The tax man is probably going to come to the fan who caught Jeter’s 3,000th hit

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You’ll recall that Christian Lopez, in exchange for giving Jeter back his 3,000th hit ball, got signed baseballs, bats, jerseys and, most significantly, Legends Suite tickets to the Yankees’ remaining home games and any playoff games this year. And that he did that instead of, you know, keeping the baseball, giving it to an auction house and then pocketing six figures for it.

Well, the New York Times broke out the calculator and talked to some tax experts in an effort to figure out how much that decision — as opposed to merely auctioning the thing off — might cost Mr. Lopez:

The tickets to the 32 remaining home games (after Sunday) have a combined face value of $44,800 to $73,600, according to the team’s Web site. The tickets could be worth a lot more if the Yankees play deep into October. Steven Bandini, a tax partner at the accounting firm Zapken & Loeb, said that if the items were valued modestly at $50,000, they would probably carry a tax burden of about $14,000.

Another tax guy the Times spoke to believed that these things could be characterized as gifts instead of prizes, in which case he wouldn’t have to pay taxes on them.  I’d certainly argue for that if I were Lopez, but if that doesn’t fly, he is at least thinking about how to deal with the taxes:

Mr. Lopez said if he had to pay taxes, he hoped he could borrow from his parents rather than sell his memorabilia.

That sound you hear is me repeatedly smacking my palm to my head. A little bit of it is also my heart breaking for this kid, but it’s mostly face-palming.

There is a suggestion toward the end of the article that the Yankees could perhaps step up and pay Lopez’s tax liabilities here. I’m not sure if that, in and of itself, would be taxable, so if you know accountants and/or tax lawyers, please chime in.

That’s all I got right now. If you need me, I’ll be busy contemplating the fungibility of cash, and wondering why more people don’t quite get this.

Royals outfielder Gordon to retire after 14 seasons

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Kansas City Royals outfielder Alex Gordon, the former first-round pick whose rollercoaster career took him from near bust to All-Star and Gold Glove winner, announced Thursday he will retire after the season.

Gordon was the second overall pick in the 2005 first-year player draft following a standout career at Nebraska, where he won the Golden Spikes Award as the best amateur in baseball. He made his big league debut two years later and, after a few years shuttling back and forth to the minors, moved from third base to the outfield and finally found success.

He wound up playing his entire 14-year career in Kansas City, joining only George Brett and Frank White as position players with that much longevity with the franchise. He heads into a weekend four-game series against Detroit with the third-most walks (682), fourth-most homers (190), fifth-most doubles (357) and sixth-most games played (1,749) in club history.

The three-time All-Star also holds the dubious distinction of being the Royals’ career leader in getting hit by pitches.

While he never quite hit with the kind of average the Royals hoped he would, Gordon did through sheer grit turn himself into one of the best defensive players in the game. He is the only outfielder to earn seven Gold Gloves in a nine-year span, a number that trails only White’s eight for the most in franchise history, and there are enough replays of him crashing into the outfield wall at Kauffman Stadium or throwing out a runner at the plate to run for hours.

Gordon won the first of three defensive player of the year awards in 2014, when he helped Kansas City return to the World Series for the first time since its 1985 championship. The Royals wound up losing to the Giants in a seven-game thriller, but they returned to the Fall Classic the following year and beat the Mets in five games to win the World Series.

It was during the 2015 that Gordon hit one of the iconic homers in Royals history. His tying shot off Mets closer Jeurys Familia in Game 1 forced extra innings, and the Royals won in 14 to set the tone for the rest of the World Series.

Gordon signed a one-year contract to return this season, and he never considered opting out when the coronavirus pandemic caused spring training to be halted and forced Major League Baseball to play a dramatically reduced 60-game schedule.

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