Prize Money

I believe he says in the game.

CrownCityCorey said:
The IPT keeps saying that the Sigel vs. Loreee Jon match was "the biggest prize money in the history of pool" via press releases and on TV.

This is not true.

Sigel vs. Loree Jon = $225,000 prize money.

The 2001 Toyko 9-Ball Event http://www.azbilliards.com/thepros/2000showtourney2001.cfm?eventnum=153) paid $228, 441 to 1st (Efren Reyes $163,172.00 USD) & 2nd (Neils Feijen $65,269.00 USD) alone, making "it" the largest! :)
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The game they're playing is eightball not nineball. If he says ever in pocket billiards, then he's lying. If he says the biggest purse in the game, then he's not.
 
CrownCityCorey said:
The IPT keeps saying that the Sigel vs. Loreee Jon match was "the biggest prize money in the history of pool" via press releases and on TV.

This is not true.

Sigel vs. Loree Jon = $225,000 prize money.

The 2001 Toyko 9-Ball Event http://www.azbilliards.com/thepros/2000showtourney2001.cfm?eventnum=153) paid $228, 441 to 1st (Efren Reyes $163,172.00 USD) & 2nd (Neils Feijen $65,269.00 USD) alone, making "it" the largest! :)
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Actually the total prize fund there was US$800,000. That's why I went there to play.
 
Well, depends on what he means by history or the word pool, maybe it is the largest in pool, just not 9-ball:D lol Actually I don't think anyone really cares, remember this was on the "Best damn sports show period" I think a few other sports shows would disagree:D

So many business and corporations throw titles and amounts around, nobody even pays attention to it anymore, there's no truth in advertising and people know it. The APA calls itself the governing body of amature pool, what the heck does that mean and who anointed them with that title?

Largest prize, highest paid, and many other titles are always abused, worlds best, world champs, all time, etc..

And 100% of the people asked said: the #1 most abused title of all time is #1:D


Hey at least when the 3 million dollar IPT World 8-ball open happens and someone is paid $500,000 it will certainly be the most money ever paid in pool history, that should be pretty cool:cool:
 
Here in the US, it is the biggest prize pool. What happens here in professional pool is more important than outside the US. The majority of pool player here in the US will never travel across the globe to play in a large dollar amount pool tournament.
 
An IPT press release includes the following statement:

The winner of the IPT World 8-Ball Championship will be awarded an unprecedented $150,000 cash, the largest single pay-day in the history of the sport. The runner-up will receive $75,000.

The claim pertains to the history of the sport, not the history of eight ball. This claim is false, and, as Sigel played in the 2001 Japan Open, he knows it, too.

For anyone who wants to read the entire press release, here it is http://azbilliards.com/2000storyb.cfm?storynum=2925 .
 
sjm said:
An IPT press release includes the following statement:

The winner of the IPT World 8-Ball Championship will be awarded an unprecedented $150,000 cash, the largest single pay-day in the history of the sport. The runner-up will receive $75,000.

The claim pertains to the history of the sport, not the history of eight ball. This claim is false, and, as Sigel played in the 2001 Japan Open, he knows it, too.

For anyone who wants to read the entire press release, here it is http://azbilliards.com/2000storyb.cfm?storynum=2925 .
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It says 8-ball, not pool, nor billiards, so technically wouldn't include 9-ball or snooker events.

Headlines tend not to be overly descriptive, so I think their claim is fair game and also makes sense from a PR perspective.
 
Colin Colenso said:
It says 8-ball, not pool, nor billiards, so technically wouldn't include 9-ball or snooker events.

Headlines tend not to be overly descriptive, so I think their claim is fair game and also makes sense from a PR perspective.
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Eight ball is not a sport. The name of the sport to which the article pertains is pool.

If I have the first-ever back-pocket nine ball event, and pay a first prize of $5,000, can I call it the biggest prize ever paid in the sport? No, I can't, even though it would be, by far, the biggest prize in the history of back-pocket nine ball.

To be honest is to be honest in context, not to craftily manipulate the truth to embellish it. No reader of this article would interpret this claim as specific to eight ball.

Here is an excerpt from the article presented, and the context established is, quite clearly, pool.

"The IPT World 8-Ball Championship" at Mandalay Bay is a one-of-a-kind, blockbuster match between 9-time World Champion Mike Sigel, the greatest pool player of all-time, and 8-Time World-Champion Loree Jon Jones, considered the greatest female player of all-time. It is the first time in history that the best male pool player and the best female pool player will meet head-on in a championship match.

