Gorst dishes on US Open, lopsided prize funds, long race with Filler

I've been following him for a short while, but he moved from his hometown in Finland to be closer to a pool room, and he scrimps and saves so he can travel around the world to attend pool happenings. He's very thrifty, for lack of a better word. If I can find the video/podcast where I learned more about him, I'll share. He is an interesting fellow.
Reminds me of the surfer's. They chase waves entering contests but no real chance to make any money. They were called "Surf bums". Then you also had "Tennis bums". Maybe we need to coin a new term "Pool bums".
 
Reminds me of the surfer's. They chase waves entering contests but no real chance to make any money. They were called "Surf bums". Then you also had "Tennis bums". Maybe we need to coin a new term "Pool bums".
Thanks for sharing your thoughts. I wouldn't label him as a bum of any kind. I sense this thread is starting to take a turn in another direction, which is the norm sometimes.
 
Rogan was pretty instrumental in popularizing UFC due to his commentary and analysis, so maybe he can do the same for pool since he has a passion for it. Even Dana White has listed him as a credit for the UFC's growth. I may not agree with all his conspiracy theories, but he may be what pool needs to become more mainstream.
I'm also not thrilled with most of Rogan's political views, other than his take on the Iran debacle, but the last thing that pool needs is some sort of political test. Rogan obviously loves pool, has done a lot to promote pool, and from what I've seen he's not that bad a player. I'd love to see him enter the Open for the publicity it'd attract to the event. Two thumbs up.
 
Thanks for sharing your thoughts. I wouldn't label him as a bum of any kind. I sense this thread is starting to take a turn in another direction, which is the norm sometimes.
It's a term commonly used.
Definition
"An enthusiast who prioritizes playing (fill in the blank) over work, family, or other responsibilities, often living a relaxed, itinerant lifestyle centered around the sport."
I have known quite a few who fit that definition.

I remember Weenie Beanie in an interview commenting on what it took to be a top player. He made the comment you had to either be rich or be a bum. The game demanded too much time.
 
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Gorst's opinion is simply that, no question. Since Predator is private, no one outside the company knows how it is funding its tour.

Private-market research suggests Predator's annual revenue is $5 million to $6 million a year. Operating profits are likely in the $500,000 to $1 million range if margins are 15% to 20%.

If these numbers are fairly good estimates, I'd be surprised if the marketing budget was millions a year, but good accountants can find ways to stretch ad dollars quite far.

I have to believe Predator is not losing money for the reason you cited. If the company can sustain these purses, great.
Annual revenues of $6 million is not enough to cover salary for 200 employees worldwide and expenditures. Predator does not make its income statement available so I would not give much credence to Internet search values. The same internet search says that the carbon fiber market is about $400 million and Predator is a major producer, so go figure.
 
Annual revenues of $6 million is not enough to cover salary for 200 employees worldwide and expenditures. Predator does not make its income statement available so I would not give much credence to Internet search values. The same internet search says that the carbon fiber market is about $400 million and Predator is a major producer, so go figure.
You make a good point. I do think $6 million sounds light. Very light, in fact. So I dug a little further.

I imagine Predator makes most of its money from cues, though it is of course branching out. Let's say it only got revenue from cues. Predator would have to sell 6,000 cues worldwide, at a cost of $1,000 each, to get to $6 million in revenue.

I've got to figure Predator sells at least 25,000 cues a year in the US alone. Maybe 50,000 or more worldwide. That would put revenue at $50 million a year before the sale of accessories.

Throw in cases, chalk, clothes etc. Maybe that's another $15 million to $25 million.

Looked at it this way. perhaps $60 million to $75 million a year is a conservative estimate. I'd guess $100 million in annual revenue would be toward the higher end.
 
You make a good point. I do think $6 million sounds light. Very light, in fact. So I dug a little further.

I imagine Predator makes most of its money from cues, though it is of course branching out. Let's say it only got revenue from cues. Predator would have to sell 6,000 cues worldwide, at a cost of $1,000 each, to get to $6 million in revenue.

I've got to figure Predator sells at least 25,000 cues a year in the US alone. Maybe 50,000 or more worldwide. That would put revenue at $50 million a year before the sale of accessories.

Throw in cases, chalk, clothes etc. Maybe that's another $15 million to $25 million.

Looked at it this way. perhaps $60 million to $75 million a year is a conservative estimate. I'd guess $100 million in annual revenue would be toward the higher end.
It would be a good if someone can ask Karim about his revenue stream on a Podcast. Someone did ask him about the number of employees and he was willing to answer, but he might be more reluctant on revenues - doesn't hurt to ask though.

