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by gnicholas
1153 days ago
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Just to be clear, this is not indentured servitude. If he somehow manages to pay back the multimillion dollar damages award that he owes them, he would be free and clear. This is more like a cap on how much of his salary will go toward paying off this debt. > With $14.5 million dollars in damages to his name, Bowser may have been released from prison, but the looming specter on Nintendo still stands tall. As Bowser explains in the above video, he will have to pay the company back on a monthly basis, sending “25-30%” of his gross monthly income to Nintendo. Since this is gross pay, he's not getting credit for taxes owing on the amount that he sends to Nintendo. It isn't clear how interest is calculated. Even a generously small interest rate would make it pretty hard to pay this back 3% would be over $400k per year, just for the interest. |
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> goes on to say how this guy is probably never going to pay the amount back
I don't get what you're saying here. This sure sounds like indentured servitude to me.