I'm a player and typically not into backing...
However, once or twice I've backed a player in a tourney that couldn't afford to put themselves in.
I remember one year, I asked CJ (not wiley) if he was going to play the swannee. He said, no he didn't have the money. I said dude, play, I'll put you in.
We both ended up getting 25th that year and getting 150 bucks.
I didn't ask for half. I just asked for $65, the entry fee back. If he had won more. I would've expected the $65 back and then 50% of whatever was left after I got the entry back, so long as the amount he won was enough more than that that he would get more than the entry fee.
so in this case I would expect Dennis to give him the 6500 back at the least and probably the 50%, or the $10363 or whatever it was...
For a player to expect to get his cake and eat it too, is kind of pathetic. If you can't put yourself in and cover your own expenses, you gotta be ready to pay the piper.
UNLESS, you are sponsored and are giving your sponsor an advertising added value.
Jaden <-----was sponsored for the mezz tour and wasn't expected to give it back if winnings weren't greater than other expenses...
That is one interpretation.
My interpretation of French's side is just like Eddie and Vince, and Eddie and Burt. French puts up ALL expenses, from food to travel to entry fees to table time practice. In return, Dennis gives French 50% of his prize money. Dennis only gives 50% of gross prize money. Not net prize money, which would be the profit over the entry fee.
Anyway, both interpretations are fair. The contract blows, and is not clear at all.
I'm thinking Dennis did not give French a single dime from any of his DCC winnings. And I'm using the word dime as 10 cents, not 1K. Lets see what Jay finds out.
However, once or twice I've backed a player in a tourney that couldn't afford to put themselves in.
I remember one year, I asked CJ (not wiley) if he was going to play the swannee. He said, no he didn't have the money. I said dude, play, I'll put you in.
We both ended up getting 25th that year and getting 150 bucks.
I didn't ask for half. I just asked for $65, the entry fee back. If he had won more. I would've expected the $65 back and then 50% of whatever was left after I got the entry back, so long as the amount he won was enough more than that that he would get more than the entry fee.
so in this case I would expect Dennis to give him the 6500 back at the least and probably the 50%, or the $10363 or whatever it was...
For a player to expect to get his cake and eat it too, is kind of pathetic. If you can't put yourself in and cover your own expenses, you gotta be ready to pay the piper.
UNLESS, you are sponsored and are giving your sponsor an advertising added value.
Jaden <-----was sponsored for the mezz tour and wasn't expected to give it back if winnings weren't greater than other expenses...