Keeping It Real...

Fatboy

Fatboy

AzB Silver Member
Silver Member
The players didnt create the problem, they are reacting to a problem.

their reaction is debatable, but it is a reaction.



The economy is the problem, and how Barry is handling the economy.


I hope the US Open remains as the "Big Event", America has lost so much in the past few years, losing this would be bad. But in its current form it aint working. And has been broken for the past 8-10 years, each year its getting a little worse. And thats what the players are responding too.

So what needs to be done is it must be re-organized. Barry has 1000 league players and a 75 table room(thats what he told me), he has a venue for a event. His ego is HIS blocking common sense, forget the convention center, all the grand standing, dinner of Chanpions etc. (Thats over for now) and use what you have to make it work.


I'm a biz man I know its a tough pill to swallow, but get real. It aint working. We both know that.


He needs to down size it, who else in biz hasnt downsized? Thats the whole economic problem. Barry aint immune from the market, his ego is causeing the problem. He should cut the event to 128 players and make it happen from his room. Get back to basics. Then in a few years when things are better then expand back to the convention center. And all the glory of that.

Use your head man, thing aint like they were. Guys aint sending players there to play like they did in the past because they cue back. We all cut back.

With the size of your room and your brains Barry-you can make the US Open work and not have all this drama in your life. Your a biz man, use the same smarts you had to get big to work and salvage what you can.

His ego + the players egos= a big mess

Down size the damn thing and get over your self Barry and it will work out for everyone.

and if a 128 player $25K event aint good enough for the players then F*** them too.

Everyone needs to get real, on both sides of the table. It aint what it was. And until everyone realizes that everyone is making a fatal mistake.

best

Eric

702-241-8000
 
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Not a bad idea...you should be a businessman!

Only significant hurdle I see is agreement(s?) between Barry and Diamond- he's gotta lotta Gold Crowns in his place...and a lotta bar boxes too.
 
Black-Balled said:
Not a bad idea...you should be a businessman!

Only significant hurdle I see is agreement(s?) between Barry and Diamond- he's gotta lotta Gold Crowns in his place...and a lotta bar boxes too.
Click to expand...


I am a biz man :smile:

Its a matter of hard choices and common sense.


Egos are the whole problem here on both sides. its easier to feed your ego than make a hard decision.


until that happens there will be therad after thread and endless bickering about nothing real.


I'm keeping it real.

best

eric


And I know a lot more than I let on about this...
 
Black-Balled said:
Not a bad idea...you should be a businessman!

Only significant hurdle I see is agreement(s?) between Barry and Diamond- he's gotta lotta Gold Crowns in his place...and a lotta bar boxes too.
Click to expand...


as far as Diamond and Barry, Its over. Tough choice? Sure it is. But using what you have to save the day is a better choice than trying to make everyone happy. (sorry greg & mark) But this exactly the things that need to be resolved. It aint what it was. Players mite ***** and moan but they aint going to boycott over equipment.


And someday when things get better then Diamond and Barry can work it out, perhaps they can work out something now. Im not that involved, this is just a example of though choices any biz man has to make.
 
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Black-Balled said:
Not a bad idea...you should be a businessman!

Only significant hurdle I see is agreement(s?) between Barry and Diamond- he's gotta lotta Gold Crowns in his place...and a lotta bar boxes too.
Click to expand...

9 of the 14 tables in the Tournament Room at Q-Masters are already Diamonds. There are also 4 other Diamonds (older models, not a fast) not in that room. He could easily get 5 more, hell he buys new ones every year for the Open.
 
Eric
Very good post.

Black-Balled
Again good post and probably something a lot of people (including me) had not thought about.

Feeding ego's of whatever size is always detrimental to any negotiation. Maybe, just maybe to some extent that is what we are doing here, one of the most difficult things to do is calm any inflated ego. The most important thing to do for Pool in the USA, is to get this resolved. Hopefully that can be done with nobody losing face and both parties being in full agreement to the resolution. If that has to be a temporary one for this year, then so be it.

Again the MOST IMPORTANT thing for US Pool is that everybody is there with no lurking clouds over anyones head. I obviosuly don't expect them to 'kiss and make up' but I do expect civility and respect from both parties.
 
NOT such a good idea. Why? Because Q-Masters is packed all week long anyway so it does not add to the revenue stream and actually decreases it and without all that table time he gets from the room during the Open it may even be a bigger loss to him.