The winner of the "IPT World 8-Ball Championship" will be awarded an unprecedented $150,000 cash, the largest single pay-day in the history of the sport. The runner-up will receive $75,000.

Also, Colin, if you searched the entire planet, you couldn't find even one person that consders LJJ "the greatest female player of all time," or even one of the top three. Maybe you figure that although it says the world, it should be interpreted as meaning "in New Jersey."

Get real, Colin. I want to see the IPT succeed, and am grateful to the IPT for giving pool this wonderful chance, but I also have a craving for truth in advertising.
 
sjm said:
Eight ball is not a sport. The name of the sport to which the article pertains is pool.

If I have the first-ever back-pocket nine ball event, and pay a first prize of $5,000, can I call it the biggest prize ever paid in the sport? No, I can't, even though it would be, by far, the biggest prize in the history of back-pocket nine ball.

To be honest is to be honest in context, not to craftily manipulate the truth to embellish it. No reader of this article would interpret this claim as specific to eight ball.

Here is an excerpt from the article presented, and the context established is, quite clearly, pool.

"The IPT World 8-Ball Championship" at Mandalay Bay is a one-of-a-kind, blockbuster match between 9-time World Champion Mike Sigel, the greatest pool player of all-time, and 8-Time World-Champion Loree Jon Jones, considered the greatest female player of all-time. It is the first time in history that the best male pool player and the best female pool player will meet head-on in a championship match.

The winner of the "IPT World 8-Ball Championship" will be awarded an unprecedented $150,000 cash, the largest single pay-day in the history of the sport. The runner-up will receive $75,000.

Also, Colin, if you searched the entire planet, you couldn't find even one person that consders LJJ "the greatest female player of all time," or even one of the top three. Maybe you figure that although it says the world, it should be interpreted as meaning "in New Jersey."

Get real, Colin. I want to see the IPT succeed, and am grateful to the IPT for giving pool this wonderful chance, but I also have a craving for truth in advertising.
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Being a little anal aren't we.

Wayne
 
sjm said:
Eight ball is not a sport. The name of the sport to which the article pertains is pool.

If I have the first-ever back-pocket nine ball event, and pay a first prize of $5,000, can I call it the biggest prize ever paid in the sport? No, I can't, even though it would be, by far, the biggest prize in the history of back-pocket nine ball.

To be honest is to be honest in context, not to craftily manipulate the truth to embellish it. No reader of this article would interpret this claim as specific to eight ball.

Here is an excerpt from the article presented, and the context established is, quite clearly, pool.

"The IPT World 8-Ball Championship" at Mandalay Bay is a one-of-a-kind, blockbuster match between 9-time World Champion Mike Sigel, the greatest pool player of all-time, and 8-Time World-Champion Loree Jon Jones, considered the greatest female player of all-time. It is the first time in history that the best male pool player and the best female pool player will meet head-on in a championship match.

The winner of the "IPT World 8-Ball Championship" will be awarded an unprecedented $150,000 cash, the largest single pay-day in the history of the sport. The runner-up will receive $75,000.

Also, Colin, if you searched the entire planet, you couldn't find even one person that consders LJJ "the greatest female player of all time," or even one of the top three. Maybe you figure that although it says the world, it should be interpreted as meaning "in New Jersey."

Get real, Colin. I want to see the IPT succeed, and am grateful to the IPT for giving pool this wonderful chance, but I also have a craving for truth in advertising.
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Noted... You have a fair point sjm:D
 
sjm said:
Eight ball is not a sport. The name of the sport to which the article pertains is pool.

If I have the first-ever back-pocket nine ball event, and pay a first prize of $5,000, can I call it the biggest prize ever paid in the sport? No, I can't, even though it would be, by far, the biggest prize in the history of back-pocket nine ball.

To be honest is to be honest in context, not to craftily manipulate the truth to embellish it. No reader of this article would interpret this claim as specific to eight ball.

Here is an excerpt from the article presented, and the context established is, quite clearly, pool.

"The IPT World 8-Ball Championship" at Mandalay Bay is a one-of-a-kind, blockbuster match between 9-time World Champion Mike Sigel, the greatest pool player of all-time, and 8-Time World-Champion Loree Jon Jones, considered the greatest female player of all-time. It is the first time in history that the best male pool player and the best female pool player will meet head-on in a championship match.

