[DoodleDawg]

This article says there’ll be no taxes because it’s a forced sale...

But only if Sterling turns around and invests the proceeds in a similar property. So he'd have to buy another sports team. And I don't see the owners in any other league approving his buying a team.

[taildragger]

But only if Sterling turns around and invests the proceeds in a similar property. So he'd have to buy another sports team. And I don't see the owners in any other league approving his buying a team.

Ah, the old 1031 / 1035 type exchanges normally reserved for annuities or homes, thanks for jogging the memory. I am curious what 10_ _ number this exchange is...