22Apr
0

Tax season (round one) just came to a close, but before you start complaining about how little you got back or how much you had to pay, consider the stressful lives of the rich and famous. pro athletes

For pro athletes, just like anyone else, how much you pay in taxes depends on how much you make. However, the average sum paid by the top players is $1 million apiece in taxes every year. Fields of Green, a project of USA Today, undertook the daunting task of figuring out just how much the likes of Tiger Woods pay each year.

Check out the totals

According to the Fields of Green report, members of the NBA, MLB, and NFL pay, altogether, about $3 billion in taxes each year, if their 2013 returns are to be believed.

For comparison, consider that the IRS took in $2.5 trillion in total income taxes for 2013. It’s estimated that total salaries for pro athletes are around $9 billion.

Of course, the majority of pro athletes fall into the highest tax bracket, which means they’re required to pony up 39.6 percent of their income. They get an additional 0.9 percent tacked on to help out with the Affordable Care Act, but their average deductions (such as all those travel expenses) only cut their total percentage to about 33 percent.

How accurate is this figure?

How accurate is any figure that has the IRS involved, no matter which side of the table you’re on? Of course there are some cream-of-the-crop athletes who really make the most of those endorsements, and they’re probably paying more than a million each.

There are those with the best CPAs who get every possible deduction and are probably paying a bit less. Plus, once you add state taxes to the mix, things get more complicated.

States such as Texas and Florida, which have no state income tax, are the places to be, and that’s a key recruiting point. That’s probably the reason Tiger Woods “moved” to Florida from California, since California is notorious for high state taxes.

Even Phil Mickelson has joked that taxes could make him leave California. You may not feel too bad for them, but no matter how much or little you make, you have to have some empathy for Americans who are required to shell out more than 40 percent of what they make to Uncle Sam.

Maybe celebrities and athletes aren’t so different from regular folks after all. Usually, teams only withhold 25 percent of checks for taxes, so if athletes aren’t on top of things, they might be scrambling come April, like the rest of us.

Taxes might also be a reason why so many athletes are cleaning up their online image, compliments of great but costly advertising, so they can score an endorsement to help them with those heavy dues.

11Mar
0

Although the American economy has been in a downturned state for several years now, conditions appear to be getting better overall as time passes. One possible sign that things are getting better is that several cities are now preparing to build new stadiums for professional sports teams, such as those who play football and baseball.

Those new stadiums will boost construction, create jobs, revitalize urban areas, and bring further development opportunities.

Eyesores get removed

When people think of stadiums, they may often envision a domed facility that’s an eyesore, to be honest. Fans can grow weary of gathering in an aging structure where cracks are apparent and paint is peeling off the walls and columns.

Not just the condition of a building but acceptable styles change as time progresses. What was acceptable at one time is no longer the case. Older stadiums may waste a huge amount of energy and water, for example, since many were built in a time when conservation was not a priority.

Back in the day, bathrooms for women were generally constructed the same as for men. It’s different today, as more facilities are being designed to include a greater number of restroom opportunities for women. Low-pressure water facilities also incorporate the more recent interest in conservation.

Old and new jobs

When developers and metro areas decide to create a new stadium, many great things occur. One of the best is that people are put back to work. Contractors assemble teams to prepare bids in order to destroy the old stadium and build a new one.

It takes experienced teams and project managers to ensure that the bidding process proceeds fairly and correctly. When a company wins the bid, it’s vital that veteran leadership and experienced workers are placed on the job to ensure that everything goes well.

New workers are needed too, since it’s a monumental job to tear down an old but massive structure and build a new one. When a contractor wins the bid, many contracts today include language that dictates that a substantial percentage of local workers will be part of the workforce.

Success realized

It goes without saying that construction is a messy process, but it’s worth it. The finished product can be a catalyst for other revitalization projects in a city. These can include restaurants and parks near a stadium.

Many neighborhoods and regions across the country have experienced a leap in activity, new buildings and commercial tenants, and an uptick in property values as the result of a stadium that was built nearby. Populous.com has published information concerning this type of revitalization.

The new stadium structure itself can be a work of beauty that draws people to the city. Over time, locals will become not just comfortable with but proud of the building that was constructed by the hands of people in the community. It can be a place that hosts conventions and other sporting activities and events.

Construction costs money, but the results can be amazing. The city looks better, and people are put back to work. Since a stadium lasts for many years, the investment can pay off massively, certainly in comparison to not building one.

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03Feb
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Half time shows are like the pickled ginger of major sporting events. A gridiron palate cleanser. Some might consider them a distraction, but when they’re done well, or scandalously, they’re often spoken about more than the game itself. Pepsi thinks it’s unfair, however, that only sporting events get halftime shows and have decided to remedy the situation with a Grammy halftime show of their own. Hall of famers Deion Sanders, Jerry Bradshaw and Shannon Sharpe break down the conventions of a typical halftime show like a… well, like Mike Ditka riding on a football shaped wrecking ball. It also begs the question, if it’s possible to insert a halftime show into a music awards show like the Grammy’s, what happens when it’s the Espy’s? Paradox!

15Jan
0

The 2014 Winter Olympic Games, starting Feb. 7 in Sochi, Russia, will feature their fair share of extreme sports. Skiing, bobsledding, luge and snowboarding will excite both audiences and athletes as these trained competitors challenge themselves with risky sports.

The Olympics also can motivate others to try new sports and hobbies. Beware, though, that what you see on TV isn’t always something you should try at home without some training. Here are three tips for when you’re ready to get into more extreme sports.

