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Equity plans could compensate workers for increases in equity value

By Hicbd
Sat Jul 29 2023 11:30 am

"And while W2 comp for players is great, they still pay 40-50% tax on it. The big win for NBA players would be the creation of a phantom equity plan that allows the players to earn long term capital gains, during their playing time, on the increase in equity value of the franchises...You need a super sophisticated union to make this argument but I think the players deserve it."

URL:
https://twitter.com/chamath/status/1679935918164135936
https://www.sportspromedia.com/news/nba-players-team-equity-stake-michele-roberts/?zephr_sso_ott=oYmt7Q
https://www.bloomberg.com/news/articles/2023-05-04/hollywood-studios-say-they-offered-writers-a-97-million-raise

URL Credit


Categories:
Global Labor Rights Sports / Athletics Labor Wages / Compensation Labor Unions Entertainment Industry / Hollywood Film and Television Studios National Basketball Association (NBA)

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