Keep Watching "The Color of Money"

Giddy giddy

Jennie,
I like the word "giddy". Wish we could all use it more often. I've had a hole-in-one at golf and was giddy for days. Your windfall is such wonderful news. I wonder how these residuals work. Obviously, Tom Cruise is paid a fee just to do the movie and then negotiates his % of residuals. Can you explain how it works?

Paul........Happy for you and Keith
 
Paul Mon said:
Jennie,
I like the word "giddy". Wish we could all use it more often. I've had a hole-in-one at golf and was giddy for days. Your windfall is such wonderful news. I wonder how these residuals work. Obviously, Tom Cruise is paid a fee just to do the movie and then negotiates his % of residuals. Can you explain how it works?

Paul........Happy for you and Keith
Click to expand...

Thanks for the good words, Paul. :)

I am not 100-percent sure how the residuals work, but I think -- and I may be wrong -- that if you are a member of the Screen Actors Guild, then you receive a small percentage of profits from the movie thereafter.

Most actors get a check periodically, maybe once a year. I'm not sure. In Keith's case, he hasn't received one since 1987. So Keith's residuals have stayed in a vault somewhere in the Screen Actors Guild, I guess.

I'm still in shock that we got that call last night, after, what, 22 years? I asked him how they tracked Keith down, and he said they use extensive search databases. I do understand a little how difficult it could be to locate some folk.

As an aside, when I met Keith, I had a hell of a time trying to secure him a Social Security card, so that he could get an legitimate ID. After 9/11, you had to have an ID just to get on an airplane. Keith had no ID when we met. When the Social Security rep asked for any proof of ID, such as employment records, military papers, insurance forms, et cetera, let me just say that it was hard to prove that Keith was Keith. :o
 
wow - how cool!

Tell Keith me and my dad said congratulations! Always good to hear about good news like that....
 
JAM said:
We just received a phone call tonight from the Screen Actors Guild. They have been searching for Keith McCready since 1987.

Keith is getting a check for his role as Grady Seasons in the movie, "The Color of Money," consisting of royalties since 1987.

Oh, man, it's a big number. Keith kept saying to the guy on the phone, "Are you sure this isn't a prank?" :grin-square:

I spoke to the man, got his contact information, and he seems legitimate. Keith joined the Screen Actors Guild when he got the role in the movie. They took his dues out of his payment for his role in the movie.

OMG, this will change Keith's life for the better. You have no idea. I know he's going to have to pay taxes on it, but, hey, he can take care of some health issues -- well, at least I hope that is what he is going to do with the cheese. :mad:

I'm not sure how royalties work, but I'm going to keep watching "The Color of Money."

I just had to share my joy. I'm so happy. :)
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Jam, this is GREAT news......all the best to you and Keith......incredibly happy for the both of you.....and no matter what anybody says, I love TCOM and will always be a fan.....cause, it's like a nightmare :grin:

Really good news, thank you for sharing....
 
My buddy use to do bit parts in the Movies, TV, and TV Commercials, this check could be huge like maybean anount Keith's Uncle will take a big part of in April.
 
Great News / Live Proof?

This is great, great news. I don't know either personally, but it's evident that JAM has been a godsend for Keith and vice-versa.

Now, I'm always a skeptic and would hate for this not to be true for some reason. In any event, I went here:


http://www.sag.org/content/search-unclaimed-residuals

and Keith is on the list. So that is a good sign and probably clear proof.

After more digging, it appears the the SAG has unclaimed residuals for hundreds actors, their heirs or their estates. So situations like Keith's are not uncommon.

Congrats again, enjoy it and be safe!
 
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TheMarsMan said:
They must not of been looking too hard!!! ...I am happy that they finally got in contact with Keith and he is getting what he deserves!
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Agreed. There is this website that is good for finding things too. I will share it with the World.

Witnesseth:
www.google.com

Though it is nice to get it all at once after a loooong time. JAM- you are pushing for interest, right?!?!:wink:
 
JAM said:
Perk, I seem to have suddenly gained a great deal of enthusiasm for pool with this latest news. Money can't cure all evils or cure one's woes, but it will allow me to right/write some wrongs, correct some urban legends, and tell it like it really was, i.e., the good, the bad, and the ugly. :wink:

Here's the book synopsis:

McCready was inspired by the grandiose spirit of Rudolph Wanderone Jr. a/k/a "Minnesota Fats" when the pool legend made an unexpected visit to Bob's Billiards, his neighborhood haunt as a youth. Upon departure, Minnesota Fats, sharply dressed in a three-piece suit, flashed a large wad of cash and said to the patrons, "Boys, the only difference between me and everybody else is that everybody else drives around in a Volkswagen, and Minnesota Fats drives around in a Duesenberg."

A decade later, after several tournament wins in California, McCready pursued his dream of playing professional pool by traveling to St. Louis for a tournament. Minnesota Fats was in attendance, and when he recognized the young up-and-coming player from California, he began to woof at him. The two of them then put on a show that entertained a packed house of onlookers.

McCready soon became one of the most feared money players in the United States, an aggressive contender with a distinctive side-armed stroke that he acquired as a child. He is known to comedically interact a la Minnesota Fats with the audience. It is the fuel which ignites his engine, and the more engaged the audience is, the better he plays. Because of his ability to engage the audience, McCready has always been a fan favorite.

