iba7467 said:
I don't believe anyone here thinks the APA or any other league should not make money, but the percent paid out is awful. Here is APA info, feel free to check it.
Local
Pay-in
247 teams
$331,740 total $$$ paid (not including membership fees)
Pay-out
7 teams
$24,500 total $$$ paid (only if winning team actually travels to Vegas)
7.4% of revenues paid in prize $$
National
Pay in
250,000 members
$5,000,000 in league dues ($20 per member)
$9,xxx,xxx in league fees (estimated from local membership $:national membership @ 20% franchise fee)
Pay out
$200,000 total
1.4% of revenues paid in prize $$
If I were your teacher, I would have to give you an "F-" for your math skills.
First off, you list 247 teams. Unless your league operator charges league fees for bye weeks, you should not add in fees that aren't collected. We know there was at least 1 bye team because you have an odd number of teams, but I'd venture to guess in a league that size there are at least 15 to 20 teams who have a weekly bye.
Secondly, does your LO honestly only pay out for Vegas teams? Yours would likely be the only one, and I don't honestly believe any LO could build up close to 250 teams by giving next to nothing back to the league members, whether it be in the form of cash prizes, trophies, awards, etc....
If you aren't going to include everything that gets paid back, how can we expect to take you seriously? In my local league, Vegas has a tremendous amount that gets paid back to the players, but it's only a drop in the bucket compared to what gets paid back at the end of each session.
My league is a little bigger than the one you play in, but my league paid back more than $250,000 locally last year in the form of cash, awards, prizes and trips to Nationals. Are you honestly going to sit there and tell me that your LO only paid back $24,000?
Moving along to your National membership, once again you have failed to calculate the money collected correctly. You have completely ignored that nearly 1/3 of the yearly members are prorated renewals, which is half the amount of a normal membership.
Your $9m estimate in royalties is not even a close estimate. I don't even want to venture a guess on how you even came up with that number, but I'm going to assume that you took the entire membership number and calculated 52 weeks of play x weekly league fees divided by 20%. If that's how you calculated this, I wouldn't even know where to begin to point out the flaws in your equation. If that's how you came to that number, all I can say is that it would be the equivilent of telling everyone here that 2 x 2 equals 20. You can tell everyone here that 2 x 2 equals 20, but it doesn't make it true.
The saddest part of this is that people are going to read your 3rd grade failed math test and be convinced that APA is simply ripping people off.
Where exactly did you come to the conclusion that APA only pays out $200,000 at the National events? Once again, perception is not reality.
What I'd encourage you to do is contact your local LO and ask them what gets paid back. I've had quite a few league members ask me where all the money goes. After I break it all down for them, they are usually quite content that a significant portion of their fees is paid back.
Truth be told, if you really wish to educate people here on what APA pays out, it might be a good idea to have an inkling of an understanding of what gets collected and what gets paid out. You clearly do not know this information.
In essence, all you have really accomplished with your post is to spew utter nonsense.
There have been so many posts made on AZB that point out that it is a detriment to the pool playing industry to sit there and bash the pool playing insitutions around the country. APA isn't for everybody, and maybe it's not for you. However, APA has and continues to bring new people into this sport, which I don't think anyone can deny is a good thing for the sport of billiards. Your outlandish post has already discouraged at least one person just in this thread from participating in APA.
Your attempt to misinform everyone on how much APA pays out would be comparable to me attempting to balance the fiscal budget of the US government. I don't have all the necessary information to even begin such an undertaking, and I wouldn't expect anyone to take me seriously when they saw my final numbers, because when all is said and done, all I would really accomplish is to prove to others that I'm clueless.