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Speaker 1: Eight, five, three, three, six, seven, eight nine eight. Let

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your money work for you rather than you always working

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for your money.

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Speaker 2: At Vanderwealth dot com.

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Speaker 3: You are listening to ESPN the Fan. You're home of

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Utah Valley Athletics Stats. Let's talk about stats.

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Speaker 2: Ben Credal and.

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Speaker 3: His team of former players and insiders give you the

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latest stats, data and analytics that are trending in the

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world of Cougar sports stats.

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Speaker 1: Welcome Backruger Sports one of three nine ninety eight point

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Studios vanterwealth dot com. Get on a free Q and

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Speaker 2: A part of their service.

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you can access their in house CPA team. It's a

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great way to experience the true tax more wealth manage

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services of Banterwealth. Banterwealth dot com. I want to talk

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about stats. It's always brought to you by banter Wealth.

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I want to get into this NBA BYU basketball stat

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of the day. This is from Jeremy wu a Western

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Conference GM Jeremy Woo and NBA Insider discussing the NBA

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Draft at Western Conference GM on why this is a

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quote on why AJ to Bonsa is the favorite for

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going number one, number one, number UNO overall in the

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NBA Draft. Remember we're talking about Darren Peterson versus AJ

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versus maybe Cam Boozer. I mean there's been talk mostly

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of AJ versus DNP. DMP was the favorite. It was

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like early on in the college basketball season, but not

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so fast. AJ rises the number one. Why is that?

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This is what the GM had to say about AJ.

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I guess you'd rather fail with AJ and his upside

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than not. And I know Peterson has upside, Maybe Boozer's

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upside is a little bit less. I just think that AJ,

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because he's six' nine and he could be like six,'

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ten two hundred and thirty pounds by the time he's

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twenty five.

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Speaker 2: Years old he could just be.

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Speaker 1: A monster i think You've got you've just got to

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go down swinging.

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Speaker 2: With him if you, go down let's.

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Speaker 1: Welcome in some of our our statisticians today are men.

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Of metrics, ARE numbers? I believe do We got joe

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on the line right Now or?

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Speaker 2: Blaine trade?

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Speaker 1: All right we Got Both blaine Anderson And joe holloway on.

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The line We Have financial ADVISOR and Cpa. At, vanderwelt

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gentleman how the heck?

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Speaker 2: Are? You, guys hey we're.

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Speaker 4: Doing great we're. Doing great you got Your tex smart. Duo,

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here man it's good to be.

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Speaker 2: With you let's.

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Speaker 1: Go well the right thing to do, RIGHT now i

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think would be to Invest in Aj to bonsa as,

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number one as the number one. OVERALL pick i think

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he's got a little bit of that dog.

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Speaker 2: In him he does the. Lonely work he's a.

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Speaker 1: Good teammate, HE actually, i mean he distributed the ball

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much Better Than darren peterson. THIS year i, FELT like,

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i mean he's the leading score OF The NC double

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a at twenty five point five points. Per game it

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seems like the ride investment would be to go down

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with h go down SWINGING with aj and his upside, Your, thoughts.

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Speaker 4: Hey Man i'm i'm right there. WITH you i know throughout.

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The year there's a lot of Talk About darren peterson Out,

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of kansas and then even even one Of The. BOOZER

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boys i CAN'T say i know, which one but of

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course being, out west BEING a, BYU guy I. Like

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Aj then i'd go with one Of The boozer boys.

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After THAT but I Think darren peterson has fallen off

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and isn't in that same conversation as he. Once was

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it certainly might might take. OUT it I.

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Speaker 1: Love aj the probability Of the jazz by, the way

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to get the number one overall pick.

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Speaker 2: Is ten and a.

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Speaker 1: Half percent not a, great uh not a great. NUMBER

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there i think they're like fourth, in probability, you know for.

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Speaker 2: The Lottery, so joe that's not a.

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Speaker 1: Great problem, but hey the jazz fan base does pretty

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well with, ten percent.

