IPT Slow To Pay

[JAM]

What we have here is a " Gleefull Gloater ".:

I'm am happy with glee that Jay got paid, but I ain't a gloatin'.

Jay receiving the check is certainly good news. As stated previously, I do empathize with his position.

I am glad it worked out myself. I will tell ya this JAM, if the whole thing falls apart I will not gloat about it. I am a KT skeptic but do not wish any harm on anyone. I will ask you this, if Keith was in the same situation for 6 weeks, how would you feel.

Keith got paid immediately at the conclusion of the KOTH in Orlando; thus, my experience with the IPT.

The subject has been beaten to death about the prognosis of the IPT's success. Every single pool player I know who is a part of the IPT tour is grateful, appreciative, and is very much looking forward to the commencement of the actual tour, and as such, they have a renewed sense of enthusiasm about a future in the sport.

Most and not all of the skeptics, quite frankly, are on the outside looking in. For some and not all, finding fault with the IPT comes easy, and for others, the prospect of a legitimate tour which pays out DECENT -- I repeat, DECENT -- payouts is very attractive. Yes, my opinion is slanted towards the players and their HOPE for a successful IPT.

Many a person within pool's culture has tried to elevate the sport in times gone by. Pool in the United States is at the bottom of the totem pole when it comes to FANS. The AzBilliards' "regulars" have read posts relating to organizations which have come and gone, many of which FAILED due to politics and greed from within.

Along comes the IPT with an infusion of capital, a level playing field, and a future for aspiring pro players and prospective pro players from around the world, and before it gets off the ground, the first "official" tournament not having taken place yet, there are some who seem to be rooting for its demise.

Say what you want about Kevin Trudeau and the IPT. To date, there has been a battle of the sexes in Vegas which provided some much-needed publicity, and then came along the million-dollar-purse KOTH in Orlando, the BIGGEST ever in the history of the sport, when 42 players were guaranteed $6,200 to $30,000 just for showing up.

I cannot forget how the players were treated in Orlando, a first-class affair like none I have ever seen in my life, a green room with a catered buffet, masseuses on site, showers, exercise equipment, and Lazyboy lounge chairs to take a nap. The pool players were treated like kings and queens, and when they were presented their checks, some of them couldn't fight back the tears that welled up in their eyes.

You've gotta crawl before you walk, and as is the norm with any new organization, there will be bumps along the road. Fortunately, the IPT has the capability to remove the bumps and effect a legitimate tour, and I believe that the best of the BEST as it pertains to pool is yet to come.

Wouldn't it be nice to just see how the very first IPT tournament turns out? JMHO, FWIW.

JAM

 

[jay helfert]

Hi Jay. I'm happy it's been resolved.

Out of curiosity, since people were inferring things based on KT's announcement that it was a personal "gift" (and not prize money), was the check written from KT's account, or the IPT?

Thanks,
Steve

Steve, it was an IPT check.

 

[wayne]

The great players are "The Show" and without them the IPT has no product.

I don't know about this statement Jay. I believe the key to success is the advertisers and the viewers. Great players are not needed for the product. Good players who are controversial, interesting or with great personalities would be more welcome than great players who are boring to watch. Watching some of the great players is painful at times and they couldn't hold an audience if the audience was paid to watch. Watching Johnny Archer picking lint or waiting forever to watch a top pro make a routine shot (Charlie Williams, Ralf Souquet, Jeremy Jones) etc. etc. is just plain dull and is going to require a lot of editing to hold a TV audience.
Ronnie Allen, Vivian, Keith, Earl, Jeannette, Alex or anyone else who is a good player or great player with some life and personality makes for a better product.

(Glad you finally got paid).

