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Timberly
Guest
He isn't playing in the event but he is there walking around. Anyone know him and what his story is?
Timberly said:
Hey Timberly,
I know of the name. I'm not sure if the IPT WANTS us to discuss this or not....but he was calling Alex like everyday a while back. Maybe like a month or two ago?? Anyway, he said he's a manager for athletes, you know like a "Jerry Mcguire" type? Anyway, he wanted to get Alex to sign with him and his management team, seems like a lot of the players had signed with them already and he REALLy was trying to get Alex. But, when Alex read the agreement it came to a dead halt because it said that they would get 30% of his winings in the IPT as their fee. Of course other issues like endorsements were broken down and they would've fronted him whatever he wanted and even a monthly allowance, but this would all have to be paid back off their winnings or endorsements BEFORE any profit.
What Alex totally DID NOT want to give up, was ANY of his winning in the IPT. His stance was that he did not need their help to get into the IPT, and whatever he wins is of his own efforts so he is not willing to give up his winnings at all. So the guy got a little heated and was like you're missing the boat and so you expect us to work for free blah blah...Alex said take 90% of the commission on ANY endorsements because thats their jobs, but the guy was adamant on getting a percent of the TOU winnings. It was quite fishy, so Alex declined...I think they were suprised....they kept calling and pushing, they had a deadline they needed to sign up the players by, but Alex still refused.
I agree with Alex...by getting a percent of their IPT winnnings the managers are in essence GUARANTEED to make a certain amount now. If they got majority of the players to sign, that is a huge chunk of IPT winnings money going to this management company right? Fishy, just plain fishy I say.
But yeah Timberly, that's how I know the name. LOL
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Timberly
Guest
That's what I was looking for! A good of mine is emailing me from out there and here's what they had to say....phoebe choy said:Hey Timberly,
I know of the name. I'm not sure if the IPT WANTS us to discuss this or not....but he was calling Alex like everyday a while back. Maybe like a month or two ago?? Anyway, he said he's a manager for athletes, you know like a "Jerry Mcguire" type? Anyway, he wanted to get Alex to sign with him and his management team, seems like a lot of the players had signed with them already and he REALLy was trying to get Alex. But, when Alex read the agreement it came to a dead halt because it said that they would get 30% of his winings in the IPT as their fee. Of course other issues like endorsements were broken down and they would've fronted him whatever he wanted and even a monthly allowance, but this would all have to be paid back off their winnings or endorsements BEFORE any profit.
What Alex totally DID NOT want to give up, was ANY of his winning in the IPT. His stance was that he did not need their help to get into the IPT, and whatever he wins is of his own efforts so he is not willing to give up his winnings at all. So the guy got a little heated and was like you're missing the boat and so you expect us to work for free blah blah...Alex said take 90% of the commission on ANY endorsements because thats their jobs, but the guy was adamant on getting a percent of the TOU winnings. It was quite fishy, so Alex declined...I think they were suprised....they kept calling and pushing, they had a deadline they needed to sign up the players by, but Alex still refused.
I agree with Alex...by getting a percent of their IPT winnnings the managers are in essence GUARANTEED to make a certain amount now. If they got majority of the players to sign, that is a huge chunk of IPT winnings money going to this management company right? Fishy, just plain fishy I say.
But yeah Timberly, that's how I know the name. LOL
"There's a guy named Mark Trainer who's getting the players to sign some bizarre sort of contract, giving them $4,000 per month. But if they WIN any money, they not only give him 40% of it, they pay him back the $4,000. He's got over 20 players signed up already. The guy's bad news.
A lot of Filipinos signed because the contract is, of course, in English. The guy just LOOKS oily, though."
This is simply an outsiders observation. My friend isn't playing in the tournament so he wasn't approached. He's only there to spectate but he's friends with some players and this is what he was told.....
Mark Trainer is a player from days gone by. He also used to own Pool Sharks here in Vegas, but sold it. Apparently, he's made some very wise investments in real estate. Rumor has it that he bought a piece of property worth 600,000-plus and sold it for 18 million.
Keith too was approached by Mark Trainer, and they spoke over the phone several weeks ago for 3 to 4 days mulling over Mark's player contract, with Mark being the agent. Like Alex Pagulayan, there were some features of the contract that was presented to Keith that were not desirable for Keith. However, after speaking with several of the players, each player was given a different contract as far as the signing bonus, monthly salary, the percentage cut of winnings, et cetera. After having Keith's lawyer look at Keith's contract and after several days of negotiations, Keith decided that at this time, Keith would like to be independent.
Now, having said that, Mark does present some great ideas and has a vision of acquiring big-name sponsors. With a block of players, he can market not only pool, but the players themselves, hoping to make them a household name down the road when and if the IPT becomes a sport in American eyes. Overseas, though, pool in some circles is quite popular. I can only imagine that the IPT in Europe, for example, may grow due to the television exposure.