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Speaker 5: Don't, THEY yeah i was gonna say that fits. Perfectly

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right we need to figure Out What ryan smith's lucky,

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charm is, you know to take to the, lottery.

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Speaker 2: Pick no doubt, About it so a ten. Percent chance

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look check this.

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Speaker 1: Out too Agent de bonsa recently talked about his decision,

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to play to stay in college or to go TO

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The nba Today On Yahoo sports daily check. This out

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so they asked, the question you're looking forward a. Little

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bit have you made any decision about what is NEXT

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for aj? To BONDSAY and, aj, SAID no, I haven't

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And so i'm gonna get your buying or selling reaction.

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Speaker 2: To, THIS no.

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Speaker 1: I haven't i haven't talked to. My mom she's actually,

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not HERE so i haven't talked. To her they follow

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up and, they say what goes into that.

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Speaker 2: Decision for you whether to go TO the nba or STAY.

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AT byu, aj says it's her whatever. She chooses has

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it always been? That case?

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Speaker 1: THEY respond, aj, Says yeah she's pretty much been making

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all the decisions in life. For me she DECIDED where

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i went to. High school she CONFIRMED that byu was good.

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For me, and, then so what are some of the

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pros and cons that have been you've been dealing with

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of either coming back to school or declaring for? THE

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draft aj says pros and cause there are no pros,

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AND cons i didn't make.

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Speaker 2: A decision, i mean it's a really.

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Speaker 1: Funny, Conversation anyway the LIKELIHOOD of aj coming back is

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probably less than. Ten percent but, YOU know i think

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it's INTERESTING that aj is fielding these questions and not,

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being declarative he is potentially if he was to not

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go TO. The, NBA right i don't know what type

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of nil valuation that he, would RECEIVE but i mean,

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THIS year, i think is nil valuation somewhere between four

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point two and four point FOUR million mba contract is,

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you know this next year probably be around like, thirteen

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million and that that that, that, scales right it goes

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to like fourteen and then like sixteen and it, you

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know over a four, year period it's something around sixty

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million that he'd.

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Speaker 2: Be making is there? A?

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Speaker 1: Debate right, YOU know i was having this debate with

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my brother and some of my other family members, earlier today,

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is like is there A debate w TWO versus w

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nine kind of ten ninety? Nine income like the pros

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and cons? Of both because you go TO, the NBA

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your w two half of that fourteen million that you're

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getting now that's Going To. Uncle, sam right let's talk

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about tax smart wealth? Advantages here, well, yeah Well and

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i'll go ahead BLAME but i, would say first, of all, You,

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know ben it sounds.

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Speaker 5: Like we actually need to get the mom an nil

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package is what really needs.

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Speaker 2: To, happen, yeah.

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Speaker 5: Yeah exactly we need to line up, those sponsors, you

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know is, it persons, make up, you know whatever. It

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is we need to get that. Lined up, but no you're,

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exactly right and you touched on a very interesting point.

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In that just, you know athletes, these days college athletes

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getting ten ninety nine from sponsorship deals and things. Like

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that whole different ballgame in terms of how, it's packed

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and so, you know running, an analysis you know there

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might be some, comparative advantages and you know they really

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need to think about the financial aspects like that so

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that they have plenty to, Invest, Right.

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Speaker 4: Blake, well. Yeah Totally and i'll tell you working ON

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the nflpa side, of thing being a, REGISTERED advisor i

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see what a lot of the rookie contracts, look Like

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and i'll, tell, you, yeah definitely AJ's in a. Different,

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realm yes being a top pick makes a, big difference

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but the nil component is. CERTAINLY real a lot of

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these guys do end up setting up their. Own LLCs

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they got, marketing gigs they've got ten, ninety nine and

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really the truth is they play in both spaces ON

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the w two and in the ten. Ninety nine but

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let me. Just mention one thing that comes to MIND,

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WITH aj i, would say in, most, cases yes ninety

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nine percent probabilities going TO, the nba we're not going

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to see. Them anymore and that would be the case with.

