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Sutherland SALT's Andrew Appleby Discusses Tax Implications for Fan Who Caught Jeter's 3,000th Hit Ball

Sutherland SALT's Andrew Appleby was quoted in the The New York Times and appeared on Bloomberg TV's InBusiness with Margaret Brennan and WABC talk radio on July 12, addressing the poten

July 13, 2011

Sutherland SALT's Andrew Appleby was quoted in the The New York Times and appeared on Bloomberg TV's InBusiness with Margaret Brennan and WABC talk radio on July 12, addressing the potential tax implications for the fan who caught Derek Jeter's 3,000th hit. In exchange for returning the ball to Jeter, the Yankees gave the fan season tickets and signed merchandise. In the Times article, Andy opined, "There’s different ways the I.R.S. could try to characterize a ball caught by a fan in the stands...But when the Yankees give him all those things, it’s much more clear-cut that he owes taxes on what they give him.” Andy's colleagues, some of whom are Yankees fans, are suspicious that Andy's love of the Boston Red Sox may have colored his thinking...

Read the full article, "Returning Jeter’s Big Hit: No Good Deed Goes Untaxed (Perhaps)," from The New York Times.

Andy has been writing about the tax implications of record-setting baseballs since 2008. He published the award-winning law review article, "Ball Busters: How the IRS Should Tax Record-Setting Baseballs and Other Found Property under the Treasure Trove Regulation," in the Fall 2008 Vermont Law Review.

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