates from banks. Not crazy to think he would still be paying on it, if he had like a 3-4% rate. Not saying I buy this theory, but it would be one explanation.

Although I doubt Huntington was offering those rates on used cars, unless there were significant kickbacks.
May 11, 2011 12:18pm
OneBuckeye's avatar

OneBuckeye

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May 11, 2011 12:20 PM
karen lotz;764988 wrote:I think you are misunderstanding what WebFire was saying. Right now, a 2007 Chrysler 300 with 13000 miles has a resale value of $24000.

kbb right now is 18,600 on excellent rated car at Suggested retail price. Private party is 16,650. The thing we don't know is if he traded something in for it...
May 11, 2011 12:20pm
karen lotz's avatar

karen lotz

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May 11, 2011 12:28 PM

That link takes me to kbb's homepage. Only thing I did was select "300C" as the model because I thought I remembered seeing that's what the car was. If its not right, my bad.
May 11, 2011 12:28pm