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Most people but the only REASON why i Say, with

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aj there may be, a chance maybe it's still only

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like ten percent or a little bit more that he

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stays is that he CAME to byu in the. First

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place that shows that. He's different, and hey if it's

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mom in the background that's given him a, little nudge

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given him, Some, PUSH hey I know i can rely on.

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My mom she's been the best, for Me and i'm

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sure it's the SAME. For aj but there may be,

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a chance just because it was unlikely that he would

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a guy like him would COME to byu in the.

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First place so he's already shown it that he did,

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it once maybe he does.

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Speaker 1: It again are there ideal places to live in order

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to save money? On taxes i'm looking at like the probabilities,

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RIGHT Now Nba draft, Lottery, Odds, Washington, Brooklyn, Indiana. Sacramento

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utah those are the top five You, Have Dallas, New, Orleans, Memphis,

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Chicago milwaukee golden state in the.

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Speaker 2: Great State, Of, California, Portland.

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Speaker 1: MIAMI orlando i think orlandoly has like a point five

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percent chance of. Getting it but, THEN again I. Think

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dallasallas dallas had like a point five percent chance of

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winning the lottery last year and They Got. Cooper flag

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is there an, IDEAL place i guess to play and

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maximize your your taxes or avoid your your your taxation

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if you're a major player in a in a in a,

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big LEAGUE, THE, NFL, nba nhl.

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Speaker 2: Et, cetera, Yeah Totally you're you're you're.

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Speaker 5: SPOT on, i mean you know when it comes to

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the draft and you're Looking at orlando and that, you

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know half a percent chance that could save you a ton. Of,

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Money right there's no state income Tax. For, florida yeah

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and so, you know from a, financial perspective you might

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be might be wanting something like that versus when you

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look at the athletes that Play, in california and so

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you want.

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Speaker 1: To be Drafted by orlando, right now you want to

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be Drafted to florida at Someplace.

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Speaker 2: IN florida i want.

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Speaker 5: To want to face. The money, That's, right yeah let's.

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Speaker 2: Do it that's. THAT'S awesome i love, it guys.

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Speaker 1: Real, Quick uh Joe and blaine appreciate. You guys, join

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obviously let's talk a little bit about of what people.

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Don't realize how often do you see people maybe missing

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on tax smart wealth opportunities to save money on their

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taxes or to uh maybe just.

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Speaker 2: Avoid, taxation, Well.

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Speaker 5: Yeah i'll, go, Ahead, BLANK well i was just.

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Speaker 4: Going to save in a. Few things, this week we've

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been helping clients get some get a SET by, ri

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setup get, some contributions some tax deductible contributions for. LAST

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year i recently had a client whose daughter's going ON an.

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HXP trip a lot of people know these are some,

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charitable TRIPS and, i, said hey let's get a donor

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advice fund setup and make that payment so that you

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at least get a tax deduction in. Doing it and they, were,

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like wow they didn't even realize you could do something.

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Like that or we've got some highly, appreciated assets let's

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make your, charitable contribution or in our in, our world

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your typing payment through that not have to pay capital.

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Gains taxes these are all just things that have come

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up this week just. In planning we've looked at some real,

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estate investments some private real estate investments that have the

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tax advantages not only at the, investment level but also

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for the, investor level and how we do, IT so

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i would say it. Happens often maybe we see it

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a little more often, than most but these little things

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start stacking and adding up. Big time and those are

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some of the things that we do from our lens AS.

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A cfp, I, know joe you see some things FROM the.

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Cpa standpoint it's been a busy time a year, FOR

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you i know. As, well.

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Speaker 5: YEAH totally i mean we're coming up on those deadlines

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and we're seeing those things come, to coruition and, you

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know at this point for some folks it's a little,

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you know getting a little late to plan for. Twenty

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five but going forward as the key and blaying, you

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know touches on. IT exactly, i mean he talks about

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the tax benefits on the, investment side, and coordinating, you

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know with me and the tax team and accounting team

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to make sure that those are handled properly and followed

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up on and execute it in a way that makes

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sense is really what sets.

