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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
by gnicholas 4y ago
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.
- Haga 4y ago[dead]
- Paul-Craft 4y ago> this is not indentured servitude. > [...] > 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.
- gnicholas 4y agoI meant from a legal perspective. What the headline suggests is not legal, whereas his repayment settlement is.
- Paul-Craft 4y agoThose seem to be the same thing.
- loeg 4y ago> 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. A distinction without a difference, it seems. Very few people will earn $14 million over their lifetimes.
- skissane 4y agoIf he moved to another country (could be difficult with the criminal record, but some countries won’t care, especially since it was a non-violent crime), the legal system in some countries would refuse to enforce this, either explicitly (their courts will rule the debt is invalid) or implicitly (he doesn’t pay and the authorities refuse to do anything about it)