New Elevation Tour - N.A.C.P.B.A. ???

Here we go again.

Let's assume the would-be proprietor is reputable and has the sport's best interest at heart. There is still a problem here.

The problem is that to sign up, one must invest $2,500. One must also grant this new organization one's exclusive rights, with participation in events unaffiliated with their tour on a special permission basis only. For the typical pro pool player, these are huge commitments.

What is being offered in return for these commitments? Until there are good answers to this question, there is not as much as a foundation on which to build. I won't be a naysayer here, but a plan to spend money does not constitute a business plan. Until the revenue source of this origanization is identified that will make this business venture financially viable, there is nothing exciting here..............so let's be patient and perhaps this information will be made public soon.
 
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sjm said:
Here we go again.

Let's assume the would-be proprietor is reputable and has the sport's best interest at heart. There is still a problem here.

The problem is that to sign up, one must invest $2,500. One must also grant this new organization one's exclusive rights, with participation in events unaffiliated with their tour on a special permission basis only. For the typical pro pool player, these are huge commitments.

What is being offered in return for these commitments? Until there are good answers to this question, there is not as much as a foundation on which to build. I won't be a naysayer here, but a plan to spend money does not constitute a business plan. Until the revenue source of this origanization is identified that will make this business venture financially viable, there is nothing exciting here..............so let's be patient and perhaps this information will be made public soon.
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I keep hearing this and I'm kind of flabbergasted. Look if 22 million dollars is set up in a varifiably escrowed account for the payouts and the tournament formats are what they claim with 20 tournaments in a year, this tour is all the professional elite would need. It;s a commitment with dividends. I can actually see where this would be going. If the majority of the top professionals DO sign on then that would give this new tour the levarage against the other tours and what not to actually BECOME the definitve authority for professional pool. It's hard, without a track record, to know whether or not that would be a good thing or a bad thing, but with the current status of pool, it can't be too bad a thing after what the IPT has already done.
 
Bottom line is this. If they post $22 mil in a verifiable manner and show that the venues are in line for the events everything else will be moot. They will become the defacto ruling force in American pool. Players and fans will cry and moan about certain aspects as we do in everything. As long as they simply do what they say they will, no matter if it is unpopular in certain circles, they will have the dominant entity in American pool.

I know if I was fronting that kind of dough you are damn skippy things are gonna be done my way. Let's be honest, the way things have been ran the last 30 years is what has gotten us to this point.

The other issue, for me personally, is that they could effectively kill TheActionReport in its current form by not sanctioning our events. I hope that does not happen obviously, but if they do decide to do that and go on to run a succesful and viable tour that raises the game up I could live with it. But the issue for now is that we simply do not know and will have to wait and see. There is really no gray area here IMO. Either they post or they don't. If they post they can and will do whatever they like.

I would not discount the possibility that the website up now could very well be a stalking horse designed to find the issues they will most need to address in the official announcement. There are a few threads here of valuable market reasearch that cost them nothing more than a web template and some hosting fees. Or it could all just be a pipe dream. We won't know until we know.
 
sjm said:
Here we go again.

Let's assume the would-be proprietor is reputable and has the sport's best interest at heart. There is still a problem here.

The problem is that to sign up, one must invest $2,500. One must also grant this new organization one's exclusive rights, with participation in events unaffiliated with their tour on a special permission basis only. For the typical pro pool player, these are huge commitments.

What is being offered in return for these commitments? Until there are good answers to this question, there is not as much as a foundation on which to build. I won't be a naysayer here, but a plan to spend money does not constitute a business plan. Until the revenue source of this origanization is identified that will make this business venture financially viable, there is nothing exciting here..............so let's be patient and perhaps this information will be made public soon.
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I agree that we all should be in a wait-and-see mode at this juncture, with such little information available at this time.

Considering that $2,500, the proposed membership dues, is equivalent to the amount of first-place prize monies at the majority of pool tournaments in the United States, I would have liked to have received more optimistic information, rather than the attitude that was conveyed by Dennis in the article written by Mason King of Billiards Digest.

If the tour doesn't give a damn about what pool players think about them, that speaks loud and clear to this reader, more so than the information about the tour itself.

JAM
 
JCIN... "First is of course the money. As I read it there will be $22 mil in escrow."

Getting it IN to escrow is one thing...getting it OUT is another!
 
Johnnyt said:
Isn't Ted Turner from Georgia? Does he play pool? ;) Johnnyt
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turner now owns Montana and is reputedly working on Kansas, Nebraska and S. Dakota.

1.7 MILLION acres and counting.

I think he and Jane Fonda got divorced because they couldn't FIND each other anymore.
(-:
 
AngryPanda said:
There are certain Amphetamines that help with focusing. That was one of the issues baseball has
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Right...and I'm not sure that performance enhancement is the entire issue or the reason the drugies are drugies. They are drugies in most cases because they are addicts and/or supporting themselves by dealing.

Illicit drug sales and use are ripping the guts out of this country and causing unimaginable heartache, wasted lives and enormous squandering of money.

As far as I'm concerned, jail is too good for anyone who deals addictive drugs. It is just a sickening and tragic enterprise...and I ain't sending no Christmas cards to any inmates who got what was coming to them.

There are those who may hate my guts for posting these remarks but I will find a way to live with that...EASILY.