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Speaker 2: Us. APART joe i want to ask.

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Speaker 1: You this most people have their investment advisor in one

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in one place and their tax prepared. Somewhere else they

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don't really necessarily, correlate collaborate so decisions get made during

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the year that have. Tax consequences but Here. At betterwealth

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now you guys have combined forces and you guys have

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a fantastic deal going on.

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Speaker 2: Right now if.

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Speaker 1: You're an a credit and investor looking for, a smarter

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maybe coordinator approach, to finances if they're part Of the,

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vanderwill family then they can get tax preparation and filing

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as a part of the of your service handled by

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the IN house.

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Speaker 2: Cpa team tell us a little bit more. About, THAT

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yeah i.

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Speaker 5: Mean it's a huge benefit, for clients not only a

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vanderwillth to taking advantage that on the. Tax side and

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what we found is that, you know with, all clients

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JUST like i mentioned having, that collaboration, YOU know i

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waited it and maybe you can help me. Out THEN

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but i know you're a big, football GUY but i was,

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thinking about, you know the, football equivalent and, you know

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when you're, on defense if you're playing pressman, cover zero,

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you know on the corner and bring the, safeties up

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but your d line is not rushing, the passer you

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might have some. Problems downfield and so THAT'S what i

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kind of equated, it too is that you know you're making,

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the plans you're getting ready to execute, on them but

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you have to have that team. In place and so

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PLANNING and i working together provide. That opportunity and, right

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now like, you mentioned during, tax time we're working. With

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individuals if they come in and meet, with us we've

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been happy to take a look at their, tax return

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either for twenty five or going forward and give them

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the opportunity to incorporate that into their overall.

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Speaker 2: Wealth Plan blaine john in on this.

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Speaker 1: As well why is this an advantage to some of

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our listeners if they were to align.

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Speaker 2: With, vandorwealth.

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Speaker 4: Well when there's coordination with the tax professional as well

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as WITH, the cfp we look at things like, Roth

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conversions we talk about the, investment management when to sell,

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an investment when to buy. An investment one client, This

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week i'm working ALONGSIDE, their cpa which we love, that

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coordination but trying to move their income investments over to

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their qualified plan so that we can reduce their taxable income,

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this year especially as they start required minimum distributions And

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so i'm talking to, the client we've done a, tax

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analysis and then we email and LET their cpa know

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that way we can coordinate some roth conversions, this year

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and these are things that they want to do as

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part of their state planning and with their children and

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setting things up for the. Long term and it's just,

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that coordination especially the advanced planning looking out the windshield and,

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forward planning that makes a lot. Of difference and we're

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done as much of that right Now, in april getting

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ready for two four and getting ready for things down

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a year later in, the year but coordinating WITH their

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cpa and then of course we have OUR own cpa

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and in, house team and so, that coordination that communication.

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Is CRITICAL and I love. Joe's analogy, it's AWESOME but,

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i mean really it's let's have your your, offensive coordinator your,

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defensive coordinator your, head coach everybody on the, same page

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working together and making sure that we get some w's

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and and are winning on the field of finances. For clients, love.

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Speaker 1: It guys we'll always appreciate our time to gather and

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let's talk. About stats segment always wrought to You. By

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batterwealth Batterwealth Dot com ajabons has been the topic of

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the DAY and i can't wait to see where.

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Speaker 2: AJ goes i think, HE'S going i think he's going number.

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Speaker 1: ONE overall i think he's going TO the, nba Uh

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and i'm hoping fingers cross that he ends up As

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a utah.

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Speaker 2: Jazz, player guys.

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Speaker 1: Thanks so much for hopping on to discuss tax mort

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wealth advisement and aligning with YOUR internal cpa team.

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Speaker 2: As well thanks, So much Blaine. And joe.

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Speaker 4: Thanks joining.

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Speaker 2: The show, thank you, appreciate. You Guys great stuf