However, downsizing the tournament should be an option as maybe he could put it in a local hotel instead of a Convention center and still keep it open to 256 players and just remove 30-40% of the seating which aren't needed anyway. I have worked with several hotels in that past and I know the will give away there event facilities for the increase in room revenues + pay him a percentage of the rooms, wet bar and food sales.
Then on top of that he should consider lowering the added from say $50K to $40K or even $35K but not $25K.

By doing this he cuts his spending and increases room/food/bar revenues and keeps the revenues he currently gets from Q-masters.

IMO that would be the way to go.

Fatboy2 said:
The players didnt create the problem, they are reacting to a problem.

their reaction is debatable, but it is a reaction.



The economy is the problem, and how Barry is handling the economy.


I hope the US Open remains as the "Big Event", America has lost so much in the past few years, losing this would be bad. But in its current form it aint working. And has been broken for the past 8-10 years, each year its getting a little worse. And thats what the players are responding too.

So what needs to be done is it must be re-organized. Barry has 1000 league players and a 75 table room(thats what he told me), he has a venue for a event. His ego is HIS blocking common sense, forget the convention center, all the grand standing, dinner of Chanpions etc. (Thats over for now) and use what you have to make it work.


I'm a biz man I know its a tough pill to swallow, but get real. It aint working. We both know that.


He needs to down size it, who else in biz hasnt downsized? Thats the whole economic problem. Barry aint immune from the market, his ego is causeing the problem. He should cut the event to 128 players and make it happen from his room. Get back to basics. Then in a few years when things are better then expand back to the convention center. And all the glory of that.

Use your head man, thing aint like they were. Guys aint sending players there to play like they did in the past because they cue back. We all cut back.

With the size of your room and your brains Barry-you can make the US Open work and not have all this drama in your life. Your a biz man, use the same smarts you had to get big to work and salvage what you can.

His ego + the players egos= a big mess

Down size the damn thing and get over your self Barry and it will work out for everyone.

and if a 128 player $25K event aint good enough for the players then F*** them too.

Everyone needs to get real, on both sides of the table. It aint what it was. And until everyone realizes that everyone is making a fatal mistake.

best

Eric

702-241-8000
Click to expand...
 
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geno said:
NOT such a good idea. Why? Because Q-Masters is packed all week long anyway so it does not add to the revenue stream and actually decreases it and without all that table time he gets from the room during the Open it may even be a bigger loss to him.

However, downsizing the tournament should be an option as maybe he could put it in a local hotel instead of a Convention center and still keep it open to 256 players and just remove 30-40% of the seating which aren't needed anyway. I have worked with several hotels in that past and I know the will give away there event facilities for the increase in room revenues + pay him a percentage of the rooms, wet bar and food sales.
Then on top of that he should consider lowering the added from say $50K to $40K or even $35K but not $25K.

By doing this he cuts his spending and increases room/food/bar revenues and keeps the revenues he currently gets from Q-masters.

IMO that would be the way to go.
Click to expand...



Those are all numbers decisions Barry has to make, he has the books. But the whole point is the same-in its current form its broken. Down sizing is the solution. It sure as hell wasnt 256 players the first years. Getting back to basics(what ever that is for Barry) is what needs to be done.

speculating about equipment is meaningless, you can have 5 brands of boxes in one tournment and make it work. This is what I'm talking about making use of what you have, not keeping contracts in place and getting caught up in details.

as for losing biz at the pool room, if it is doing so great 52 weeks a year why then is $$$ even a issue? The pool room is where it needs to go back to, and then grow it again from there. But again this is a Barry decision and he has the books.


Borrowing your way into "one more year" is just kicking the can down the road. Its broken. fix it. Dont deny the fact, it aint what it was. If it was it wouldnt need bridge $$$.


best
eric
 
Good post Eric but you dont have to be a buisness person to see whats going on. Faimlies are doing the very thing you talk about every day & it isnt rocket science, if Barry keeps going at the rate he's going then i only see a spot in Obama's white house for him.I also see J.As point but he blew it when he posted names that shouldnt have been posted & by him alone making the desission(no vote, no board members notified they wernt board members anymore, he wants to be king but running out of subjects below him). Either way the Open will go on,thats a given by Barrys own words.
 
Almost every company in America has down-sized in recent years. The amazing thing is that most have returned to 80+% of their gross sales with a significantly more lean workforce. It just goes to show that good sales hide poor efficiencies.

I like the way Fatboy is thinking and believe the scale of the event must shrink. In a surviving company unused buildings would be shuttered and positions combined. The same should happen here.