The contract is a good deal for some players who have no means of income to travel to these events. It guarantees them a monthly salary, making their life a whole lot easier. Money worries can be a big detriment on the tournament trail, and with an actual income, this removes the financial hurdle of attending events.
I think there is a website called Athletes First which Mark Trainer is the agent for. This company has signed up many name-brand baseball and football pros. I can't remember the link, and I'd look for it, but this damn laptop mouse and keyboard really limits my capacity posting on the forums. I can type 150 WPM on a regular keyboard, but on a laptop, I have to slow it down a bit.
Of course, Mark Trainer is hoping to make a profit on this huge endeavor by signing up pool players. Some of the players who have signed on are not only IPT members, but qualifier players as well. This truly is a golden opportunity for some, and for others, the contract isn't desirable at this juncture. In reality, Mark is expending six-figures up front to pursue this great endeavor, and if it works, then the players who did sign on will receive additional income from prospective sponsors. I do hope it is a win-win for the players and Mark Trainer. Anything that can help promote pool, I'm all for it.
JAM
Keith too was approached by Mark Trainer, and they spoke over the phone several weeks ago for 3 to 4 days mulling over Mark's player contract, with Mark being the agent. Like Alex Pagulayan, there were some features of the contract that was presented to Keith that were not desirable for Keith. However, after speaking with several of the players, each player was given a different contract as far as the signing bonus, monthly salary, the percentage cut of winnings, et cetera. After having Keith's lawyer look at Keith's contract and after several days of negotiations, Keith decided that at this time, Keith would like to be independent.
Now, having said that, Mark does present some great ideas and has a vision of acquiring big-name sponsors. With a block of players, he can market not only pool, but the players themselves, hoping to make them a household name down the road when and if the IPT becomes a sport in American eyes. Overseas, though, pool in some circles is quite popular. I can only imagine that the IPT in Europe, for example, may grow due to the television exposure.
The contract is a good deal for some players who have no means of income to travel to these events. It guarantees them a monthly salary, making their life a whole lot easier. Money worries can be a big detriment on the tournament trail, and with an actual income, this removes the financial hurdle of attending events.
I think there is a website called Athletes First which Mark Trainer is the agent for. This company has signed up many name-brand baseball and football pros. I can't remember the link, and I'd look for it, but this damn laptop mouse and keyboard really limits my capacity posting on the forums. I can type 150 WPM on a regular keyboard, but on a laptop, I have to slow it down a bit.
Of course, Mark Trainer is hoping to make a profit on this huge endeavor by signing up pool players. Some of the players who have signed on are not only IPT members, but qualifier players as well. This truly is a golden opportunity for some, and for others, the contract isn't desirable at this juncture. In reality, Mark is expending six-figures up front to pursue this great endeavor, and if it works, then the players who did sign on will receive additional income from prospective sponsors. I do hope it is a win-win for the players and Mark Trainer. Anything that can help promote pool, I'm all for it.
JAM
How long are the contracts?
JAM...Just curious, but what length of time are the contracts for? Since the "signees" have to pay back the money advanced to them (as salary), against future earnings, what happens, in the event they don't earn enough to cover the contract advances? You said each contract is different, but there must be some sort of common clause about this issue. I certainly agree with you, that this could be a 'life-saver' for some pros who have a hard time making expenses (probably MOST of them...lol), I would hope that they don't have to sign their lives away, to take advantage of this!
Watchez...we were thinking the same thing!
Scott Lee
www.poolknowledge.com
JAM...Just curious, but what length of time are the contracts for? Since the "signees" have to pay back the money advanced to them (as salary), against future earnings, what happens, in the event they don't earn enough to cover the contract advances? You said each contract is different, but there must be some sort of common clause about this issue. I certainly agree with you, that this could be a 'life-saver' for some pros who have a hard time making expenses (probably MOST of them...lol), I would hope that they don't have to sign their lives away, to take advantage of this!
Watchez...we were thinking the same thing!
Scott Lee
www.poolknowledge.com
watchez said:
Each contract is different, some spanning 3 to 5 years in duration. However, as all legally binding contracts, there are a few clauses which may vary from contract to contract, depending on what the player and Mark agreed to.
Personally, I think this is a godsend to some pool players who are not capable of coming up with the funds to travel to Vegas, Reno, Chicago, and England. It takes a lot of worry out of traveling and affords these contracted players an opportunity to just concentrate on competing and honing their skills sets.
I think some of the players who did sign are very happy with their decision. The contract offered a signing bonus to the actual members of the IPT who did sign the dotted line which was theirs to keep, not coming out of their tournament winnings. Mark Trainer is taking a calculated risk, but he's a shrewd businessman, and I don't think he'd be expending this kind of money up front if he did not think he was going to get something in the return. Hopefully, as stated earlier, it will be a win-win for Mark and the players.