Learn the basics

In order to participate in an extreme sport and reduce the risk of injury or failing, be sure to understand the basics. If you try to rush into doing tricks before you are physically and mentally prepared, it could result in injury. Understanding the event and the physics involved can help you succeed.

Join a club

It may be difficult to get into an extreme sport without knowing anyone who personally participates. Finding a local organization that participates in skiing trips or snowboarding runs can help get your foot in the door. These clubs are usually run by semi-professionals who can offer advice on gear to purchase, places to go, and technique on how to get started doing tricks if you already have the basics down.

Finding those that are like-minded and want to be better at a sport can help with the motivation to stick with it, even though it may be difficult or discouraging after watching the professionals.

Use the correct equipment

By researching the sport, going out and trying it yourself, and getting advice from members on the slopes or in your club, you will learn more about how to choose the equipment that is better for you. Whether you are renting or purchasing, the right gear will fit properly. It also needs to be for the correct gender – sizes will be different for men and women.

By following these tips, you can get yourself out in groups that will motivate you and offer advice on how to improve yourself without injury. By using the correct equipment and proper knowledge, your extreme sport can turn into a lasting hobby.

10Jan
0

CrossFit has become incredibly popular in the last few years.  I’ve seen patients who’ve despised exercise, turn into avid gym addicts.  I think it’s great that people are getting more involved in exercise and fitness, and I love the group aspect of CrossFit.  Let’s face it, it’s easier to get motivated when you always have friends around pushing you to reach new fitness goals.  However, when partaking in physical activity there is always the chance of injury.  One of the most common areas at risk is the shoulder.

As a Sports Chiropractor in NYC, I have the opportunity to evaluate and treat many CrossFitters, from newbies to the ultra-competitive level.  Some common shoulders conditions I have seen are bicipital tendonitis, rotator-cuff syndromes, labral tears, frozen shoulder (adhesive capsulitis), separated shoulders, and impingement syndrome.

There are many factors that may be contribute to shoulder injuries.  The exercises themselves may not be the primary cause.  Poor form is definitely a factor, however previous injury at the shoulder may increase your risk as well.  With prior injury, there may be residual loss of shoulder mobility that you might not be aware of. Gradual loss of shoulder mobility is very common, not only because of old injuries, but also from everyday activities.

 Poor posture and improper ergonomics can lead to chronic overuse injuries.  Computer and smart phone use has the tendency to place us in poor positions throughout the day, leading to consistent micro-injuries at the shoulders.   In the absence of obvious injury, you may not realize that you may be gradually losing shoulder mobility; then one day you decide to get involved with a new exercise program like CrossFit, and you wind up with an injury.

Here is a simple test you can perform to see if you have lost mobility at your shoulders.

(Before you start any new exercise routine, it’s strongly encouraged that you get evaluated by a licensed medical professional, this test is not intended to replace the medical advice of a professional, nor does it clear you for exercise)

Apley’s Scratch Test:

Upper Test: With one arm, reach over your head, bend at the elbow and try to touch to the top of your opposite shoulder blade (perform on both sides).

Note if there is any difficulty with this movement.  Is it symmetrical when comparing both sides? Do you experience pain or stiffness?

Lower Test: Reach behind your back, bend at the elbow, and with your index finger try to touch the lower portion of your opposite shoulder blade.

Note the difficulty of this movement, and symmetry again.  Do you experience pain or stiffness?

If you find either of these tests difficult, or they elicited pain or stiffness, your likelihood of sustaining injury at your shoulder is greater.  Contact a local sports chiropractor, physical therapist or orthopedist and have your shoulder evaluated.  It’s better to be proactive and prehab a problem, than sustaining an injury and have to go through months of rehabilitative therapy.

If you have any questions, or you’d like to learn more about health-related topics, please visit http://www.parkavenuespine.com/programs/competitive-performance/.

Paul M. Salinas, D.C., C.C.S.P. is a New York City Doctor of Chiropractic.  He specializes in sports-related injuries, as is a full-body, master certified Active Release Techniques provider.

06Nov
0


A new legend in running shoes has been forged with the Springblade from adidas. These state of the art shoes are incredible, designed with the runner’s need for forward motion in mind. The shoe, loaded with 16 energy blades that return energy to the wearer, is the first of its kind. Learn more at adidas.com/Running.

09Jul
0
We all know Andre Agassi the tennis star, but what about Andre Agassi the man? Open Secret, a new webseries, chronicles tales from the man himself about those who have inspired him. Agassi’s brother, Phillip, and trainer Gil Reyes, have helped to support him and shape him into the man he is. Check out the rest of the inspirational series here.
31Jan
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Kaley Cuoco Toyota Super Bowl Ad

If the early YouTube numbers are any indication, Toyota has done well for itself for this year’s round of Super Bowl ads. The Ad Bowl, as nobody important calls it, pits some high dollar production costs and higher dollar spot purchases as companies try to take advantage of the most viewed yearly event in America.

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02Jan
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Red Bull

What do Motorcross, F1 Racing, skiing and outer space all have in common? Red Bull! Athletes have represented and performed phenomenal feats with Red Bull and continue to become more and more extreme and impressive as time moves forward. Check out the recap video showcasing the shocking and amazing, action packed athleticism that can be achieved with Red Bull.

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31Jul
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Matt Cassel K Swiss

In the latest installment documenting Kenny Powers’ tear through the world of sports attire as new CEO of K-Swiss, his newest marketing guru and NFL quarterback Matt Cassel puts out some pretty $%^#ing impressive slogan ideas. Read More

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