There is a need if you want to claim any understanding of how the APA works. Wow...
KMRUNOUT
APA Cost Analysis vs Pro Tour
- Thread starter Flip_dat_Quarta
- Start date
There is a need if you want to claim any understanding of how the APA works. Wow...
KMRUNOUT
fair enough
That is probably the only accurate thing in your entire post.
Rosters are 8 player not 9 so adjust your ignorance from there.
Flip_dat_Quarta
Banned
It doesn't matter who gets which portion of the money. Whether it's a franchise owner or the corporation. The fact is there is a boat load of money coming in and an extremely large profit margin. Please explain how my revenue calculation is so wrong? The franchise owners and the corporation collectively.
Judging by every other post you've made, I don't think you understand what this phrase means.
Flip_dat_Quarta
Banned
Hahaha i can see that lol. The APA doesnt have to do anything with their money. I respect that. All I'm saying is they have the funds available.
I'm sure they have some funds, but I really doubt that they have the kind of money that you're talking about. They still have other monies behind the APA but they no longer have the
big multinational conglomerate like an RJ Reynolds or Anheiser Busch. I think that fat green that they used to have just doesn't exist anymore
Flip_dat_Quarta
Banned
What is your estimate/assumption based on?
Vivian Marran
Registered
God bless anyone making money in this game.
Edited as I choose not to speculate how much they do or do not make. As its none of my business and owe no one anything. Good day
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The APA used to sponsor such events back in the days of the Camel Pro Tour and the Bud Light Pro Tour. I believe that 11 or 12 events per year. Back then they ran a couple of the events side by side with APA events. They don't do that anymore. Pool was at it's zenith back then and now the APA has far fewer teams now. They still boast 250000 or 300000 members but I would bet the rent those numbers are padded. I used to play on 3 or 4 teams back then, now I'm on one. They get people to sign up and play, but maybe for one session. If those players sign up they are issued a number and that number remains on the APA role for the year, they may never even pay or play.
I think one of the more telling things is the number of LO''s that have "retired" lately. Fact is many of the LO's that "retired" fell below their contractual obligations and either sold and retired or had the franchise reclaimed by the APA and resold to new money. So until the new money falls apart and is again resold, the numbers are crunched and it remains profitable, tben the cycle starts again. If you can ever get certain APA folks talking you'll find that there is money, but not enough to gamble with.
Can you possibly imagine any other reason that The APA wouldn't back an American Pro Tour other than it's not profitable and they don't have the time or t he money to make it profitable. Something like that would mean you are pretty much the sole investor trying to jump start an industry that has passed it's profitable life. It would be like investing in a VHS rental store or bell bottoms, both have a following, but a cult following. They would need to partner with a big corporate sponsor, and without pool being so much as an Olympic event, without recognizable names like Minnesota Fats or Steve Mizerak there just isn't the public interest for a real Pro Tour to make money.
I have always thought that The APA should focus on one event - a side by side with the National Team tournament. Now that I think would be doable and profitable because it would draw so many more than just APA players, and if such an event had different things that was open only to APA players (not everything, just some things) The APA would be able to truly expand their membership. Something like that could jump start the industry, but the initial investment would be enough to scare off anybody
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Most of those awards are for being easily entered with little money.
“Top 100 Low Cost Franchises” 2011 – 2016
“Top Low-Cost Franchises” 2012 – 2015
#45 “Top Low-Cost Franchise” 2015
“Top 100 Low Cost Franchises” 2011 – 2016
You must know why they are 'low cost', low cost means low return. A franchise is an
investment, the more money involved the higher return is. Even the APA knows this
and charges more $$$ for different areas. Rural Kansas does not pay for the same
benefits as say Metropolitan St. Louis...
So lets' say the APA decided to put some money into FlipDatQuarta's idea, how many events would you suppose we would be talking about, what would be the pay out per event and the total pay out when it was over? What's the overhead to run an event? How would you guarantee the attendance and participation of SVB and the rest of the Mosconi Cup team, the Pinoys, some of the Europeans, or would you even want The Asians and Euros there.
I always thought if I were to win the billion dollar PowerBall I'd plan and put on one giant event. If I had that kind of money it wouldn't be a problem to do one giant event, could the APA do a series with limited money and expect the bigger names to show up?
