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Old 01-19-2020, 02:36 PM
lumberjack lumberjack is offline
Mic.hael Mu.mby
 
Join Date: Apr 2018
Posts: 198
Default re.Glory

Here's what Ritter told Mike Shannon: "I don't remember how much each [subject] got...but it was something like 10, 15, 20,000 dollars.....Even when they died, we had written documents as to who was to get their share in the future."

This went on until, as Ritter said, the bookkeeping got to be too much. He eventually bought out everybody for $500 for their share. This would have been around 1987.

Ritter did not take anything from the project as it would have created tax problems for him. He was pretty well off and certainly in better shape than the retired players.
lumberjack
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