Hawaiian surf and skate prodigy Kalani
David, 24, dies suddenly while surfing in Costa Rica, “It is brutal
how biggest souls tend to vanish so randomly.”
By Derek Rielly
"So sad. He was a legend."
The Hawaiian surf and skate prodigy Kalani David, who
was twenty-four, has died of a seizure while surfing in Costa
Rica, prompting a torrent of grief and love for the
troubled kid.
Nathan Florence, Taylor Steele, Eli Olson, Kaipo Guerriero, Pat
O’Connell, Zeke Law, poured out their sorrow over David’s
death.
As a teen, David was ranked higher than superstar skaters Bobby
Burnquist and Bucky Laskek all the while competing as a surfer in
the World Juniors Championships in Bali.
A rare talent.
Hawaiian-born David suffered from Wolff-Parkinson White Syndrome
and seizures had become a part of life, at one point even
undergoing open-heart surgery following a six-hour episode at home
in Oahu.
More soon.
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Doubting Thomas surf fans served heaping
pile of steaming crow as it appears World Surf League Finals Day
eclipses billion dollar NFL Thursday night opener!
By Chas Smith
Excuse me sir, may I have some more?
Days ago, core surf fans guffawed and side-eyed
as World Surf League CEO Erik Logan released the almost
unbelievable numbers surrounding the World Surf League’s Finals Day
there on Lower Trestles cobbled stone. Underneath a picture of
Logan hoisting a trophy, smiling ear to ear beneath manicured
beard, the head of competitive
professional surfing declared:
The day will go down as the biggest day in pro surfing. The
data and the numbers are undeniable.
– Broke the record for the most watched day in WSL history
by 22% – Over 8.3 million total Livestream views (and still
counting) – Over 1 million viewers on linear TV globally, with more
airings to come!
Psshhht.
Whatever.
Except, numbers are beginning to
trickle in for the National Football League’s first Thursday
Nightgame of the year from two days
ago. Sporting fans will know that Amazon purchased the rights to
the pre-weekend extravaganza from the League for a whopping 1.2
billion dollars per year and has completely renovated the evening
from new announcers, fancy new camera angles, the works.
Historic in that it was the first exclusively streamed NFL game
ever, much like the World Surf League streams its contests.
Well, early numbers suggest that the game ranked a bit lower in
the home markets of the competing teams (Los Angeles and Kansas
City) and will likely reach between 5 and 7 million total
views.
Smashed to a pulp by Toledo, Gilmore and the velvety pipes of
Joe Turpel!
World Surf League ex-CEO Paul Speaker prophetic!
WOW!
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Noted left-leaning financial news service
bluntly questions altruistic motives behind Yves Chouinard’s shock
decision to give company away: “Patagonia billionaire skirts $700
million tax hit!”
By Chas Smith
Surf great Kelly Slater's ears perk.
But do you remember where you were when you
first heard that Patagonia’s founder Yves Chouinard was giving his
3 billion dollar company away in order to save the environment? I
was in Newport Beach, Fashion Island to be exact, sipping a
cappuccino, wondering if I should get a fussy hamburger or French
dip sandwich for lunch in a few hours.
Decidedly not saving the environment.
The move seemed groundbreaking, company head putting money where
mouth was by transferring the whole shootin’ match into a trust,
every ounce of profit-after-cost going to green causes and pressure immediately began
building on noted sustainability activist Kelly Slater
to place his own Outerknown into an earth-scrubbing trust.
But.
Were Chouinard’s motives pure as driven, though rapidly melting,
snow? Bloomberg has picked up a handful of salt to throw directly
in game. Under a blunt headline reading “Patagonia Billionaire Who
Gave Up Company Skirts $700 Million Tax Hit,” the
left-leaning financial news service declares:
While many billionaires make living donations with tax and
estate planning as the primary considerations, Chouinard seems to
have structured his Patagonia transfer with at least a few purposes
in mind. Holdfast is a 501(c)(4), a nonprofit that can make
unlimited political donations — unlike its cousin, the 501(c)(3).
For that reason, any giving to a 501(c)(4) isn’t eligible for
income-tax deductions. In addition, the Patagonia founder will owe
$17.5 million in gift taxes for the shares he transferred to the
trust.