I always thought if I were to win the billion dollar PowerBall I'd plan and put on one giant event. If I had that kind of money it wouldn't be a problem to do one giant event, could the APA do a series with limited money and expect the bigger names to show up?
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The APA acknowledges the existence of, but has never seriously pursued, the professional players (define that however you want) that roam the poolhalls of America. Very doubtful they will be throwing any money in that direction. No reason to.
The market the APA is after are the lessor skilled, but very motivated, recreational players who start out playing a few times a week, when they stop off at the local tavern on their way home from the day job. This category of players have the pro category outnumbered by 10 to 1, 50 to 1, 100 to 1..... pick a number. The amateurs will always have the pros (or wanna be pros) outnumbered by a big margin. The APA recognizes this and directs its efforts towards the larger (perhaps lessor skilled, but still having fun) segment.
The original few posters numbers are way off as the approx 280 LOs are first in line at the trough for their share of that $42.5 million (not even close, but that is the number I quote). The APA national office has to live off of its royalty (around 20%) share of the weekly match fees the players pay in. Multiple that 20% by a few hundred thousand players who play each week and that is what the national office uses to pay its bills and fund the Vegas events. The other approximately 80% is what the LOs use for their office expenses, to fund local tournament events and for their compensation as franchise owners. Yes, at that level it is a business.
The APA is NOT starving, nor are the LOs , but every penny made by any LO has been voluntarily put in that weekly envelope by the players. When players feel they are getting their monies worth, having fun, and have a fair chance to win every week they keep on coming back to the APA. Thousands of them, since 1979.
Just the existence of threads like this one prove the popularity of the APA. Even you guys that don't like it keep coming back to say so. LOL
FULL DISCLOSURE - I was an APA League Operator for 36 years until retirement a few months ago.
The market the APA is after are the lessor skilled, but very motivated, recreational players who start out playing a few times a week, when they stop off at the local tavern on their way home from the day job. This category of players have the pro category outnumbered by 10 to 1, 50 to 1, 100 to 1..... pick a number. The amateurs will always have the pros (or wanna be pros) outnumbered by a big margin. The APA recognizes this and directs its efforts towards the larger (perhaps lessor skilled, but still having fun) segment.
The original few posters numbers are way off as the approx 280 LOs are first in line at the trough for their share of that $42.5 million (not even close, but that is the number I quote). The APA national office has to live off of its royalty (around 20%) share of the weekly match fees the players pay in. Multiple that 20% by a few hundred thousand players who play each week and that is what the national office uses to pay its bills and fund the Vegas events. The other approximately 80% is what the LOs use for their office expenses, to fund local tournament events and for their compensation as franchise owners. Yes, at that level it is a business.
The APA is NOT starving, nor are the LOs , but every penny made by any LO has been voluntarily put in that weekly envelope by the players. When players feel they are getting their monies worth, having fun, and have a fair chance to win every week they keep on coming back to the APA. Thousands of them, since 1979.
Just the existence of threads like this one prove the popularity of the APA. Even you guys that don't like it keep coming back to say so. LOL
FULL DISCLOSURE - I was an APA League Operator for 36 years until retirement a few months ago.
allocated? Your voting for bernie sanders aren't you lol The money comes in from the players into the company. they keep there promise and send winners to vegas what's done with the money left over is there business. If they choose to put money into a pro tour that's on them but should be expected or forced to. Allocated..lol
The APA is a for profit business. As such their business plan is totally geared towards AMATEURS. Amateurs is where the money is for them. I do agree it would be awesome if somehow, someday there was a pro tour with big sponsors and big money to go around for many. It would be even greater if there was some type of " farm " system too. It would be great if APA was in fact that " farm " system. But the reality is that it just is not that way right now; and it may or may not ever be but at the end of the day the APA nor its operators do not " owe " any of the " pros " a damp thing as far as I can see IMHO. That may happen at some point in the future but as many others have said I believe that BEFORE that could ever happen the " pros " need to get their own stuff in order and become " organized " or whatever you would like to call it.
Please explain what is wrong with having a high profit margin? Do you not understand that businesses thrive on profit. The higher the better. If the APA went on Shark Tank, they'd have a deal in the first 2 minutes.
They do, but just the women's events since they are televised.
Thank you for your input!
