"The Checks are in the mail." Oh Dear...

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I think I see the big picture now.

All these critics must never had a payroll to meet or never received a nice check from an employer.

They all know what should be done but yet they can not afford to go to an IPT event or even join the IPT club.

Yep, they tell KT how to pass out $3,000,000 but can't afford a $6 membership.

Sure makes sense to me. Those are the people I will listen to.

Hey, maybe you guys can tell me how to invest my money. Know any good stocks? Mutual funds? CD's? Money markets?

Do you have any idea what I am talking about?

Oh right, you want the 8 for $50. Do you take checks?

Jake
 
Did Danny Harriman ever receive his money from Berhman? For the US Open?

At least Jay received his money.

And no one else has complained about not receiving their money.

Stick to designing websites The One and leave the high finances to KT and his excellent staff. Surely you understand that KT does not handle the mundane tasks like writing checks himself. His staff does that.

I'll bet you can tell us stories about how people stiffed you when you designed a wbsite for them. Or are you one of those who wants the money up front?

Jake
 
I wonder how many of the posters here complaining about the distribution of funds actually have a check due to them. If the players aren't complaining, what difference does it make to anyone else? I'm sure if someone doesn't get paid, we will hear about it. 104 posts, and who the heck are we?
Steve
 
jjinfl,

FYI, all the players are NOT or NEVER will be considered employees of the ipt. They are considered independent contractors. One of the defining characteristics between the two are that an IC is responsible for his or her own taxes and payments to social security. It also allows for the players to claim deductions on their own tax returns.

As far as the checks are concerned, the players should have been paid at the event, period, no excuses.

I was the one who preiviously posted that KT shared with me and others, including john schmidt that late may/early june that he said he had laready sold 49% of the ipt to a european company. I'd like to know which is the truth. Something else, that i never disclosed until now, but at the same conversation, with the same pro's in attendance, kt promised tht eventually he would be charging $5000.00 in 2007 for qualifier entries. He told me this at the world straight pool championships.

John schmidt, you out there? care to confirm what I just posted? Blackjack, you want to call him and ask him?

I have a bad feeling about what is going on here........
 
jjinfla said:
You people should check out InsidePoolmag.com once in awhile. You might learn something.

Sally Timko reported on this straight from the horse's mouth.

http://www.insidepoolmag.com/forums/showthread.php?p=1442#post1442

Now all you people who have been criticizing Kevin and Deno and the IPT in general should apologize to them.

I should hold my breath?

It is so easy to criticize before the facts are known.

Jake

Oh yeah, Fedex screwed up. PUHLEASE! And by the way, the mail is very bad coming out of Chicago, did you know that?
 
pooltchr said:
I wonder how many of the posters here complaining about the distribution of funds actually have a check due to them. If the players aren't complaining, what difference does it make to anyone else? I'm sure if someone doesn't get paid, we will hear about it. 104 posts, and who the heck are we?
Steve

I love this post, Steve. For 2 years I have tried to get Danny paid his money by Brady Behrman and I have been unsuccessful at getting Danny paid the full amount. Because of that incident where several players did not get paid, rules were changed in the sanctioning of UPA events concerning added money. That rule was made after the fact after several players had gotten screwed. In the past year I have tried to explain that there is still nothing in place to protect the players from this occurring again - with the IPT.

Do I believe that they will get paid? Yes I do. What difference will it make if someone doesn't get paid? To you nothing. For the players its a different story. It makes a difference to me and I will be there to assist the player/players in any way that I can FREE OF CHARGE. Would you do the same?

