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Me and the Super Bowl Rings

Discussion in 'PatsFans.com - Patriots Fan Forum' started by raduray, Jun 9, 2019.

  1. raduray

    raduray PatsFans.com Supporter PatsFans.com Supporter

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    I had brunch with my nephew-in-law (is there such a thing?) who's a a Patriots scout and I got to try out his rings. He's been with the team three years and already has two.

    Interestingly, he has to declare them as income and pay income tax. Ouch!

    [​IMG]
     
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  2. borg

    borg PatsFans.com Supporter PatsFans.com Supporter

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    Very cool
    Did he disclose their “assessed” values?
     
  3. raduray

    raduray PatsFans.com Supporter PatsFans.com Supporter

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    I prefer not to disclose any details of our conversation, but you can get an idea by searching the web.
     
  4. Wheelman

    Wheelman Pro Bowl Player

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    Sorry to hear! That blows! Just almost makes you want to sell the ring to recoup the loss. You basically end up paying for the ring.
     
  5. PatsDeb

    PatsDeb PatsFans.com Supporter PatsFans.com Supporter

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    Very cool!
     
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  6. raduray

    raduray PatsFans.com Supporter PatsFans.com Supporter

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    No way he's selling those rings.
     
  7. Wheelman

    Wheelman Pro Bowl Player

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    I know. I wouldn't either. but you get my drift.
     
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  8. AlexB

    AlexB On the Game Day Roster

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    You end up paying for your value of the ring * your tax rate, not the whole value. Still sounds like a substantial amount of $.
     
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  9. Clonamery

    Clonamery PatsFans.com Supporter PatsFans.com Supporter

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    I’d be calling him my nephew-in-love-with-you-bro!
     
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  10. Tunescribe

    Tunescribe PatsFans.com Supporter PatsFans.com Supporter

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    Thanks for sharing. Having to declare them as income doesn't seem fair at all -- couldn't they just be considered gifts? Seems that's what they really are.
     
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  11. KontradictioN

    KontradictioN Florida Man PatsFans.com Supporter

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    Sounds like Massachusetts. That state would tax a fart right out of your ass if they could find a way to track farts.
     
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  12. Clonamery

    Clonamery PatsFans.com Supporter PatsFans.com Supporter

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    Just takes an aerosol can. (Hmm, maybe that’s why they banned ‘em.)
     
  13. IndianPat

    IndianPat Third String But Playing on Special Teams

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    I am speculating that the Patriots organizations will give a monetary bonus equivalent to 1/3rd value of the ring to all staff (non-players) who receive the rings. Towards tax relief.
    That aside, it would be so cool to receive those rings as a part of the organization.
    Does anybody know how many staff members have all six rings?
     
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  14. 1960Pats

    1960Pats PatsFans.com Supporter PatsFans.com Supporter

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    Then they'd start a new branch of the state government. The Mass Fart Tracking Authority, the MFTA, with access to state money but no accountability to taxpayers.
    Then there's the jobs;
    Director of Fart Tracking. DFT.
    Vice DFT
    Assistant DFT
    Senior DFT
    Senior Assistant DFT.
    It could go on forever.
     
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  15. PP2

    PP2 Pro Bowl Player

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  16. A Defiant Goose

    A Defiant Goose In the Starting Line-Up

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    The tax part ruined the entire feel good part of the post and just made me angry for the nephew in law
     
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  17. KontradictioN

    KontradictioN Florida Man PatsFans.com Supporter

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    We laugh but it might not be too far off with the way infrared cameras pick up gas. Soon we will be to a point where you make wind in the frozen foods section of the grocery store, a loud buzzer will sound, and a voice over the PA will announce that you’ve been fined 20 credits by the Commonwealth for flatulence like in “Demolition Man.”
     
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  18. One-Be-Lo

    One-Be-Lo PatsFans.com Supporter PatsFans.com Supporter

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    Director of Flatulence Expulsion Regulation... need to keep it professional.
     
  19. Hyped

    Hyped PatsFans.com Supporter PatsFans.com Supporter

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    Nah, that money would also then be taxed.....

    As for staff members who have six rings....here's who comes to mind:

    - Belichick (duh)
    - Ernie Adams
    - Dante Scarnechia
    - Ivan Fears
    - Berj Najaran (sp? BB's "assistant")


    That's off the top of my head...and I am not sure about McDaniels...he might have been an offensive assistant in 2001-2004 after graduating from John Carroll U?
     
  20. patchick

    patchick Moderatrix Staff Member PatsFans.com Supporter

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    A valuable "gift" from your employer = income. Otherwise a company could just pay in gold & diamonds instead of cash and no employees would owe any taxes.
     
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