Fusco's - Just An Opinion - (IPT)

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4065

Registered
This is my position on how I stand with the IPT and what I went through. I went to Florida just to watch I didn't play. I spent about $1,700 and had to fly there. I hate flying scared to death but decided to go because I didn't want to blow what might be a great opportunity for me.The next tournament in LA I couldn't go because my daughter was sick in the hospital. After that I again forced myself to get on a plane and go to Reno. There I spent about $1,500. Since I have been in the IPT I've played in one tournament (Reno). I played 3 matches lost 8-7, 8-7, 8-5. I have $5,000 coming from the IPT, I spent about $3,200. If I accept the 1/3 of the $5,000 I will still be at a loss of about $1,500. I think that working with KT and accepting 1/3 of the money is the smartest thing to do. Hoping that he can continue the IPT and make things bigger and better.


I don't know KT personally but evidently he's having a few problems and must need time to solve them and hopefully get things going again. Who really knows?


On the other hand, I feel that if I refuse 1/3 of the money I'm not giving the IPT a chance to continue if at all possible. What I would be doing is forcing KT to get ready for a major lawsuit that can take years and maybe not get any of the money anyway. And what about the people that spent money trying to qualify? If the players decide to sue KT and not take 1/3 of the money it would kill any chance the qualifying players would have of recuperating any of their moneys. This is just my opinion "go along with the program" maybe, just maybe, things will get better. I'm not taking sides I'm just a gambler taking what I think is my best shot.
 
4065 said:
This is my position on how I stand with the IPT and what I went through. I went to Florida just to watch I didn't play. I spent about $1,700 and had to fly there. I hate flying scared to death but decided to go because I didn't want to blow what might be a great opportunity for me.The next tournament in LA I couldn't go because my daughter was sick in the hospital. After that I again forced myself to get on a plane and go to Reno. There I spent about $1,500. Since I have been in the IPT I've played in one tournament (Reno). I played 3 matches lost 8-7, 8-7, 8-5. I have $5,000 coming from the IPT, I spent about $3,200. If I accept the 1/3 of the $5,000 I will still be at a loss of about $1,500. I think that working with KT and accepting 1/3 of the money is the smartest thing to do. Hoping that he can continue the IPT and make things bigger and better.


I don't know KT personally but evidently he's having a few problems and must need time to solve them and hopefully get things going again. Who really knows?


On the other hand, I feel that if I refuse 1/3 of the money I'm not giving the IPT a chance to continue if at all possible. What I would be doing is forcing KT to get ready for a major lawsuit that can take years and maybe not get any of the money anyway. And what about the people that spent money trying to qualify? If the players decide to sue KT and not take 1/3 of the money it would kill any chance the qualifying players would have of recuperating any of their moneys. This is just my opinion "go along with the program" maybe, just maybe, things will get better. I'm not taking sides I'm just a gambler taking what I think is my best shot.
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A fair response from someone who knows you pretty well.
 
4065 said:
I think that working with KT and accepting 1/3 of the money is the smartest thing to do. Hoping that he can continue the IPT and make things bigger and better.
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Just out of curiosity (honest question & not trying to give you a hard time)

What is it or what was said that leads you to believe that there will be an IPT next yr?

Thanks
 
4065 said:
This is my position on how I stand with the IPT and what I went through. I went to Florida just to watch I didn't play. I spent about $1,700 and had to fly there. I hate flying scared to death but decided to go because I didn't want to blow what might be a great opportunity for me.The next tournament in LA I couldn't go because my daughter was sick in the hospital. After that I again forced myself to get on a plane and go to Reno. There I spent about $1,500. Since I have been in the IPT I've played in one tournament (Reno). I played 3 matches lost 8-7, 8-7, 8-5. I have $5,000 coming from the IPT, I spent about $3,200. If I accept the 1/3 of the $5,000 I will still be at a loss of about $1,500. I think that working with KT and accepting 1/3 of the money is the smartest thing to do. Hoping that he can continue the IPT and make things bigger and better.


I don't know KT personally but evidently he's having a few problems and must need time to solve them and hopefully get things going again. Who really knows?


On the other hand, I feel that if I refuse 1/3 of the money I'm not giving the IPT a chance to continue if at all possible. What I would be doing is forcing KT to get ready for a major lawsuit that can take years and maybe not get any of the money anyway. And what about the people that spent money trying to qualify? If the players decide to sue KT and not take 1/3 of the money it would kill any chance the qualifying players would have of recuperating any of their moneys. This is just my opinion "go along with the program" maybe, just maybe, things will get better. I'm not taking sides I'm just a gambler taking what I think is my best shot.
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With all due respect, it's no different then making a game and you haven't even begun to negotiate and you are ready to give in. I think you guys should settle but get that offer up a little. I once had a lawyer during a mediation advise me to take an offer of $12,000, I said no. In two days we got it up to $90,000 which was just short of the number I had in mind anyway and I settled. It is too early to settle and KT is has a dialogue going now, see where it leads.
 
just so most of the die hards that want the ipt to end don't waste their energy, i want to let u know petey made this post on my acct. just like the vast majority of ipt players he hears things off the forums and doesn't really post or reply.
this isn't a direct shot at u timberly seeing as ur ? seemed sincere with no bad intentions behind it, however know that not to many replies are gonna come from petey himself.
it is his opinion that his perspective might shed another form of light on what is a very dim situation.
one thing i will say to all those who are involved either directly or indirectly, even if the only thing that comes from this is unity amongst the players then as the saying goes everything happens for a reason
 