JAM
Scott Lee said:JAM...Just curious, but what length of time are the contracts for? Since the "signees" have to pay back the money advanced to them (as salary), against future earnings, what happens, in the event they don't earn enough to cover the contract advances? You said each contract is different, but there must be some sort of common clause about this issue. I certainly agree with you, that this could be a 'life-saver' for some pros who have a hard time making expenses (probably MOST of them...lol), I would hope that they don't have to sign their lives away, to take advantage of this!
Watchez...we were thinking the same thing!
Scott Lee
www.poolknowledge.com
The length of the contracts do vary, as stated earlier, from 3 to 5 years from what I have heard from the players who did sign. Mark also signed up some qualifier players, trying to build up a "team" of marketable pool players. The qualifier players, if they do well, will receive bonuses. Yes, their monthly expenses are paid up front as well as the players receiving a monthly salary, but all of these monies come off the top, and then there's the cut for the agent's end.
If the IPT were to fall down, Mark would be out six figures-plus, and if the IPT succeeds, Mark's got quite a few good horses in the race. It is in Mark's interest as well as the players to secure name-brand sponsors. If you look at the Athletes First website, you will see that this company has been in existence and represents MANY name-brand sports celebrities already.
BTW, I heard it through the grapevine that Sigel signed the dotted line after negotiations pre-Vegas IPT event. Again, this is hearsay as I did not hear this from Sigel's mouth. If Mark provides the signed players financial freedom, then I think this is a very good deal. Mark is the one who is taking all the risk. Again, this is only hearsay, but I heard that 20-plus players have signed on.
JAM
JAM--I have to agree that it is a great way for some players to ensure they make it to all the tournaments & also might give them to freedom to solely concentrate on pool. It has already been noted that quite of few of the players (Breedlove, Dee Adkins) have real jobs & might not have the time to fully commiit themselves to the tour. Obviously, Trainer wouldn't give out the perks of signing if he didn't think there would be a return in the end. I suppose each player needs to weigh the pluses/minuses as it pertains to their situation.....and think that a bird in the hand is always worth two in the bush.
I wonder if a player's union such as they have in other major sports is going to come next. Sounds like Ginky was fortunate to have the understanding of the Tour in his instance of illness in causing him to miss a match but the backing of some sort of union/representation might be needed in future occurences.
I wonder if a player's union such as they have in other major sports is going to come next. Sounds like Ginky was fortunate to have the understanding of the Tour in his instance of illness in causing him to miss a match but the backing of some sort of union/representation might be needed in future occurences.
JAM,
Yes, like Keith, Alex wante to keep his options open too. Plus, Alex said that the most of his tournament winnings he was willing to give up was 10% and that was reluctantly. But, tocompensate, he told Mark that he could have majority of any endorsement moneies. Mark was EXTRA pushy on wanting the 30% of tournament winnings wich made Alex super sketchy of him.
If Mark does his job, which is getting the endorsments, then he'll make money, right? But, by wanting the percent of tournament winnings, it's kinda like he's leeching?? He'll make guaranteed money for sure.
I know he allotted certain players certain allowances every month an so forth, but it's loaned, and after signing the contract I am sure they are obligated to pay back the monies somehow, right? He has the edge....believe me.
My 2 cents: SHOW ME THE MONEY MARK!!! Cause almost every player out there has the heart and skill to win these tournaments... but what is he doing for them besides putting more heat on them by putting them in debt (basically, right?)
He said he can get all these endorsement deals and so forth, but it seems like he just wants a monopoly on all the players knowing they'll make GUARANTEED money (especially in the next two years) and hopefully out of his whole pool of pool players one or a few of them will hit the jackpot money!! YA KNOW......
Yes, like Keith, Alex wante to keep his options open too. Plus, Alex said that the most of his tournament winnings he was willing to give up was 10% and that was reluctantly. But, tocompensate, he told Mark that he could have majority of any endorsement moneies. Mark was EXTRA pushy on wanting the 30% of tournament winnings wich made Alex super sketchy of him.
If Mark does his job, which is getting the endorsments, then he'll make money, right? But, by wanting the percent of tournament winnings, it's kinda like he's leeching?? He'll make guaranteed money for sure.
I know he allotted certain players certain allowances every month an so forth, but it's loaned, and after signing the contract I am sure they are obligated to pay back the monies somehow, right? He has the edge....believe me.
My 2 cents: SHOW ME THE MONEY MARK!!! Cause almost every player out there has the heart and skill to win these tournaments... but what is he doing for them besides putting more heat on them by putting them in debt (basically, right?)
He said he can get all these endorsement deals and so forth, but it seems like he just wants a monopoly on all the players knowing they'll make GUARANTEED money (especially in the next two years) and hopefully out of his whole pool of pool players one or a few of them will hit the jackpot money!! YA KNOW......