Wayne

 

[Curt]

Jay, Glad to hear you were paid. Any thoughts on why you & Cliff were singled out, or have you heard of others who also were not paid?
Just curious

 

[jsp]

...I cannot forget how the players were treated in Orlando, a first-class affair like none I have ever seen in my life, a green room with a catered buffet, masseuses on site, showers, exercise equipment, and Lazyboy lounge chairs to take a nap. The pool players were treated like kings and queens, and when they were presented their checks, some of them couldn't fight back the tears that welled up in their eyes...

...Wouldn't it be nice to just see how the very first IPT tournament turns out? JMHO, FWIW.

Actually, we already know how the "very first IPT tournament" turned out. You just mentioned it two paragraphs ago. The IPT's first tournament was the KOTH last year and, from what I heard and read, it was a huge success.

You bring up a great point how the players got paid immediately after the competition. If that is the way the prize money was paid out for their first tournament, why not expect that this would be the case for the tournaments to come?

The reason I feel these bonus checks took so long to pay out is because they were not prize money, as I mentioned earlier. It seems like KT created these bonuses as a spur of the moment incentive to encourage the players to play at their very best. Because of the spontaneous nature of these bonuses, I wouldn't be surprised at all if there were some accounting and financial snags that came about to properly bookkeep and fund these bonuses.

I'm sure that predetermined tournament prize money would be a different story. The IPT and the public knows exactly how much prize money will be paid for the upcoming tournaments, and I'm sure the finances will be in order when the time to pay the players immediately after the tournament.

One last thing...has anyone ever thought of the possibility that Jay's check actually did get lost in the mail? You know, it does happen.

Jay, glad you got your check!

 

[sixpack]

...interesting stuff deleted...

One last thing...has anyone ever thought of the possibility that Jay's check actually did get lost in the mail? You know, it does happen.

Jay, glad you got your check!

The post office workers in Chicago are notorious for stealing checks and cash from mail.

Cheers,
RC

 

[pete lafond]

Hey Jam.

Regarding lost mail. I had more difficulty with the PO sending product out over the last 2 months. For some reason mailings were late and in several other cases the packaging label got torn and the package returned to me.

Given that I am sending product, I can send out again if someone calls stating they did not receive. However if it were a check, I would probably wait to receive the returned mail before sending another $5,500.

Anyway, in addition to mail experience there may have been other reasons. I have started up a few businesses and understand that certain things have to be in order before payments can be made or otherwise risk scrambling later. Accountants are nit picky and for very good reason.

Whatever the case I am glad all worked out and I do believe that the IPT, and I nothing invested in it, is a potential godsend and have no reason to believe otherwise. Even scheduling conflicts will probably be laughed at in the future as every looks back and is amazed at how they were able to get this whole thing off the ground. I personally am anxious to see some great matches on TV.

I know there are still skeptics but I also believe these folks are familiar with getting burned and have good reason for their opinions. I do expect and hope they will be given the opportunity to see success and many reap as well.

 

[JAM]

Actually, we already know how the "very first IPT tournament" turned out. You just mentioned it two paragraphs ago. The IPT's first tournament was the KOTH last year and, from what I heard and read, it was a huge success.

Let me please rephrase my words for a better clarification of what I was trying to state in my previous thread.

The FIRST tournament of the FIRST season of the IPT tour has not occurred yet.

The 2006 season has not actually commenced of the IPT tour. The FIRST tournament will occur in Las Vegas this coming July.

The previous Vegas King of the Hill event, which occurred last year, was a publicity venture for the IPT in the form of a battle of the sexes.

The King of the Hill event in Orlando, though termed as a "tournament," is not, in fact, an "official" event or "tournament," if you will, on the 2006 season of the IPT tour.

In essence, the IPT tour hasn't started yet. Qualifiers, King of the Hill in Vegas, and the King of the Hill in Orlando have taken place. I believe the BEST is yet to come when the very FIRST tournament of the IPT tour commences.

Now is the time for all good IPT players to come to the aid of their tour. The Venetian will be the first stop on the official IPT tournament trail, IMHO.

JAM

 

[jjinfla]

Well Jay, I predicted Wednesday and was only a day off.