Karim said that he would like to see prize money in the PBS increase to about $8 million in couple years so you can rest assured that the Predator company is doing well since it is a major sponsor of the PBS.
 
I may not have explained this clearly before, so let me try again.

What is improving is the number of events happening on American soil. For U.S. players, that matters. Traveling domestically is far less expensive than flying to Europe or Asia, and that alone can make a real difference in a player’s bottom line. If more American pros can stay competitive, and even profitable, because they’re not burning money on international travel, that’s a positive step.

Yes, some players supplement income through cue deals, raffles, and auctions with sponsor products. But let’s be honest. That’s not the same as cash in hand.

At the end of the day, the real issue is payouts. “Build it, and they will come” only works if the numbers make sense. Right now, they don’t. A true full-time professional who consistently turns a profit in pool is still the exception, not the rule. And when you factor in that the cost of living has skyrocketed over the decades, it’s hard to argue that payouts have kept pace.

That said, if players can reduce expenses, the way Finland's Arseni does, and find a way to stay in the black without chasing events all over the world, that’s a step in the right direction.
Yes, well said.
 
You make a good point. I do think $6 million sounds light. Very light, in fact. So I dug a little further.

I imagine Predator makes most of its money from cues, though it is of course branching out. Let's say it only got revenue from cues. Predator would have to sell 6,000 cues worldwide, at a cost of $1,000 each, to get to $6 million in revenue.

I've got to figure Predator sells at least 25,000 cues a year in the US alone. Maybe 50,000 or more worldwide. That would put revenue at $50 million a year before the sale of accessories.

Throw in cases, chalk, clothes etc. Maybe that's another $15 million to $25 million.

Looked at it this way. perhaps $60 million to $75 million a year is a conservative estimate. I'd guess $100 million in annual revenue would be toward the higher end.
Can't forget their own Predator 7ft and 9ft tables, Predator cloth, and Predator Arcos ball set. Not sure how many people have these products in their home, but it also adds up, since they are on the pricier side. They also sell clothing apparel, I've seen a few bangers in the pool hall wearing a Predator sweater/zip-up/quarter-zip and hat.

Speaking for myself, I have a Predator Z3, 314-2, Air II jump cue, and Predator 3x4 soft case. No complaints. Had a glove and towel in the past but didn't really like them.
 
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Can't forget their own Predator 7ft and 9ft tables, Predator cloth, and Predator Arcos ball set. Not sure how many people have these products in their home, but it also adds up, since they are on the pricier side. They also sell clothing apparel, I've seen a few bangers in the pool hall wearing a Predator sweater/zip-up/quarter-zip and hat.

Speaking for myself, I have a Predator Z3, 314-2, Air II jump cue, and Predator 3x4 soft case. No complaints. Had a glove and towel in the past but didn't really like them.
Which Predator case? Looking to get a new one and the Urbain seems like it would suit my needs. I also have Arco balls. My preferred set.
 
Which Predator case? Looking to get a new one and the Urbain seems like it would suit my needs. I also have Arco balls. My preferred set.
This one in black & yellow, but they are discontinued.


There is an Ebay listing for one but it's 4x8 :
 
Prize money is not prize money is not prize money. Pool rooms that host events do so knowing that there're going to lose money. They host/add money as a give back to the players and to advertise the room and maybe try to leave their mark a bit on the sport. Major tournaments are a different matter. They are looking at the bottom line maybe not for the specific event but certainly for the future of the brand they want to promote. I think we need to separate the two when looking at prize monies and the politics of sport.
 
Sorry for hijacking the thread but...

I know people are right when saying that Joe Rogan playing in the US Open would attract viewers but isn't the game beautiful enough to attract viewers on its own? People that would tune in to watch Rogan aren't going to watch the other events he's not participating in.

Why do we always feel we need to have another Hollywood movie about pool with Top Tier actors or a celebrity playing in an event to increase popularity?! They wouldn't even be real fans in the first place!
 
Sorry for hijacking the thread but...

I know people are right when saying that Joe Rogan playing in the US Open would attract viewers but isn't the game beautiful enough to attract viewers on its own? People that would tune in to watch Rogan aren't going to watch the other events he's not participating in.

Why do we always feel we need to have another Hollywood movie about pool with Top Tier actors or a celebrity playing in an event to increase popularity?! They wouldn't even be real fans in the first place!

Pool by itself has always failed to attract large audiences in the modern era unless there were big personalities or charismatic people involved.
 
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