Math
I really would like to see your answer Jason to the question of the difference between league play and a tournament. You are using terminology here that applies to a tournament, ie. prized fund, entry fee, etc..
But, just to make it simple let's look at math from the figures you have provided.
$21,000 total take for the season
$7,700 "prize fund"
$13,300 "profit"
Now, you will admit (I hope) that table time must come out of the profit figure. Your estimate is 18 hours a week. I am very skeptical of that number. Let's make it 27 hours his tables are tied up, though I would bet it's closer to 36 or more that league players are using his tables for the night. At $11 per hour thats $297 per week in table time that league members are getting. Multiply that by 30 and you get $8,910.
Now we're down to $4,390 in profit. Divide that by 30 weeks and you're room owner/league director/league player is getting a whopping $146.33 per week. Hardly worth getting your feathers ruffled over, eh? Toss in a few $3 reams of paper, a couple of $8/hour workers to pay to help out and you are going to be hard pressed to live the high life on, oh say $100 a week.
Even with your numbers for table time it's only a "profit" of $198 a week before any expenses.
If it's a 30 week season, you can really only have 1 1/2 per year. I really don't see a problem here.
I'm guessing that he tried to explain all this to you and you wouldn't listen and he said $*%& it, get out of here I don't need you. Just a guess, but I think I'm not too far off based on your responses to this thread.
Good luck to you.
MM
I really would like to see your answer Jason to the question of the difference between league play and a tournament. You are using terminology here that applies to a tournament, ie. prized fund, entry fee, etc..
But, just to make it simple let's look at math from the figures you have provided.
$21,000 total take for the season
$7,700 "prize fund"
$13,300 "profit"
Now, you will admit (I hope) that table time must come out of the profit figure. Your estimate is 18 hours a week. I am very skeptical of that number. Let's make it 27 hours his tables are tied up, though I would bet it's closer to 36 or more that league players are using his tables for the night. At $11 per hour thats $297 per week in table time that league members are getting. Multiply that by 30 and you get $8,910.
Now we're down to $4,390 in profit. Divide that by 30 weeks and you're room owner/league director/league player is getting a whopping $146.33 per week. Hardly worth getting your feathers ruffled over, eh? Toss in a few $3 reams of paper, a couple of $8/hour workers to pay to help out and you are going to be hard pressed to live the high life on, oh say $100 a week.
Even with your numbers for table time it's only a "profit" of $198 a week before any expenses.
If it's a 30 week season, you can really only have 1 1/2 per year. I really don't see a problem here.
I'm guessing that he tried to explain all this to you and you wouldn't listen and he said $*%& it, get out of here I don't need you. Just a guess, but I think I'm not too far off based on your responses to this thread.
Good luck to you.
MM