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Kerriella
Member
08-10-2006
| Friday, August 11, 2006 - 1:12 pm
I didn't see anywhere that this topic had its own thread and I think as much as its been mentioned both in the house and on the boards it deserves it own thread. We have heard the HG mention many times about splitting the money and I just now watched the Boogie/Will youtube clip of them strategizing and again they were talking of splitting the money. What is up with this? I thought splitting the money was against the rules and even discussing it was taboo. How come BB is letting them get away with this? Don't get me wrong, I LOVE Will and nothing would make me happier than to see him pull off another win but it really takes something away from the game that deals are being made to split the money. If that's the case then why not just end the game at final 4 and say here is the check split 4 ways? If they do indeed split the money then there is actually no REAL winner of All Stars, just a 4 way split. Or am I wrong in feeling this way?
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Spear
Member
08-06-2001
| Friday, August 11, 2006 - 2:06 pm
Oh good, I wanted to ask about this, too. I believe the HGs have mentioned that it is against the rules but Will seems to think that they can work around the rules or they're not enforceable. (Of course it's not a small probability that Will is just lying!) No one knows exactly what this rule is that the HGs must have agreed to, but are there any legal experts who have an opinion as to whether Will is right or not? If they do find a way to split the prize, I'm also wondering about the tax implications. I think that if the winner splits the money by giving it as a gift to the others, the winner is obligated to pay gift tax -- in effect, the money being shared is taxed twice. On the other hand, if the winner gives the money as compensation for some worthless object (a shoe as Will suggests) or service, wouldn't the receiver have to pay tax on the "profit"? This is on top of the taxes that the winner has to pay for the entire amount. Either way, it seems like the shared money is taxed twice and the idea of sharing the money doesn't look very attractive. However, I'm sure there are accountants out there who know of better ways to split the money to minimize the impact of taxes. Any ideas?
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Willa
Member
08-03-2006
| Friday, August 11, 2006 - 2:15 pm
Here's what I dont get about it, and maybe someone can explain it to me: If Will & Boogie make deals with everyone in sequester to split the money, what is CT going to do when they win? My guess is CT would split it only between their own personal business ventures, and not with Janelle, Howie, Erika, James, and Danielle (these are the people I've heard that they have discussed "the big picture" with). But what will they do when someone they made a deal with wins? For example, if Erika wins, will they demand payment even though they wouldn't split it with Erika if THEY won? I just don't understand how they expect to get away with it after the show. Maybe someone else can explain to me?
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Rehtse
Member
08-17-2005
| Friday, August 11, 2006 - 4:28 pm
Assuming that the money can be split, if Boogie or Will win the money, they would have to split it with the people that they made a bargain with if there was consideration given to the winner. The bargaining losers would have a right to a portion of the money if they could show that there was an offer, that the offer was accepted, and that consideration was given in exchange for the offer. The bargaining losers would have to show that they detrimentally relied on the representation(s) made by the bargaining winner. If someone sees a weakness in my rationale, please correct me--it's been a while since I took contracts!
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Flossiebebe
Member
09-01-2005
| Friday, August 11, 2006 - 4:44 pm
I'm glad someone started this thread because I'd like to know how Will and Boogie get away with this too!! It's seems like that in order to get Will on the show the producers basically let him get away with almost everything. I know he's more entertaining than Whiney, Grumpy, Dopey and Boogie (howie's a special case) but are they that desperate?
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Cousin_jake
Member
07-04-2002
| Friday, August 11, 2006 - 4:47 pm
Will and Boogie might split it after whoever won it paid the taxes (After all, Will made a deal with the producers that he would go in only if Boogie was put in also so Boogie wouldn't even be there if not for Will) but I can't see anyone else doing it. Once you have the cheque in hand it's a simple "Sorry - I checked and that's against the rules." Remember last year when the Nerd Herd kept talking about splitting the money. Anyone bet that Maggie kept it for herself?
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Rehtse
Member
08-17-2005
| Friday, August 11, 2006 - 5:12 pm
I have not seen the rules, but if the rules do state that there is "no sharing" then that is it. If the rules are silent about this, then if someone makes a bargain and they act according to the bargain, I can see where they have an argument for receiving a part of the winnings either before or after taxes (although I am sure the one with the cash would want to split it before taxes although who knows what the IRS would say about that).
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Kerriella
Member
08-10-2006
| Friday, August 11, 2006 - 5:43 pm
If I remember correctly, in previous seasons as soon as anyone would mention splitting the money it would go to FOTH. Also I swear I remember people talking about how splitting the money was not allowed. But I could also be thinking of Survivor. What bugs me about this isn't so much that it is against the rules, because I think that if it was we would be seeing even more flames because of Will than we already do. What bothers me, and it could just be me, is that offering to split the money takes away from the game itself. Of course someone that would NEVER conceive of entering an alliance with someone else will consider it for $125k. Will is so charming and manipulative that he doesn't NEED to resort to these measures to get these people to do what he wants and I guess what really upsets me about it is that it is so beneath him. Splitting the money is something a desperate person would do to stay in the game and Will is anything but desperate. He has the whole house eating out of his hand.
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Lauram
Member
07-13-2000
| Sunday, August 13, 2006 - 3:06 pm
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