Tag Archives: buried-the-lede

LeBronomics: Could High Taxes Influence James’ Team Decision?

While sports reporters have sought agents and teammates for the inside scoop on where NBA superstar free agent LeBron James will sign, there’s another person who may know The King’s next move: his accountant. In a  July 1 blog post , the New York Post warned that “dysfunctional lawmakers in Albany” could cost the state a chance to bring the coveted athlete to New York. “If  LeBron James  goes to the Miami Heat instead of the [New York] Knicks, blame our dysfunctional lawmakers in Albany, who have saddled top-earning New Yorkers with the highest state and city income taxes in the nation, soon to be 12.85 percent on top of the IRS bite,” the Post said. The tax savings for James in Miami over New York City would be staggering, according to the Post’s analysis. “On a five-year contract worth $96 million — what he’d get from the Knicks or the Heat — LeBron would pay $12.34 million in New York taxes.” Florida has no state income tax. New Jersey and Ohio, the other reported frontrunners to attract James, also have state income taxes, but they are not as his as in New York. Based on a $96 million contract, James would pay  $5.69 million in state taxes  if he re-signed with the Cleveland Cavaliers. If he signed with the New Jersey Nets, James would pay $ 10.32 million in state taxes . The New York Post isn’t the only media outlet using “LeBronomics.” In her  July 8 EconWatch  post, CBSNews.com’s Jill Schlesinger dubbed yesterday’s market rally “The LeBron James rally.” Robert Schoenberger and Teresa Dixon Murray of the Cleveland Plain-Dealer estimated that downtown Cleveland businesses will lose $48 million  over the course of the NBA season without James. Like this article?   Sign up  for “The Balance Sheet,” BMI’s weekly e-mail newsletter.

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LeBronomics: Could High Taxes Influence James’ Team Decision?

AP’s Bauder: CNN’s Nasr Fired for Praising ‘Inspiration’ for ‘Hezbollah Militant Movement’

Reporting on CNN’s firing of Octavia Nasr, AP’s David Bauder buried the lede in his 7-paragraph July 8 story. Here’s Bauder’s fourth paragraph wherein he described the Lebanese cleric that Nasr had praised as “[o]ne of Hezbollah’s giants [she] respects a lot” (emphasis mine): Lebanon’s Grand Ayatollah Mohammed Hussein Fadlallah died Sunday after a long illness. He was staunchly anti-American and linked to bombings that killed more than 260 Americans , a charge he denied.  Here’s Bauder’s lead paragraph: NEW YORK — Octavia Nasr has been fired. CNN fired the editor responsible for Middle Eastern coverage after she posted a note   on Twitter expressing admiration for a late Lebanese cleric considered an inspiration for the Hezbollah militant movement.  Wouldn’t a better lede incorporate elements of the fourth paragraph? Something like: Octavia Nasr has been fired. CNN fired the editor responsible for Middle Eastern coverage after she posted a note on Twitter expressing admiration for late Lebanese cleric who has been linked to bombings that have killed more than 260 Americans. Although Hezbollah is on the U.S. State Department’s list of terrorist organizations — listed as ” Hizballah (Party of God) ” — the only place the word “terrorist” appears in Bauder’s piece is in the final paragraph and even that is in a quote by Nasr herself, apologizing for her offending tweet: She [Nasr] wrote that Fadlallah was “revered across borders yet designated a terrorist. Not the kind of life to be commenting about in a brief tweet. It’s something I deeply regret.” But [CNN senior vice president for international newsgathering Parisa] Khosravi said in a memo Wednesday that she spoke with Nasr and “we have decided that she will be leaving the company.” 

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AP’s Bauder: CNN’s Nasr Fired for Praising ‘Inspiration’ for ‘Hezbollah Militant Movement’