Archive

5/7/11 More trouble for OSU

  • LJ
    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.
  • WebFire
    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.
  • dat dude
    Gibson paid $13,700 for his car:

    http://www.dispatch.com/live/content/local_news/stories/2011/05/11/older-title-shows-player-paid-13700-for-his-car.html?sid=101
  • OneBuckeye
    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?
  • LJ
    OneBuckeye;764851 wrote: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?

    Like I said, most likely going to end up being a fraud issue.
  • Commander of Awesome
    Looking forward to Crynasty repeating something "interesting" he heard on the radio today about this. /sarcasm.
  • vball10set
    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:
  • FatHobbit
    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. :)
  • Writerbuckeye

    And yet somehow the Dispatch reporter missed this "minor" nugget when putting the story together.

    Someone should be unemployed.
  • OneBuckeye
    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.
  • thedynasty1998
    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.
  • WebFire

    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.
  • ts1227
    ESPN also has the story of the car being paid for on their page now
  • LJ
    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
  • sleeper
    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.
  • sleeper
    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.
  • OneBuckeye
    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.
  • jordo212000
    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
  • vball10set
    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
  • karen lotz
    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.
  • thedynasty1998
    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.
  • OneBuckeye
    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...
  • karen lotz
    OneBuckeye;764995 wrote: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...

    http://www.kbb.com/used-cars/chrysler/300/2007/retail-value/pricing-report?id=347151&condition=excellent&mileage=13000
  • OneBuckeye

    You must have put a higher trim than I did.

    http://beta.kbb.com/chrysler/300/2007-chrysler-300/sedan-4d/?vehicleid=83603&intent=buy-used&mileage=13000&pricetype=retail
  • karen lotz

    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.