A great businessman once told me, "When I took over a company, I usually fired almost half of the workforce; but before I left the company (usually within two years), it was larger and employed more people than it ever had."
 
iba7467 said:
Almost every company in America has down-sized in recent years. The amazing thing is that most have returned to 80+% of their gross sales with a significantly more lean workforce. It just goes to show that good sales hide poor efficiencies.

I like the way Fatboy is thinking and believe the scale of the event must shrink. In a surviving company unused buildings would be shuttered and positions combined. The same should happen here.

A great businessman once told me, "When I took over a company, I usually fired almost half of the workforce; but before I left the company (usually within two years), it was larger and employed more people than it ever had."
Click to expand...

IBA im in your court of thinking,my first buis. class started with the quote "if its not cost effictive,it dont fly.
 
Eric, you're right. The player's are not a "bank" and should not be expected to loan money to Barry or anyone else for months and months. Barry brought this on himself by not paying promptly.

That being said, he is not a crook either.

The best thing for everybody's interests, the player's, the fans, the sponsors, the vendors, and the U.S. Open is for everybody to check their baggage at the door, quit pointing fingers, meet with each other and hammer out a plan that works for everybody.

In my opinon, minimally the entry fees should all go into trust and only be used to pay out current winnings, let's just toss something like 80% of the total fund, with the balance paid wihin 30 days of ending. If no payment within 30 days and legal action is required, loser agrees to pay all legal costs inc. attorney fees and interest.

It's just business. The US Open gets some slack for cash flow, and the players have a minimal amount of protection.

Chris
 
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us open

Fatboy,

I just have to partially disagree.

I DO agree that the costs have to be trimmed. And there is a lot of waste (there laways is).

BUT to move it back to a pool room is too much of a retreat. Big tournaments just don't very well in a pool room.

It would affect the prestige - the TV and filming and everything else.

There should be (is) a better way.

Mark Griffin
 
I agree with you Eric. Both sides need to realize the current economic climate sucks and suck it up.

Barry needs to adjust the Open to what ever he can afford to pay after the finals are over, not months later.

The purse will be smaller, but payment will be instant.
 
Mark Griffin said:
Fatboy,

I just have to partially disagree.

I DO agree that the costs have to be trimmed. And there is a lot of waste (there laways is).

BUT to move it back to a pool room is too much of a retreat. Big tournaments just don't very well in a pool room.

It would affect the prestige - the TV and filming and everything else.

There should be (is) a better way.

Mark Griffin
Click to expand...

Surely there is a Hotel with a large enough conference faciltiy in the US that would aboslutely kill to get this. Even to the point of renting out that facility free of charge, knowing they are likely to have a huge % (if not all) of their rooms occupied for the week. I have even known some Hotels to go as far as to also do deals on Bar and Food revenue, during the conference dates. I don't know if anyone has looked at this, but perhaps it's an option that at the very least is worth spending a little time to find out?
 
iba7467 said:
Almost every company in America has down-sized in recent years. The amazing thing is that most have returned to 80+% of their gross sales with a significantly more lean workforce. It just goes to show that good sales hide poor efficiencies.

I like the way Fatboy is thinking and believe the scale of the event must shrink. In a surviving company unused buildings would be shuttered and positions combined. The same should happen here.

A great businessman once told me, "When I took over a company, I usually fired almost half of the workforce; but before I left the company (usually within two years), it was larger and employed more people than it ever had."
Click to expand...


Its the:

If there is anything one can learn in Las Vegas (and there is plenty), it is adapt or die.

thats the theory. I just pulled that out af a article I was just reading about the failure of Vegas. We just listed $7,000,000 worth of property last week. Sounds great, 'ol Fatboy is stuffing his pockets again. Wrong!!! We paid cash for that property about $15,000,000 back in 02-03.

If "Ol Fatboy" would have bought Gold he would be sitting Fat on about $50,000,000-but I bought the wrong thing, So we talked about it and made the hard decision to sell now and take our licks. And I mite walk with 3 bones if I'm lucky, so I lost the use of the $$$ for 8 years and 50% of it. IF I bought gold(and I did think about it) then things would be peachy. but they aint-just keeping it real.

Adapt or die<--------------there is lots to be said for that


We all take our licks or live with our head in our arse as Daz would say.


best,

'Ol fatboy. <---------LOL sure
 
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You are right Eric. The players don't need to wait months for thier money and Barry doesn't have to lose money trying to keep promises of old in this economy. This way the players get paid on time and Barry doesn't lose his shirt again. I don't see the economy getting any better anytime soon, so it might have to be in the poolroom for a few years. Johnnyt
 
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