In an era of pool when gambling was the norm, hustling was a way of life. "Keither with the Ether," as he came to be known, spent the better part of the 1970s and 1980s traveling throughout the United States as a tournament competitor and road player. Sometimes the tournament venues would be a gathering place for pool hustlers, and the main action would take place outside of the tournament.

Today, professional pool players travel the circuit around the world and compete as tournament soldiers. Keith McCready is the last of a rare breed, and his life story provides a glimpse into the evolution of pocket billiards, American style.

Thanks for the interest, Perk! :smile:
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Needs to be put in a BOOK!!!! Keith Story IMHO!!!!!!
 
JAM said:
I love, love, love, love, love that picture. :lovies:

I'm still pinching myself this morning. I couldn't sleep well. I had visions of dollar signs dancing in my head. :grin:

I had to gather some paperwork and fax it to the Screen Actors Guild. It took me all of 2 minutes to do that task. :wink:

Happy days are here again
The skies above are clear again
So let's sing a song of cheer again
Happy days are here again.

I gotta work today, and I sure as heck don't feel like it. I'm in the celebration mode. :cool:

BTW, today is a Federal Government holiday. HAPPY VETERANS DAY! :)
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JAM, you and I PM'ed a while back about any type of studio-released shots of Keith as Grady Seasons, but you hadn't been able to locate any.....hence my screenshot. Any luck in locating any images? Maybe if they release TCOM on BlueRay, someone will be able to pull off a cleaner image. If not, when I cross paths with Keith/JAM, I'd love to get this image signed for my collection.
 
All I can say is that good things happen to good people...

People really do create their own luck, both good and bad.


Eric
 
JAM said:
We just received a phone call tonight from the Screen Actors Guild. They have been searching for Keith McCready since 1987.

Keith is getting a check for his role as Grady Seasons in the movie, "The Color of Money," consisting of royalties since 1987.

Oh, man, it's a big number. Keith kept saying to the guy on the phone, "Are you sure this isn't a prank?" :grin-square:

I spoke to the man, got his contact information, and he seems legitimate. Keith joined the Screen Actors Guild when he got the role in the movie. They took his dues out of his payment for his role in the movie.

OMG, this will change Keith's life for the better. You have no idea. I know he's going to have to pay taxes on it, but, hey, he can take care of some health issues -- well, at least I hope that is what he is going to do with the cheese. :mad:

I'm not sure how royalties work, but I'm going to keep watching "The Color of Money."

I just had to share my joy. I'm so happy. :)
Click to expand...

Yea!!! Keith had a truly pivitol role in that movie, glad he is receiving what is due him. :) Tap Tap Tap to Screen Actors for their amazing follow up.
 
JAM said:
Perk, I seem to have suddenly gained a great deal of enthusiasm for pool with this latest news. Money can't cure all evils or cure one's woes, but it will allow me to right/write some wrongs, correct some urban legends, and tell it like it really was, i.e., the good, the bad, and the ugly. :wink:

Here's the book synopsis:

McCready was inspired by the grandiose spirit of Rudolph Wanderone Jr. a/k/a "Minnesota Fats" when the pool legend made an unexpected visit to Bob's Billiards, his neighborhood haunt as a youth. Upon departure, Minnesota Fats, sharply dressed in a three-piece suit, flashed a large wad of cash and said to the patrons, "Boys, the only difference between me and everybody else is that everybody else drives around in a Volkswagen, and Minnesota Fats drives around in a Duesenberg."

A decade later, after several tournament wins in California, McCready pursued his dream of playing professional pool by traveling to St. Louis for a tournament. Minnesota Fats was in attendance, and when he recognized the young up-and-coming player from California, he began to woof at him. The two of them then put on a show that entertained a packed house of onlookers.

McCready soon became one of the most feared money players in the United States, an aggressive contender with a distinctive side-armed stroke that he acquired as a child. He is known to comedically interact a la Minnesota Fats with the audience. It is the fuel which ignites his engine, and the more engaged the audience is, the better he plays. Because of his ability to engage the audience, McCready has always been a fan favorite.

In an era of pool when gambling was the norm, hustling was a way of life. "Keither with the Ether," as he came to be known, spent the better part of the 1970s and 1980s traveling throughout the United States as a tournament competitor and road player. Sometimes the tournament venues would be a gathering place for pool hustlers, and the main action would take place outside of the tournament.

Today, professional pool players travel the circuit around the world and compete as tournament soldiers. Keith McCready is the last of a rare breed, and his life story provides a glimpse into the evolution of pocket billiards, American style.

Thanks for the interest, Perk! :smile:
Click to expand...

Oh Jennie, Jennie, Jennie -- how can you tease us like that, we're all waiting so patiently!
 
JAM -

This thing kinda pi$$es me off a little, do they actually think that they couldnt get ahold of Keith McCready? GOOGLE? HELLO??

Oh well, I guess it all worked out in the end.

Pass along our best wishes for Keith, and add me to the list that would like to see him back with us "common pool folk"....

:wink:

Ken
 
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