The winner of the "IPT World 8-Ball Championship" will be awarded an unprecedented $150,000 cash, the largest single pay-day in the history of the sport. The runner-up will receive $75,000.

Also, Colin, if you searched the entire planet, you couldn't find even one person that consders LJJ "the greatest female player of all time," or even one of the top three. Maybe you figure that although it says the world, it should be interpreted as meaning "in New Jersey."

Get real, Colin. I want to see the IPT succeed, and am grateful to the IPT for giving pool this wonderful chance, but I also have a craving for truth in advertising.
Click to expand...

Great post, sjm, and very factual and well researched. This is the type of honest thinking that makes you a great player and nice guy, imho.

Now I'll tear you apart...:D One COULD make the case that it was the largest payDAY. That is, in just one DAY of play, it paid the most. Or, one could make the case that, ON AVERAGE PER PLAYER INVOLVED, it was the largest payday. Or one COULD say that the loser got more money than any other loser ever.

And one COULD make the case that Lori is/was the greatest in the world, simply depending on how one defines "greatest." For example, I define "successful" pool, not by number of wins, but by the level of happiness derived from one's pool shots.

In my business, I would personally never use language like that as it tends to turn away the type of customers I'm looking for. But for what Kevin's after, it may be just right, I don't know...time will tell.

Later, :cool:

Jeff Livingston
 
chefjeff said:
Great post, sjm, and very factual and well researched. This is the type of honest thinking that makes you a great player and nice guy, imho.

Now I'll tear you apart...:D One COULD make the case that it was the largest payDAY. That is, in just one DAY of play, it paid the most. Or, one could make the case that, ON AVERAGE PER PLAYER INVOLVED, it was the largest payday. Or one COULD say that the loser got more money than any other loser ever.

And one COULD make the case that Lori is/was the greatest in the world, simply depending on how one defines "greatest." For example, I define "successful" pool, not by number of wins, but by the level of happiness derived from one's pool shots.

In my business, I would personally never use language like that as it tends to turn away the type of customers I'm looking for. But for what Kevin's after, it may be just right, I don't know...time will tell.

Later, :cool:

Jeff Livingston
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Thanks, Jeff. Your post cracked me up!
 
guessing??

do any of you guys have a shot to win??
are any of you guys going to be there??

if not, than don't worry about it...
 
One thing for sure ...

chefjeff said:
Great post, sjm, and very factual and well researched. This is the type of honest thinking that makes you a great player and nice guy, imho.

Now I'll tear you apart...:D One COULD make the case that it was the largest payDAY. That is, in just one DAY of play, it paid the most. Or, one could make the case that, ON AVERAGE PER PLAYER INVOLVED, it was the largest payday. Or one COULD say that the loser got more money than any other loser ever.

And one COULD make the case that Lori is/was the greatest in the world, simply depending on how one defines "greatest." For example, I define "successful" pool, not by number of wins, but by the level of happiness derived from one's pool shots.

In my business, I would personally never use language like that as it tends to turn away the type of customers I'm looking for. But for what Kevin's after, it may be just right, I don't know...time will tell.

Later, :cool:

Jeff Livingston
Click to expand...

If he consulted a lawyer before he published it, then it is okay ... lol
 
CrownCityCorey said:
The IPT keeps saying that the Sigel vs. Loreee Jon match was "the biggest prize money in the history of pool" via press releases and on TV.

This is not true.

Sigel vs. Loree Jon = $225,000 prize money.

The 2001 Toyko 9-Ball Event http://www.azbilliards.com/thepros/2000showtourney2001.cfm?eventnum=153) paid $228, 441 to 1st (Efren Reyes $163,172.00 USD) & 2nd (Neils Feijen $65,269.00 USD) alone, making "it" the largest! :)
Click to expand...


Actually, Sigel won a quarter of a million for winning the event since the winner was guaranteed an additional $100,000 for being King of the Hill in the next event, if he had lost he would have made only $75,000.

In reality it seems they underplayed the actual amount won and a quarter of a million to the winner would rank as highest ever.

Before anyone figures out how he didn't win the additional $100,000 think it over and you will realize he did win it in the event with Loree Jon Jones, he just has to wait a few weeks to get paid.

Wayne
 
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