If in fact they did send out your check and it was lost then they would have to put in a stop payment on that check before sending out the new one. And it would be only prudent to give some time for the first check to arrive.

And why not consider these checks as gifts? At the first qualifier and every one after no one knew that they would be awarded bonus prizes by KT. Call them incentives to the players to play harder. Call them awards to the players just because KT is a nice guy and wanted to give some extra money to the players.

And how does he get rewarded? They try and steal from him in the bank the 8 prize.

But I thought he announced that the bonuses would be mailed out after all the qualifiers were finished. That would be after March 12th.

Anyway, you got your check. Your horse didn't make it and you most likely were not going to back him anymore anyway. But at least you came out ahead. That's a lot better than Danny Harriman made out. He is still waiting for his check. Is it in the mail?

Jake

 

[jjinfla]

Jam,

Only 108 more days until the first tournament. And that is when the fun really starts.

Jake

 

[Jimmy M.]

I feel like Nostradamus. Didn't I predict the "I told you so's" and the "took long enough's"?

For a small fee I'll let you guys in on the winning lottery numbers this coming weekend. I take paypal.

 

[Curt]

Jake, What winnings are you saying Danny Harriman is waiting for? From the IPT?

 

[Timberly]

Jake, What winnings are you saying Danny Harriman is waiting for? From the IPT?

I believe Jake was being facetious and talking the money still owed to Danny from past tournaments, not the IPT.

 

[Rude Dog]

I feel like Nostradamus. Didn't I predict the "I told you so's" and the "took long enough's"?

For a small fee I'll let you guys in on the winning lottery numbers this coming weekend. I take paypal.

Will ya take a check?

 

[JohnnyP]

Ran seven racks and didn't make it?

I guess that's only one match. How many matches did he have to win to get in?

 

[sniper]

I'm glad to hear that Jay finally got his check, $5500 is a considerable chunk of change.

 

[TheOne]

I feel like Nostradamus. Didn't I predict the "I told you so's" and the "took long enough's"?

For a small fee I'll let you guys in on the winning lottery numbers this coming weekend. I take paypal.

That is some funny $hit lol, the funny thing is the silence was deafening at the start.

Good to see he got paid though, sad to see he had to resort to the forums after getting slammed on the phone and waiting a month in silence

 

[jjinfla]

Jake, What winnings are you saying Danny Harriman is waiting for? From the IPT?

No, not the IPT, they are honorable people who pay their debts. I'm referring to the deadbeats at the US Open and UPA who Danny says owes him money.

Jake

 

[jjinfla]

Good to see he got paid though, sad to see he had to resort to the forums after getting slammed on the phone and waiting a month in silence

Actually, if the checks were to be sent out AFTER the last Qualifier which ended on March 12th and you give the IPT a week to gather all the data then it really wasn't all that long. More like two weeks. Not something I would worry about.

Ever send in a rebate form? It is now taking 8 weeks to receive your check.

Another 6 weeks before the next qualifier. What will we have to talk about? It sure will be dull around here.

Jake

 

[TheOne]

Actually, if the checks were to be sent out AFTER the last Qualifier which ended on March 12th and you give the IPT a week to gather all the data then it really wasn't all that long. More like two weeks. Not something I would worry about.

Ever send in a rebate form? It is now taking 8 weeks to receive your check.

Another 6 weeks before the next qualifier. What will we have to talk about? It sure will be dull around here.

Jake

Hi Kevin, I mean Jake, all I know is that Jay put up his money in advance then waited a month before he actually came on the forums to share his frustration. For this it seems he got berated. It's good that it got sorted but I think it shouldn't be forgotten that Jay and others who knew about players not being paid gave the IPT the benifit of the doubt in the hope that it was an administrative error.


6 weeks to go, hmmmm, we could have an IPT cheer leading sing song, followed by a group hug, some funky new high fives and whooping, and round it off with a 20 minute kissfest?