Still, the moves mean Chouinard won’t have to pay the
federal capital gains taxes he would have owed had he sold the
company, an option he said was under consideration. On a $3 billion
sale, that bill could be more than $700 million. It also helps
Chouinard avoid the US estate and gift tax, which is a 40% levy on
large fortunes when they’re transferred to heirs.
While a Patagonia spokesperson flatly denied the trickeration,
attention has returned back to the aforementioned Slater. While his
green bonafides need no burnishing, it is known that the many-time
surfing champion likes to not spend his money. Might tax relief be
the finger that tips the scales?
Outerknown 501(c)(4)?
Intriguing.
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Surf icon Kelly Slater stuns fans of
sustainable outerwear line by brazenly using adults-only language
in mass-mailed fall catalog!
By Chas Smith
Shield the children's eyes.
Mere days ago, the world was stunned when
Patagonia founder and chief Yvon Chouinard transferred his family’s
ownership of the company into a trust and
no-for-profit, “created to preserve the company’s
independence and ensure that all of its profits — some $100 million
a year — are used to combat climate change and protect undeveloped
land around the globe.”
Patagonia, a multi-billion dollar darling, could have been sold,
transferred to a child, taken public all generating hundreds of
millions for Chouinard or his kin but he has always been vocally
against the hoarding of riches and put his money where his mouth
was.
Pressure immediately built on sustainability activist and iconic
surfer Kelly Slater who, himself, owns and operates the
environmentally-conscious label Outerknown. Would he, too, put his
money where his mouth is and gift the brand to causes near and dear
his heart?
Maybe.
Though, just today, Outerknown’s mass-mailed
catalogue landed in the mailboxes of those who asked
for it and also those who didn’t. Flipping through images of light
green flannels, sustainable denim, home, small business and
apartment owners were assaulted with the shocking words, “The
coziest damn shirt ever made. 100% organic cotton and buttons made
from nuts.” laid over the image of a man named “Andy” with
pronounced Adam’s apple turning away from the camera.
I’d imagine many horrified that children were near enough to
read both “damn” and “nuts.” Parents and guardians scrambling to
pretend they were not looking at that page and/or breaking down in
tears. Others attempting to have too-early conversations about
naughty words and/or anatomy.
Marketing is, of course, a rough gig in an ever-saturated
landscape. How to draw attention? How to make the otherwise
inundated stop and look?
Swearing and crude language one way but the proper one?
Furthermore, will buttons made from testicles, however
sustainable, actually hold?
Currently more questions than answers.
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Dreamy beachside house of surfing’s OG
feminist and Malibu icon lists for $2.59 million, “Whenever (she)
caught a wave, everyone — truly everyone — backed off and gave her
the right of way!”
By Derek Rielly
“She embodies everything about female empowerment.
Doing what you want to do, how you want to do it, on your
terms.”
Back in March, one of California’s original gal
shredders, Janet MacPherson died, although it wasn’t exactly
sudden, the old broad was eighty-four.
MacPherson, who started surfing after a trip to Hawaii in 1955,
said sometimes men would chuck rocks at her ‘cause they didn’t dig
a gal surfing.
It didn’t last long.
In an obituary in the NY Times, her son, the hotelier
Shaun MacPherson, told ‘em, “Whenever Janet caught a wave, everyone
— truly everyone — backed off and gave her the right of way. Janet
was in a category of one.”
In the same obit, her daughter-in-law, Rachelle Hruska
MacPherson, founder of the Lingua Franca label, said, “She
embodies everything about female empowerment. Doing what you want
to do, how you want to do it, on your terms. She never once
mentioned being a feminist. She didn’t have to — she just was.”
Anyway, by virtue of being one of the first on the scene, ol
Janet accumulated a vast property portfolio along the Malibu coast.
And following her death, the family has been slowly offloading each
piece, pretty house by pretty house.
A joint in Malibu Canyon fetched $4 million, another on PCH
across the road from La Costa Beach is under contract for $2.6
mill.
Until her death in March, the house pictured, four beds, three
bathrooms, along with a garage and a separate studio apartment, was
bringing Janet ten grand a month.
Important note: if you buy, you get membership to La Costa Beach
& Tennis Club, built right on the sand there on one of Malibu’s
quieter beaches.
Yet to go on the market is a three-unit apartment building on
Carbon Beach, a duplex looking over Broad Beach and another
three-apartment complex above Point Dume.