To help us understand, Jason, please answer a few questions for us.
As I understand from your numbers below, he's keeping a little under $9 per player per night.
Is he providing the table time for this?
If so, then for how long may the teams use the tables? (i.e., can you show up early to warm up and/or stay late?)
What is the hourly rate he usually gets for these tables?
Are there any other benefits, such as a free drink?
Is he keeping track of standings, statistics, rosters, etc?
Were there any ancillary tournaments with added money?
The bottom line is the $9 might be unreasonable, and it might not be unreasonable.
But for you to label it "prize money" and complain that he's keeping your "prize money" in a public forum seems unreasonable to me without providing more detail.
As I understand from your numbers below, he's keeping a little under $9 per player per night.
Is he providing the table time for this?
If so, then for how long may the teams use the tables? (i.e., can you show up early to warm up and/or stay late?)
What is the hourly rate he usually gets for these tables?
Are there any other benefits, such as a free drink?
Is he keeping track of standings, statistics, rosters, etc?
Were there any ancillary tournaments with added money?
The bottom line is the $9 might be unreasonable, and it might not be unreasonable.
But for you to label it "prize money" and complain that he's keeping your "prize money" in a public forum seems unreasonable to me without providing more detail.
Jason Robichaud said:Well, I used the number 10 Russ so it would be easy math. Not really, we did have 10 teams. Each team has 5 players and we pay $14 each per week for 30 weeks.
So first, 10 x 5 = 50 weekly players x entry $14 = $700 weekly
Second 700 x number weeks playing 30 = $21000
Third, the amount he is paying out... He showed me the payouts $7700
Profit/ripping off of prize money $13,300. Close enough to $14,000 for me.
If he flipped the numbers it wouldn't have been so bad, but 63.3% I believe is too much. Since you are probably billing the Gov at least 63% higher than you could bill a normal company this number might be low to you.
Did you have time to get the popcorn?