I assume what I am writing here is basically out in the public domain now, so here's some of the great things ahead for the IPT as told to the players by KT today.
Expected Prizemoney Payouts
2006 min. 8 million
2007 18 million
2008 26 million
Minimum Payments to 2007 IPT members 'Guaranteed 100,000'.
Payments will come not only from prizemoney, but also for
1. Recruitment of players into the 24 Worldwide qualifying events
2. Licensing commissions of sales from Tables, cloth, chalk, balls, racks, bags, hats, t-shirts, X-Box Pool, DVDs in video rental stores and in Wall Mart type retailers...a percentage of these sales will go to IPT tour players.
3. Corporate exhibitions / appearances
4. Corporate Sponsorships assisted by IPT management
Minimum 2006 player prizemoney is 2,000 for the North American Open and 5,000 for the World Championship, possibly additional payments from merchandising commissions etc.
The venue is fantastic, players have their own room with showers, masseusses, free organic (very tasty) foods.
Anyway, the players were buzzing during and after KT's speech. Several standing ovations. Seems the players, and especialy the players who perform are going to be looked after very well.
Expected Prizemoney Payouts
2006 min. 8 million
2007 18 million
2008 26 million
Minimum Payments to 2007 IPT members 'Guaranteed 100,000'.
Payments will come not only from prizemoney, but also for
1. Recruitment of players into the 24 Worldwide qualifying events
2. Licensing commissions of sales from Tables, cloth, chalk, balls, racks, bags, hats, t-shirts, X-Box Pool, DVDs in video rental stores and in Wall Mart type retailers...a percentage of these sales will go to IPT tour players.
3. Corporate exhibitions / appearances
4. Corporate Sponsorships assisted by IPT management
Minimum 2006 player prizemoney is 2,000 for the North American Open and 5,000 for the World Championship, possibly additional payments from merchandising commissions etc.
The venue is fantastic, players have their own room with showers, masseusses, free organic (very tasty) foods.
Anyway, the players were buzzing during and after KT's speech. Several standing ovations. Seems the players, and especialy the players who perform are going to be looked after very well.
