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Read below . Memphis big man Chad Rykhoek , a graduate transfer who made his NCAA debut earlier this season after an injury-plagued stint at Baylor , was taken off the court on a stretcher with what appeared to be a serious left ankle or leg injury in the first half Saturday against Oklahoma . Rykhoek injured his left leg with 5:14 remaining in the first half after a collision with Oklahoma forward Matt Freeman under the basket after a missed shot. Memphis coach Tubby Smith said after the game that Rykhoek suffered a dislocation and that his recovery timetable is uncertain. The game was delayed for about five minutes after the injury. His leg was immobilized before he was moved, though Rykhoek didn’t appear to be in too much pain. His parents were summoned to the court and members of both teams surrounded him while the Sooners crowd gave him a standing ovation. Rykhoek transferred to Memphis earlier this year after a string of injuries forced him to leave Baylor, where he never played a minute of basketball. The Fort Worth, Texas, native was rated as a top-150 recruit by Rivals when he enrolled at Baylor in 2012. The 6-foot-11 Rykhoek started all 11 of Memphis’ games this season and was averaging 6.4 points and 2.8 rebounds per game entering Saturday. Information from The Associated Press was used in this report.

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They were thrilled and decided to donate 10 percent of the $23 million from the sale to their alma mater. Bob donated 230,000 shares of stock to the trust with a cost basis of $1 per share or $230,000. check here The publicly traded companys shares were valued at $10 per share or $2.3 million. Therefore, Bob would reduce his taxable estate by $2.07 million ($2.3 million $230,000 = $2.07 million). Also, Bob avoided paying the capital gains tax of 23.8 percent on the appreciation of the donated stock. Bob and Marge elected to receive 7 percent of the earnings from the $2.3 million trust generating about $161,000 of taxable income per year for the next 20 years a win-win for all. But the IRS disallowed most of the tax savings from the CRT, because Bob had not started his financial planning soon enough. He established the CRT after he had received the LOI from the purchaser instead of establishing his estate plan well in advance of the sale of his company. The IRS held that the CRT had violated the Anticipatory Assignment of Income Doctrine which was adjudicated in 1930 by the Supreme Court to limit tax evasion. By establishing the CRT after he had signed a binding LOI gave the appearance to the IRS that the CRT was nothing more than a scheme to evade taxes.

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