WWE Champions General - Despite his claims, DSP is still spending thousands of dollars on the WWE Champions mobile game

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I said it once and I say it again: too bad Scopely isn't traded publicly. Otherrwise we should get some stock and then we could say that we literally own Phil
 
Balr0g said:
I said it once and I say it again: too bad Scopely isn't traded publicly. Otherrwise we should get some stock and then we could say that we literally own Phil
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-"Who is the shareholder of Scopely?"

-Savvy Games Group

-Savvy Games Group, a wholly owned subsidiary of Saudi Arabia's Public Investment Fund (PIF), acquired the company in July 2023 for $4.9 billion.


Phil giving money to the Saudi Princes.
 
Sicko Hunter said:
Is there anything really new to say?
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Phil continues to increase his spending, he's over $3k/month now in 2024. He's spent over $100,000 on WWE Champions now, by even conservative estimations.

I just wanted to note that. There's nothing else to add. Look up TJGamebox on Twitter if you want specific updates.
 
What do guys estimate Phil makes in a month if he's able to blow 3000 on gacha?
 
I'm not one to promote Doody's little youtube style business, but his breakdowns of Phil's monthly income seem to be pretty accurate. I think he said he expects one of the last couple months to be the first time Phil made under $10k.

He's going to really be struggling after taxes this year. Aren't his penalties increasing this year? Don't know much about that part. Just know his income is going down and his spending is going up.
 
GibMoneyPls said:
Aren't his penalties increasing this year? Don't know much about that part. Just know his income is going down and his spending is going up.
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TLDR is that his interest rate for his back tax payment plan going back to 2018 is only getting more expensive to kite, as the interest rates continue to climb.
 
BPD Gunt Rider said:
Phil continues to increase his spending, he's over $3k/month now in 2024. He's spent over $100,000 on WWE Champions now, by even conservative estimations.

I just wanted to note that. There's nothing else to add. Look up TJGamebox on Twitter if you want specific updates.
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he must be making more than he was before the bank leaks, or found new sources of credit.
 
Major said:
he must be making more than he was before the bank leaks
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He's (mostly) debt free. A large chunk of his income pre-begruptcy went towards minimum payments (credit cards, Connecticut condo, taxes. All of this can now be spent on jpegs. They also have a second income to manage the household.

DSP pays for his mortgage, regular monthly bills, some random groceries here and there and that's it... most of everything that's left over goes to scopely.
 
BulletSpongeRTR said:
Is Phil going to get the IRS knock? Is he that badly behind on taxes? My dad was the taxman (sorry, not trying to PL) that everyone hated to see. It is ridiculously easy for an IRS agent to get a Fed judge to sign off on an asset seizure/forfeiture.
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Phil claims (so take this with a grain of salt) he has outstanding tax debts so large that he can barely afford to pay any of the principal and most of his monthly payments go towards interest. He has never specified a total amount due or anything like that recently, the best we have is his statement in either 2019 or 2018 that he owed $17,000 in taxes for the preceding year. This is a reasonable amount given his income of about $120,000 and that's all the analysis I can do unless he is dumb enough to give his tax returns to a troll.

Even if (big if) this is true people should not get their hopes up for the sheriff coming in and taking the Snort Fort. Garnishment does not work on independent contractors like DSP because none of his wages are W-2, and since nearly all his net worth is tied up in that condo the IRS is much more likely to slap a lien on it and collect when he sells the property or passes away. Things will not get interesting unless the property ends up underwater which would require him to have a tax debt over $100k, possibly even $200k with how much housing has appreciated in Metro Seattle.

Edit to add:
myone said:
He's (mostly) debt free. A large chunk of his income pre-begruptcy went towards minimum payments (credit cards, Connecticut condo, taxes. All of this can now be spent on jpegs. They also have a second income to manage the household.

DSP pays for his mortgage, regular monthly bills, some random groceries here and there and that's it... most of everything that's left over goes to scopely.
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But his debt situation stabilized about three to five years ago: He defaulted on the Connectikhando mortgage (about $730/month) in Spring 2019, defaulted on his credit cards (hard to calculate his payments with what we know but probably 4 figures / month just in interest) in October 2019, and finally had the HOA fees for the Connectikhando (about $400/month) terminated in mid-2021.

In short - it's not weird that his spending has ticked up post-2019, it's weird that it has ticked up in the last ~year because it is so far removed from the begruptcy and its aftereffects.

DeeTracktor said:
His Mother just sent him money for his birthday. She does it every year.
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This is as good a place as any to write that based on the bank leaks, he gets at least $1,000 from Linda for his birthday. If I am reading PoP's tracker for the leaks right he got $2,000 in 2020 and $1,000 in 2021.
 
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