4065 said:
This is my position on how I stand with the IPT and what I went through. I went to Florida just to watch I didn't play. I spent about $1,700 and had to fly there. I hate flying scared to death but decided to go because I didn't want to blow what might be a great opportunity for me.The next tournament in LA I couldn't go because my daughter was sick in the hospital. After that I again forced myself to get on a plane and go to Reno. There I spent about $1,500. Since I have been in the IPT I've played in one tournament (Reno). I played 3 matches lost 8-7, 8-7, 8-5. I have $5,000 coming from the IPT, I spent about $3,200. If I accept the 1/3 of the $5,000 I will still be at a loss of about $1,500. I think that working with KT and accepting 1/3 of the money is the smartest thing to do. Hoping that he can continue the IPT and make things bigger and better.


I don't know KT personally but evidently he's having a few problems and must need time to solve them and hopefully get things going again. Who really knows?


On the other hand, I feel that if I refuse 1/3 of the money I'm not giving the IPT a chance to continue if at all possible. What I would be doing is forcing KT to get ready for a major lawsuit that can take years and maybe not get any of the money anyway. And what about the people that spent money trying to qualify? If the players decide to sue KT and not take 1/3 of the money it would kill any chance the qualifying players would have of recuperating any of their moneys. This is just my opinion "go along with the program" maybe, just maybe, things will get better. I'm not taking sides I'm just a gambler taking what I think is my best shot.
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The problem I have with that (Jimmy or Pete) is all the e-mails we have received. If KT would have stuck with 1 theme maybe.....but he has said too many things that now...........I am dizzy.
I say until the "word" and the "deed" becomes "one" there is no "Truth".
Pop the champagne, wire transfer, priority mail, the deal is done......and now told 1/3 to some of the players?

KT was adamant about rules and professionalism and the players did live up to the rules for the IPT. The greatest players in the World gave their all, some came on a shoe string but they followed the rules and played their hearts out. I watched as a Great player was disqualified because of his Tip, he didn’t know………1 of the rules "don’t tell me you DIDN'T KNOW” face the consequences NO chances…………..he was gone! And this player walked away with Class………..it was the Rule. He should have checked he took full responsibility. He was bummed you betcha’, but he bit the bullet and took his seat in the bleachers to watch the greatest Tour that Ever came to our Sport.
Whatever the consequences KT hopefully will apply the rules, bite the bullet and make this RIGHT. Walk away if you must but do it with Class write the checks. It is not how strong a person starts that matters it is how he finishes.

Robin Dodson
 
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Has anyone made any attemps to contact the Ho people and see what spin they are putting on all of this? This might, at least, give an indication of weather KT and Ho will ever be on the same track.
 
ginsu said:
Has anyone made any attemps to contact the Ho people and see what spin they are putting on all of this? This might, at least, give an indication of weather KT and Ho will ever be on the same track.
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People here have tried emails and I think a few tried phone calls. If there were something going on, I doubt they would say anything. Honestly, my opinion.... there never was a deal or even talks of one.

KT has proven himself to be one heckuva liar and the Ho deal just didn't make sense to many people anyway. I would be very surprised to find out that there was ever any talks.
 
So far, 3 of the older generation champions (Pete, Jimmy, and Allen) have tried to persuade the players to take the money in order to try to keep the tour going. While most of the younger players according to the forums are leaning towards suing the IPT and trying for all the money. Is this just a coincidence? Or is there something to the generation difference and that Sigel is part of the 3 aforementioned champion's generation?

Jimmy, please don't think I'm trying to scare you away. It is an observation and I was wondering if the older generation feels differently than the younger generation of players.
 
they both just look at it as what do u have 2 lose, by waiting? truthfully it doesnt seem like anything positive will come of this, and it certainly only has one way to go if the ipt's hand is forced.
 
iusedtoberich said:
So far, 3 of the older generation champions (Pete, Jimmy, and Allen) have tried to persuade the players to take the money in order to try to keep the tour going. While most of the younger players according to the forums are leaning towards suing the IPT and trying for all the money. Is this just a coincidence? Or is there something to the generation difference and that Sigel is part of the 3 aforementioned champion's generation?

Jimmy, please don't think I'm trying to scare you away. It is an observation and I was wondering if the older generation feels differently than the younger generation of players.
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Maybe MIkes friends are getting full pay if they try to convince the yungsters to take the bad deal.
 
Without wishing to bash you for what many would consider I fairly naive approach may I suggest this. Print out all the emails KT has sent you over the last couple of months. cross out all the "SPIN" such as "pop the champagne", "special gift", "bigger and better" etc etc and read between the lines. Start by reminding yourself of what the tour was built on, KT personal guarantee that the tour prize money was secure in escrow for the first 2 or 3 years. Try to remove yourself from what you dream about for pool or what you would love to see (this is what types like him prey on).

If after that you still wish to give him the benefit of the doubt then you absolutely MUST do one thing. Send him an email and say that the absolutely only way you will accept 1/3 payment is if the 2007 season dates and prize money are contained within the contract and that if this season is not paid in full he will owe you the full $5000 dollars (eg 100%)

My feeling is he would not agree to this in a million years because once you have bought into the 1/3 deal there will be more terrorists threats, more gambling legislation twists etc that he will use to pull out of the tour altogether.

Whatever you do I wish you good luck, just don't do anything alone.
 
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