Regards,
Jim
 
av84fun said:
JCIN... "First is of course the money. As I read it there will be $22 mil in escrow."

Getting it IN to escrow is one thing...getting it OUT is another!
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LOL...you have a point there.

I know if I was the dude running this thing, everytime someone in the money got knocked out I would have a check printed and in his hand instantly. No need to wait on Fed Ex or the home office. :p

The backlash from the IPT will make sure everyone and their brother is on the lookout for suspect money handling. Not a bad thing I guess.
 
JCIN said:
LOL...you have a point there.

I know if I was the dude running this thing, everytime someone in the money got knocked out I would have a check printed and in his hand instantly. No need to wait on Fed Ex or the home office. :p

The backlash from the IPT will make sure everyone and their brother is on the lookout for suspect money handling. Not a bad thing I guess.
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Right...and while hope springs eternal anyone who signs on to this or any other start up deal without the funds being in a TRUST account at a reputable financial institution, law or accounting firm under irrevocable instructions to pay out the money to the winners are pretty much asking for trouble.


That was the WHOLE ISSUE with the IPT. The players got conned into an almost desperate belief that the money A) existed and B) would be paid out FOR SURE.

Many had their doubts but just adopted the attitude that it was worth the RISK to "play some" and hope for the best...and if they didn't, others WOULD.

But that is the MECHANISM by which almost all cons work. Many marks have their suspicions but the payoff is so significant and they NEED the money so badly that they allow themselves to be taken in.

Chuck Berry had it right. He never played the first note or sang the first lyric until he was paid...IN FULL...UP FRONT...IN CASH!

(-:
 
Chuck Berry Was an old road dog

Different field but Chuck Berry was an old road dog that could tell tales of the road to make pool players stories pale in comparison.

Hearing that the money is no issue without seeing the money always makes me very skeptical. Every time I have heard that money was no issue it was true . . . because the people didn't have any! I think players and onlookers all will be more than satisfied if the money for each event is put up several months in advance so that people making plans know that they will be paid but I'd be willing to bet a few hundred yankee dollars right now that we never see 22 million in a lump in an escrow account.

Hu
 
I posted:

sjm said:
Here we go again.

Let's assume the would-be proprietor is reputable and has the sport's best interest at heart. There is still a problem here.

The problem is that to sign up, one must invest $2,500. One must also grant this new organization one's exclusive rights, with participation in events unaffiliated with their tour on a special permission basis only. For the typical pro pool player, these are huge commitments.

What is being offered in return for these commitments? Until there are good answers to this question, there is not as much as a foundation on which to build. I won't be a naysayer here, but a plan to spend money does not constitute a business plan. Until the revenue source of this origanization is identified that will make this business venture financially viable, there is nothing exciting here..............so let's be patient and perhaps this information will be made public soon.
Click to expand...

Jaden replied:

Jaden said:
I keep hearing this and I'm kind of flabbergasted. Look if 22 million dollars is set up in a varifiably escrowed account for the payouts and the tournament formats are what they claim with 20 tournaments in a year, this tour is all the professional elite would need. It;s a commitment with dividends. I can actually see where this would be going. If the majority of the top professionals DO sign on then that would give this new tour the levarage against the other tours and what not to actually BECOME the definitve authority for professional pool. It's hard, without a track record, to know whether or not that would be a good thing or a bad thing, but with the current status of pool, it can't be too bad a thing after what the IPT has already done.
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This is a very well considered response. What I'm getting at in my post is that the escrowing of the money is unlikely unless the proprietor manages to get the revenue sources in place to fund it, and that it concerns me that, just as was the case with the IPT, little is offered from the would-be proprietor with respect to where the revenue will come from.

As we learned with KT, assuming that there is a guy who simply wants to risk this kind of money just because they love pool is a pipe dream. Even somebody who has the money is likely to be a successful businessman. With successful businessmen, until they see the revenue prospects, they don't commit to the expenses.

I, just like others, am hopeful here, and I eagerly await further information.
 
JCIN said:
LOL...you have a point there.

I know if I was the dude running this thing, everytime someone in the money got knocked out I would have a check printed and in his hand instantly. No need to wait on Fed Ex or the home office. :p

The backlash from the IPT will make sure everyone and their brother is on the lookout for suspect money handling. Not a bad thing I guess.
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Viola! (According to the NACPBA website)

"The athlete has the right to request his payment at the completion of his final match"
 
lodini said:
Viola! (According to the NACPBA website)

"The athlete has the right to request his payment at the completion of his final match"
Click to expand...

and
I have a right to request that Jessica Alba accompany me to dinner monday night.


I say the over under is 3 tournaments. As SJM said, where does the revenue come from? To date no one has been able to figure out how to get that kind of return from a pool tournament. Certainly not 31 tournaments or whatever it is.

Now these guys who obviously have no clue about pool think they have solved that with a great new secret plan? Maybe they will start a 24 hour Billiard Channel- Yeah that's the ticket!
 
After years and years and years of people with billiard back grounds that are suppose to know what their doing have failed, maybe we just need some people with money and know how to build a business. Johnnyt
 
My question is why can't someone just put together 12 events a year with about the same payouts as the US open. Why does someone try to do too much and crash after a few events. I hope this doesn't offend anyone but pool is not a million dollar sport or talent. I have always loved playing or watching a good game but I am convinced anyone can play the sport well with little time invested.
 
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