Did Barry bring the Cash into the arena???

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Fatboy

Fatboy

AzB Silver Member
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He said in his letter that was going to bring $75,000 in cash with the armed guards and girls(like they do at poker tournaments). I just wondered if that happened as he described in his "Open Letter" to the pool world a few months back. I sincerely hope that everything went as promised, in that letter.


The players did their job, by that I mean that he had a full field which is great. What more can a promoter expect? And from a accounting perspective thats better than a short field, the average cost per player goes down-economies of scale. Thus making his promises easier to fulfill as described in that letter.

Having the revenue stream coming in from the PPV online is growing every year as more and more people are getting hip to computers and learn how to log on use their credit cards and get a PPV. 4 years ago the numbers were small, now with the AZB community participating that new stream of income is fantastic for pool and the promoters. It just wasn't there in the past and is now-which is the kind of thing that insures the future of quality pool.


Since this is a serious post I spell checked it,


This is the letter that i'm referring to in this post:

http://www.azbilliards.com/2000storya.php?storynum=7853


I really hope it all came off as promised, its a great thing to have happen if it did. Here is a quote from the letter:

"The Thursday before the U.S. Open, October 14th, $75,000.00 will be in an account for the players only and $75,000.00 in cash will be on display with an armed guard on the arena floor the final day of the event at 1:00pm. That is the total due to the final 4 players. The other $30,000.00 will have already been paid to the eliminated players towards the end of the event, promptly on time. All $180,000.00 will be paid in CASH."


Sincerely,

Eric/Fatboy
 
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Fatboy said:
He said in his letter that was going to bring $75,000 in cash with the armed guards and girls(like they do at poker tournaments). I just wondered if that happened as he described in his "Open Letter" to the pool world a few months back. I sincerely hope that everything went as promised, in that letter.


The players did their job, by that I mean that he had a full field which is great. What more can a promoter expect? And from a accounting perspective thats better than a short field, the average cost per player goes down-economies of scale. Thus making his promises easier to fulfill as described in that letter.

Having the revenue stream coming in from the PPV online is growing every year as more and more people are getting hip to computers and learn how to log on use their credit cards and get a PPV. 4 years ago the numbers were small, now with the AZB community participating that new stream of income is fantastic for pool and the promoters. It just wasn't there in the past and is now-which is the kind of thing that insures the future of quality pool.


Since this is a serious post I spell checked it,


Sincerely,

Eric/Fatboy
Click to expand...



I have no idea about what you are asking, but I am glad you spell checked it :) haha
 
The real question is did Darren Appleton get paid? I certainly hope so and does promptly.

S.
 
He got nicknamed "Master Jew" by the US open champions club at a public ceremony.
 
Oh- my - Gosh! That's cold, but if it came from the US Open Champion Club, then he must have earned it.

S.
 
I dunno if bringing out $75,000 would be such a good thing to display. In terms of cash piles, $75,000 wouldn't make for great pictures unless its in 20s. A big check or trophy would be nicer on the front page of a magazine or AZB.
 
I want to know what the guy pulled in on door fees. I estimated 6 stadium style seating areas holding 100 a piece. Two session fee of $10 min for the last day alone seemed to have at least 300 in attendance that paid some type of fee. 600 for tickets, $6000 for entrance plus food. On the last day alone I think the director covered 40% of expenses for tournament. That is a low end estimate.

256 players, $500 entrance fee that is $128,000 from players alone that is done by multiplying 256 times 500. The director's capital is $52,000, 180,000 total paymout minus the 128000 from players.

If players just rented an entire room, they wouldn't have arena expenses, ref expenses or director expenses. Players could put together a comparable event with similar payouts. IMO the staff working the event do not appear to be taken care of well.

One popcorn lady said the heat cannot be turned on because the balls must be a certain temp. I have seen balls act funny when humidity is present. But not in a controlled environment. It seemed like some drunk wanted to walk into a room to cool off.
 
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Fatboy said:
He said in his letter that was going to bring $75,000 in cash with the armed guards and girls(like they do at poker tournaments). I just wondered if that happened as he described in his "Open Letter" to the pool world a few months back. I sincerely hope that everything went as promised, in that letter.


The players did their job, by that I mean that he had a full field which is great. What more can a promoter expect? And from a accounting perspective thats better than a short field, the average cost per player goes down-economies of scale. Thus making his promises easier to fulfill as described in that letter.