Just wanted to add,
I am not dogging Mark. But, he has to realize how his timing to all of a sudden want to sign pool players up under management is suspicious. AND, pool players in general have been screwed over and over again with people trying to get a piece of the pie without all the sweat, tears, fustrations, ups and downs, of actually BEING a pool player, and living the life.
In my last post, if anyone catched on to the ending I was making reference to the movie Jerry Mcguire......jus in fun lol
I am not dogging Mark. But, he has to realize how his timing to all of a sudden want to sign pool players up under management is suspicious. AND, pool players in general have been screwed over and over again with people trying to get a piece of the pie without all the sweat, tears, fustrations, ups and downs, of actually BEING a pool player, and living the life.
In my last post, if anyone catched on to the ending I was making reference to the movie Jerry Mcguire......jus in fun lol
Mike and I were approached as well, but not in time to look over his contract. He wants us as a couple, not sure what he could get out of it.
I introduced him to Angel Paglia here and thought he might be able to do something with her; she is certainly marketable. I don't think he was eager though if the guaranteed IPT funds weren't there.
I introduced him to Angel Paglia here and thought he might be able to do something with her; she is certainly marketable. I don't think he was eager though if the guaranteed IPT funds weren't there.
rackmsuckr said:Mike and I were approached as well, but not in time to look over his contract. He wants us as a couple, not sure what he could get out of it.
I introduced him to Angel Paglia here and thought he might be able to do something with her; she is certainly marketable. I don't think he was eager though if the guaranteed IPT funds weren't there.
EXACTLY LINDA!!!!
My point to a tee. The pool players had so much marketability before the IPT just nobody cared or they wanted something guaranteed. Angel is VERY marketable, so is Earl, the filipinos, the Europeans, Corey, Keith, etc. Even the amateurs and qualifiers all have great stories behind them. They all have great characters, whether it's a young-gun, old-timer, gambler, joker, the jerk, hot-tempered, methodical, run-and-gun, nice-guy, whatever.....but he didn't even think twice about Angel because what his GUARANTEE?
Nothing if the person is not in the IPT, right?
phoebe choy said:
Yes, I felt that if he wanted to build a stable of pool players, that he could get gigs for everyone, IPT or not. Angel would look great in a bikini hawking anything, a la Jennifer Barretta. She would be great for exhibitions or even a pool spokesmodel. I had them exchange numbers, but I don't know if anything will ever come of it. I tried, though!
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Timberly
Guest
The worst salesman in the world could make money with Angel. He would have to work, and the amount of funds made of course wouldn't be guaranteed but I can guarantee that money can be made.
The fact that he wasn't interested... I'm totally with Phoebe on this one... I don't like it... I smell a rat!
I'm with Alex... take a percentage of the endorsements you get for me because you've earned that money by getting me the endorsements. Take a percentage of my IPT winnings? F you
The fact that he wasn't interested... I'm totally with Phoebe on this one... I don't like it... I smell a rat!
I'm with Alex... take a percentage of the endorsements you get for me because you've earned that money by getting me the endorsements. Take a percentage of my IPT winnings? F you
Timberly said:The worst salesman in the world could make money with Angel. He would have to work, and the amount of funds made of course wouldn't be guaranteed but I can guarantee that money can be made.
The fact that he wasn't interested... I'm totally with Phoebe on this one... I don't like it... I smell a rat!
I'm with Alex... take a percentage of the endorsements you get for me because you've earned that money by getting me the endorsements. Take a percentage of my IPT winnings? F you
Exactly what Alex said!
He was like F them, they wanna make money off my blood,sweat and tears.....nope.....forget it...take it or leave it, the most I'm willing to give up is 10% and I think even that is pretty generous. If not, well....I wish you the best Mark. Don't be suprised if I win one of these...haha!
...typical Alex
rackmsuckr said:Mike and I were approached as well, but not in time to look over his contract. He wants us as a couple, not sure what he could get out of it.
I introduced him to Angel Paglia here and thought he might be able to do something with her; she is certainly marketable. I don't think he was eager though if the guaranteed IPT funds weren't there.
Unless I am mistaken, I don't think Angel Paglia is an IPT member. I did not see her name on the players' list, at any rate.
JAM
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Timberly
Guest
LMAO, as I was reading this I was picturing him saying it... animation & all. Too funny... I swear, there can't ever be a dull moment in that household... you've actually got 3 kids but I guess you know that.phoebe choy said:Exactly what Alex said!
He was like F them, they wanna make money off my blood,sweat and tears.....nope.....forget it...take it or leave it, the most I'm willing to give up is 10% and I think even that is pretty generous. If not, well....I wish you the best Mark. Don't be suprised if I win one of these...haha!
...typical Alex
he won a qualfier card and is a full time IPT memberJAM said: