So the Bonus Ball saga continues.....

KoolKat9Lives said:
....With 60 or so pros tied to this, some who hadn't played - some not owed money, how come they are still all tight lipped after taking the pipe? Now THAT would be a 1st...
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perhaps the players actually DO have that evasive Contract? and there's a gag-order written-in.

so if, there WERE a real contract - one derived from the players' atty - then that atty would have performed due diligence & required the disclosure of all funding/assets, to ensure payment-in-full, BREECH, etc, to protect his clients in this event.

all answers, are in the Contract.
if one exists.
 
PINKLADY said:
perhaps the players actually DO have that evasive Contract? and there's a gag-order written-in.

so if, there WERE a real contract - one derived from the players' atty - then that atty would have performed due diligence & required the disclosure of all funding/assets, to ensure payment-in-full, BREECH, etc, to protect his clients in this event.

all answers, are in the Contract.
if one exists.
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Ya think a contract might reference payment terms too? It would be hard to argure that participants' integrity re: meeting the 'no public statements' requirement would be more important to them than a
MUDDA FUGGIN PAYCHECK!
 
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Black-Balled said:
Ya think a contract might reference payment terms too? It would be hard to argure that participants' integrity re: meeting the 'no public statements' requirement would be more important to them than a
MUDDA FUGGIN PAYCHECK!
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duh? contracts are not about payment.
 
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Contractor or employee's

Its debatable if they could be classified as an independent contractor. Usually team pro athletes are considered employees, while individual pro athletes are contractors, important factor is whether the athlete is responsible to the principal only for the result and not for the manner and means of accomplishing it. If these athletes have developed a style and reputation which makes them a drawing card and no right to control their style or manner of competing is contained in their contracts (absence of coaches and team mangers). Then its seems plausible that BB simply acted as the promoter merely creating the event in which the athlete will participate and schedule appearances.
Of course its unique circumstances since I can't find an IRS publication that has pool in anyway used as an example for pro athletes.
Regardless, if there is a misclassification BB will be fined by the employment agencies, paying the employment agencies. Worst case scenario, BB has to gross up payroll to cover employee contributions to social security and Medicare, its reportable on line 1,3, and 5 on the W-2, and subject to income tax. Otherwise if a player received a net of $5000.00, their W-2 would show $5414.19 in wages earned and is subject to Federal and State income tax. BB will be responsible for unemployment insurance on the players however none of them would meet the requirements to collect on it. All fines and money will go to the employment agencies. Each employee would have to file a "wage claim" with the department of labor. A bunch of red tape and hoops to jump thru and most people don't have the determination to follow thru with a tedious task.
 
PINKLADY said:
... so if, there WERE a real contract - one derived from the players' atty - ...
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I have seen one particular contract between Bonus Ball and one player. The contract was developed by BB. I don't recall anything in it restricting speaking to the press. I do recall details of amounts of payment.

I believe there was no "players' atty".
 
million $ question(s)

Bob Jewett said:
I have seen one particular contract between Bonus Ball and one player. The contract was developed by BB. I don't recall anything in it restricting speaking to the press. I do recall details of amounts of payment.

I believe there was no "players' atty".
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thanks, Bob!
- did that player have his personal atty review & strike accordingly?
- did the payments specify a date-of-pmt to cover breech?
- why wouldn't the players all chip-in $50 & hire 1 atty, to CYA...?
 
PINKLADY said:
thanks, Bob!
- did that player have his personal atty review & strike accordingly?
- did the payments specify a date-of-pmt to cover breech?
- why wouldn't the players all chip-in $50 & hire 1 atty, to CYA...?
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Most have already chipped in, it's called ABP I think. Why don't they pay the attorney, where's Archer, and Pedo.
 
A hard rain is falling on pro players right now. A couple of the best-present and past-true legends, are on the brink now. I dont know a thing about most of them so there are probably are more. One is sleeping in his car. Cant blame it on BB but that's what they were currently grasping at to hold on. Very sad.
 
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Nostroke said:
A hard rain is falling on pro players right now. A couple of the best-present and past-true legends, are on the brink now. I dont know a thing about most of them so there probably are more. One is sleeping in his car. Cant blame it on BB but that's what they were currently grasping at to hold on. Very sad.
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R. Kelly style! far worse than Prince's Purple Rain! Yellow snow, yellow snow, falling EVERYWHERE and not an umbrella ANYWHERE! Oh their hair, oh their hair, Rain drops keep falling everywhere. But, hay they free! Nothing worrying thee!

Bonus Ball Poem!

LOL, so sad you got to make jokes!


KD
 
JumpinJoe said:
Most have already chipped in, it's called ABP I think. Why don't they pay the attorney, where's Archer, and Pedo.
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all i know, is that i wouldn't be uprooted @ 6 months & clear across country & o-o-p expenses, without an iron-clad contract, backed w/ Trust acct & bonded. that I, paid MY atty to review & CYA. and after he confirmed ALL-LLL the $,$$$,$$$, that supposedly existed from "ïnvestors".

and after 1 week arrears, i'd walk before the next weekend's matches....

know the fastest way to get paid when they NEED you?
 
Life as a P.P.P.! (PRO POOL PLAYER) LOL!

PINKLADY said:
all i know, is that i wouldn't be uprooted @ 6 months & clear across country & o-o-p expenses, without an iron-clad contract, backed w/ Trust acct & bonded. that I, paid MY atty to review & CYA. and after he confirmed ALL-LLL the $,$$$,$$$, that supposedly existed from "ïnvestors".

and after 1 week arrears, i'd walk before the next weekend's matches....

know the fastest way to get paid when they NEED you?
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The "real world" doesn't enter in to "the reason why" ALL the pro's invited (except for a few) took the bait!
My sincere question from the inception of BB was, "who doesn't know this is going to FAIL miserably?" I guess the answer was, "the Pro Players!"
If they're payin' attention now, they're not in the dark anymore!!!:idea:
 
PINKLADY said:
all i know, is that i wouldn't be uprooted @ 6 months & clear across country & o-o-p expenses, without an iron-clad contract, backed w/ Trust acct & bonded. that I, paid MY atty to review & CYA. and after he confirmed ALL-LLL the $,$$$,$$$, that supposedly existed from "ïnvestors".

and after 1 week arrears, i'd walk before the next weekend's matches....

know the fastest way to get paid when they NEED you?
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Pool Players Know nothing about such things but in any other sport the Players organization would know what to do. Not in pool. There might not be a college grad in the ABP and Im not saying college makes you smart either. Ill just leave it at that.

There were people urging players not to uproot their lives without assurances. JCIN was one who said it over and over.

Many others knew and said the numbers cant work but "when you aint got nuthin, you got nuthin to lose" I guess
 
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Nostroke said:
Pool Players Know nothing about such things but in any other sport the Players organization would know what to do. Not in pool. There might not be a college grad in the ABP and Im not saying college makes you smart either. Ill just leave it at that.

There were people urging players not to uproot their lives without assurances. JCIN was one who said it over and over.

Many others knew and said the numbers cant work but "when you aint got nuthin, you got nuthin to lose" I guess
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Enter Billy Preston - http://www.youtube.com/watch?v=aj5DccgBYeM
 
Nostroke said:
Pool Players Know nothing about such things but in any other sport the Players organization would know what to do. Not in pool.... There were people urging players not to uproot their lives without assurances. JCIN was one who said it over and over. Many others knew and said the numbers cant work but "when you aint got nuthin, you got nuthin to lose" I guess
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i want to go on record. i finally joined AZB (my man's an old-timer), because i saw it coming @ early JUN. AND IT MADE/MAKES ME SICK. i have met most of the pros & bought them drinks/partied w/ them @ Mosconi, Open, etc. they're good people. and yes, many are on very hard times & have been & BB would have been their salvation.

and BB took advantage of that, for whatever reason(s).

i'm in Vegas 5/yr @ 12 yrs & have seen the economy & flipped leases & worked upfits. NONE of this added up. exampled by BB's debut & NON-streaming. and the 2 wks it took to maybe-rectify....

i truly hope, that the players have a solid contract, and they have already filed, for all that they are OUT$$$$$, before BB GOBs.

because it's bullsh_t.

i think they'll have to cut their losses.
but hopefully SOMEONE, with some SENSE & $$$$$$$, can salvage them for their futures.

if you're going to lose, lose BIG!
 
Kid Dynomite said:
http://www.ehow.com/how_8719141_record-lien-las-vegas-nevada.html

Does this sound familiar and cheap answer to the problem of payment! Muddies the water a little. Hard to sell footage with a lien against it. Plus, sell any equipment proceeds must be used to pay creditors.

Kd
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you're very smart.

yes. 1st race state to file and/or contractor's liens take precedence.
cost to file is usually $35+/-; simple paperwork @ courthouse across town.

this, is why i've been asking if they have contracts & an atty on staff. $250 retainer.
and i'm sure, that at least 1 of us @ AZB knows a contractor licensed @ Vegas, who could file a lien....
 
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