Having the revenue stream coming in from the PPV online is growing every year as more and more people are getting hip to computers and learn how to log on use their credit cards and get a PPV. 4 years ago the numbers were small, now with the AZB community participating that new stream of income is fantastic for pool and the promoters. It just wasn't there in the past and is now-which is the kind of thing that insures the future of quality pool.


Since this is a serious post I spell checked it,


This is the letter that i'm referring to in this post:

http://www.azbilliards.com/2000storya.php?storynum=7853


I really hope it all came off as promised, its a great thing to have happen if it did. Here is a quote from the letter:

"The Thursday before the U.S. Open, October 14th, $75,000.00 will be in an account for the players only and $75,000.00 in cash will be on display with an armed guard on the arena floor the final day of the event at 1:00pm. That is the total due to the final 4 players. The other $30,000.00 will have already been paid to the eliminated players towards the end of the event, promptly on time. All $180,000.00 will be paid in CASH."


Sincerely,

Eric/Fatboy
Click to expand...

good politions never really do what the say their going to do
 
justnum said:
I want to know what the guy pulled in on door fees. I estimated 6 stadium style seating areas holding 100 a piece. Two session fee of $10 min for the last day alone seemed to have at least 300 in attendance that paid some type of fee. 600 for tickets, $6000 for entrance plus food. On the last day alone I think the director covered 40% of expenses for tournament. That is a low end estimate.

256 players, $500 entrance fee that is $128,000 from players alone that is done by multiplying 256 times 500. The director's capital is $52,000, 180,000 total paymout minus the 128000 from players.

If players just rented an entire room, they wouldn't have arena expenses, ref expenses or director expenses. Players could put together a comparable event with similar payouts.
Click to expand...

You forgot to factor in all the past champions that played in this event, have free entry into this event for life. Curtousy of Barry Berman.
 
JustPlay said:
You forgot to factor in all the past champions that played in this event, have free entry into this event for life. Curtousy of Barry Berman.
Click to expand...

Ticket sales for one champ offsets their entry fee by a lot. 100 people want to see a champ for a day even just one session is 100 times 10 that is $1000, that is twice the player fee. Plus the old champs get to influence younger players. In other words an old champ means young players get a chance to publicly beat them or make them come back next year to beat them. That counts as player entry fee for two years.
 
Masayoshi said:
I dunno if bringing out $75,000 would be such a good thing to display. In terms of cash piles, $75,000 wouldn't make for great pictures unless its in 20s. A big check or trophy would be nicer on the front page of a magazine or AZB.
Click to expand...

At least people would know it was ACTUALLY THERE!
 
justnum said:
Ticket sales for one champ offsets their entry fee by a lot. 100 people want to see a champ for a day even just one session is 100 times 10 that is $1000, that is twice the player fee. Plus the old champs get to influence younger players. In other words an old champ means young players get a chance to publicly beat them or make them come back next year to beat them. That counts as player entry fee for two years.
Click to expand...

No questions about it. Former champs bring an intrinsic value to the US Open. Also, I think it makes players who play them, play harder since they know that they (former champs) are free rolling in this event.
 
justnum said:
I want to know what the guy pulled in on door fees. I estimated 6 stadium style seating areas holding 100 a piece. Two session fee of $10 min for the last day alone seemed to have at least 300 in attendance that paid some type of fee. 600 for tickets, $6000 for entrance plus food. On the last day alone I think the director covered 40% of expenses for tournament. That is a low end estimate.

256 players, $500 entrance fee that is $128,000 from players alone that is done by multiplying 256 times 500. The director's capital is $52,000, 180,000 total paymout minus the 128000 from players.

If players just rented an entire room, they wouldn't have arena expenses, ref expenses or director expenses. Players could put together a comparable event with similar payouts. IMO the staff working the event do not appear to be taken care of well.

One popcorn lady said the heat cannot be turned on because the balls must be a certain temp. I have seen balls act funny when humidity is present. But not in a controlled environment. It seemed like some drunk wanted to walk into a room to cool off.
Click to expand...

Go ahead and price out that bleacher set up, advertising, office staff, tournament directors and about a hundred other expenses and then run your numbers again.

Posts like this one remind me of the player who swore Diamond kept 200 bar tables in storage year around in Vegas and only used them once a year for the May BCAPL event.
 
With all the people there can somone answers the question? Did he post the cash. Yes or no?

Thx
 
What he said. justnum done struck out this time...

I see lots of contracts between venues and the events holders.

They gots lots of pages an tiny little letters.

I
JCIN said:
Go ahead and price out that bleacher set up, advertising, office staff, tournament directors and about a hundred other expenses and then run your numbers again...
Click to expand...
 
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