Thanks for the education, Jay. I never realized they paid that much.Matchroom paid out 100K to the winner of the WPC twice back in the late 90's. That was what I was referring to. The IPT had the biggest prize money ever in pool and Efren got 500K for winning at the Venetian. They deducted the maximum of 30% for taxes, leaving him with $350,000. It only took three years for him to get paid.
Incredibly enough, some of the IPT players made out better than their PBT counterparts. I was told by an insider that in the last couple of PBT events, which I think were in 1999, a couple of players were given PBT stock positions in lieu of payment by Don Mackey. It was the beginning of the end.
The PBT under Don Mackey refused to pay out any prize money during the last four stops on the Camel Tour in its final year. The players continued on anyway because Camel had guaranteed the $600,000 in season ending prize money paid out to the top fifteen players (80K to first). Mackey promised the players that he would make sure they were paid after the settlement with Camel, but he ended up going South (literally to Florida) with the settlement money.
Mackey took the settlement money and was never heard from again. The players got played!
Did Mackey ever face any legal charges for this? If no, why not? If yes, what happened?
That hotel rule is kinda chickenshit imo. Wonder if that's a 'keep the matches flowing on-time' deal or a way for MR to guarantee the hotel more $$ 'because they're in on the room rentals. UD: just checked and two people for seven nights(ci 9/12, co 9/19) with discount is $1,043+tax/fees. Call it $1100. That's about $157/ni for two. Not that terrible. Still don't think they should force you stay there. Just tell 'em you're staying with local friends/family and give 'em a local address. Kinda like on Paypal.
Yep, the World tournament paid out quite a bit, they had something kike an 80,000 first prize also, then it dropped pretty signifintatly. I think Earl won it a few times when it was high.
Just another way to kill pool.
I searched on a few travel sites and the lowest i found for those dates was around $90/night for 2. You either need a car or uber/taxi back and forth. So staying at the host venue is not that bad a deal. Being required to do so is what bothers me.
If you read through the rules/regs sheet I posted, it states that competitors must be at Harah's on the 11th (Saturday).
And it was the Japan Open as opposed to the 'All Japan Championship'? They both exist did exist with the latter being the most prestigious this century I believe.
there ya go.
In that case, add about $300 for a Saturday night to the total room cost.
ya....