Nine more years of LYB

Discussion in 'China Professional Players' started by pcll99, Dec 18, 2013.

  1. Justin L

    Justin L Regular Member

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  2. pcll99

    pcll99 Regular Member

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    I would rank importance in the following order for China:

    1. Olympics
    2. World Championship
    3. Asian Games
    4. TUC and Sudirman Cup
    5. All England
    6. Asian Badminton Championship
    7. SS Finals
    8. Other PSS events.
    9. Other SS Events.
    10. GPG events.

    Just my personal observations.
     
  3. Justin L

    Justin L Regular Member

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    Basically, I more or less agree with you except that the All England is in recent times, I'm afraid, regarded by CBA/LYB as just one of the many PSS/SS events in a year and does not have pride of place by itself.

    As for the GPGs, I think you can disregard its importance for CHN - it's more for their second tier and junior players to acquire experience and earn ranking points as needed. Seldom do we see CHN's elite players at GPG events.

    But I do sense that the CHN players themselves actually do want to win the All England. For example, when LXR won it last year she expressed at the post-match court-side interview that she was aware of its special significance in view of its long tradition and illustrious history. And Chen Long who won it this year beating Lee CW actually said at the post-match interview that the All England is widely regarded as a mini-WC of sorts and he was delighted to have gained such a victory.
     
  4. craigandy

    craigandy Regular Member

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    ok thanks for the info. Still not sure I get you. If your independent and raking in money you have to give away about half in tax, right?
    Are you saying for example LD has to give away 50% to the state/state body and then pay his tax aswell on the remaining 50%?
     
  5. yamsyams

    yamsyams Regular Member

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    It should be the number of titles won, regardless of the winner. 37 WC, 9 SC, 5 TC, 7 UC, 16 OG since 1994.
     
  6. Justin L

    Justin L Regular Member

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    Yes, it seems so in Lin Dan's case,i.e. he keeps 50% of it after giving 50% to the state and pays tax on it, for example.

    Whether you're a fully independent professional or not, your earnings/income (from salary,advertising,prize money,etc) are taxed accordingly, the amount depending on your tax bracket (say, 45% for monthly income 80,001 RMB and above); that's how I understood it. CMIIW.
     
  7. Justin L

    Justin L Regular Member

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    Sounds plausible. So, assuming your figures are correct, it's based on the total number of titles won regardless of the winners whether individual (for WC and OG) or team (for TUC and SC). Thanks, that should clarify it.

    Also noteworthy is that the Asian Games though important to CHN but being a regional rather than world event is discounted as far as LYB is concerned. Furthermore,just saying, if LYB had included the All England as well, he would probably, offhand, have reached or exceeded his target of 100 already.
     
  8. craigandy

    craigandy Regular Member

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    If that's the reality then that is steep, 50% to the "state" then taxed 45% (again to the state) on his remaining 50%. If however he is 50% tax covered then that is same same as everyone on LD's income.
     
  9. Justin L

    Justin L Regular Member

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    Apparently, the state considers advertising income as easy extra money as compared with tournament prize money for which the athlete has to slog his/her guts out and gets their well-deserved compensation whereas in advertising, for which any one athlete can have several sponsors at any one time, all he/she has to do is to act cute,cool or suave in addition to saying a few words to pose for at most an hour or two for the camera, in addition to the occasional obligatory commercial activities.

    Come to think of it, there is a fair bit of truth to it. Taking Lin Dan as an example again,during his almost a year break after the London Olympics and before his sterling WC comeback, Lin Dan was practically enjoying himself away from active competition hence zero tournament prize money, yet his advertising income from various product endorsements keep rolling in, pretty solid figures to boot compared with which the prize money is measly sum.

    Anyway, I can understand LYB's motivation for intending to propose that badminton players be allowed to keep all 100% of the advertising money, esp. when he has in mind their table tennis counterparts of whom he once said many of them are already capable of owning their own houses, let alone other more lucrative sports such as tennis.

    Luckily, badminton ranks as one of the top 3 sports in China,if I'm not wrong; still, LYB has to be mindful of other currently less popular sports, such as golf,snooker, swimming,even athletics, steadily gaining in popularity and contending for the same pool of athletes and sports enthusiasts so much so that he cannot rest easy but to constantly find ways to attract and retain more talents to badminton. Fighting for more advertising money for the badminton players is but one of the steps in the right direction,I suppose.
     
  10. pcll99

    pcll99 Regular Member

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    LYB needs money to run his team. He has trainers for strength, endurance, weight, etc. Nutritional specialists, physiotherapists, etc.

    Needless to say, he has hundreds of people on payroll.

    Lin Dan's 50% contribution is a big part of China National Team's source of income.

    If I remember correctly, LD's income for last year was over RMB 40 million.
     
  11. craigandy

    craigandy Regular Member

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    Lol, not sure the athletes view the demand on their time in the same way but I agree with you:D


    Ah is that the thinking. Thanks for insight.
     

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