Roadie,
I answered your appeal, LAST week. I have done much to try to secure the funds for the players. As I stated previously, kt is a renegade, he is not listening to me, you or any of his staff.
Furthermore, i don't have any particular disdain for kt, not anymore than I would for anyone toying with the lives of my friends. I think you understand that is where i am coming from.
As far as any outside remdy is concerned, the only way i could help is to actually buy the ipt, which is probably not a bad idea.
There does remain 2 specific problems with this idea.
I have valued the ipt at around 3 or 4 million dollars. Any prospective buyer, absorbs the debt, and any remaining contracts in affect. This will certainly include any agreements in place regarding future payments to versus to continue airing their programs.
The only viable assest that the ipt has is that the touris already in place, and the marketing "machine has already begun. The qualfiying program is also in place. Television programing, as i stated is a debit.
the two problems are:
1) can kts books be trusted? Big question, but is secondary, because a reasonable person can make make educated assumptions.
2) the second problem addresses a moral question. Imo, the biggest, yet untapped asset of the ipt, is "forcing" the ipt members to sign an exclusivity contract to perform ONLY for the ipt. to me, this would be the only reason to pursue a bailout. Those that know me though, understand I am completely pro player, and could never enslave them like that.
Granted, I havea lot of money, but not enough to just throw it out. I wont live long enough to make any foolish investments back.
BTW, if i thought hiring high powered attorneys could solve this, believe me, I WOULD pick up the tab. But after speaking with several top players, NO ONE is willing to draw a line in the sand with kt, making an "US" versus "them" situation.
All of my attempts to contact the ipt have remained unanswered. I am easily reached, as quite a few in this industry have my number.
Instead of just saying, "do something", come up with a specific solution, i'm all ears. If it is viable, and will help the players, I AM ALL IN!
RG