You need to understand that the IPT is not a perfect tour. It is still in its infancy and through trail and error they will take steps to improve it. There are major problems - some of them I brought up over a year ago. Then they were looked upon as "naysayer propaganda". Today some of it is reality. We have non-players making more money than the players that are winning their matches. There is still nothing in writing that guarantees the players a 6 figure salary in 2007. Many of the players already have their hearts set on that money. Unless something is set in place to guarantee the players that the IPT follows through on these promises then it is still a sandcastle. Just like everyone else, I hope that the IPT follows through on these promises for the players that have worked hard to maintain their tour status. With the reported sale of the IPT, every single promise can be abandoned and the players could be back at square one. The players should demand protection from that possibility, but there is nobody to speak for the players. Just like before, they have no representation and if anything should go wrong, they have nowhere to turn.
 
TheOne said:
The ironic thing is he has moved mountains to get a pretty decent online shoppingcart online so he cant accept payments for streaming video,qualifiers,products etc etc, No small achievment and pretty impressive in the time he had, we haven't heard many complaints from people having problems trying to pay. Why so many problems with getting paid? I hope its just another glitch :confused:

There has never been a problem with the IPT accepting payments. I know they bashed my credit card real quick for 2K. Bam!

The problem has always been the money going out. There are always delays there. Let's see; accounting procedures, misfiled paperwork, end of the month payment plan, slow mail service, lost mail, forgot my checkbook (my personal favorite). I've heard them all. And that was only for one check.
 
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yes, I did have trouble with the ipt accepting money from me, believe it or not. This past week during the reno event, I tried to purchase a membership using my american express card. It was declined 5 times (this would NEVER be possible). I called amex and they confirmed the problem was on the merchant side.

I wrote an email to the ipt explaining the problem, and surprisingly, they answered within a half hour. They apologized that at the present time, that althought the registration form has an acknowledgement for accepting amex, the ipt at present wasn't actually set up to receive payment from an amex card.

So, there really are growing pains.

rg
 
Has anybody mentioned the possible backdoor to cancel the IPT with the "sale" of the tour. Seems a little suspicious at times...

I'm still on board with the IPT but there has been a few signs lately that make me think about what could be going on...


As far as not getting paid - Very disturbing. No excuse for it. They could have, easily, had an accountant on sight with a laptop, printer, and a box of checks. Surely KT has this technology in his empire. No reason not to use it in the IPT...

I sure enjoy the IPT. I hope things work themselves out.


BTW - putting a web site together is childs play. Hard to believe a web developer would claim its like moving mountains :) Tell you what, we have several million teenagers over here in the states that can do it. We'll send em over to the UK to help you blokes out. Its win win. We get rid of teenagers and you fellas learn the basics of web developement :)
 
jjinfla said:
Okay, let's look at a few facts.

This is not some smuck tournament with 30-40 players. It is huge with 200 players plus all his other employees and contractors that have to be paid.

Can you imagine sitting down and writing out 200 checks?

I imagine they are all computer generated. That sounds pretty simple, just press a key and they are magically printed. But wait, you have to have each player's name on the check. Okay, that is no problem once the computer is set up just print them. But wait, you have to know the amount each player receives and that varies from player to player and is not determined until the end of the day.

Since the pool players can, and will be, considered employees of the IPT I can see in the future that payday will be once or twice a month just like any other employee in the USA. Most likely electronically deposited into their checking/savings account which might surprise some players that they will have to open an account at a bank.

Having cash on hand in those amounts can be a pretty expensive venture hiring all those armed guards to protect that money.

Jake

Jake, I'm sure you are a great guy and probably a good pool player too. But your excuses for the IPT are really weak and far reaching to say the least. Let's see what happens and if, in fact, everyone does get paid. But please, let's not excuse the facts that the players were misled and let down by this snafu.

My hope for the players is that the money is good, and they are paid in full. There has been a history of poor payments in Pool tournaments. Some rather big ones in the last ten years. I hope this is not another such debacle.
 
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jjinfla said:
Okay, let's look at a few facts.

This is not some smuck tournament with 30-40 players. It is huge with 200 players plus all his other employees and contractors that have to be paid.

Can you imagine sitting down and writing out 200 checks?

I imagine they are all computer generated. That sounds pretty simple, just press a key and they are magically printed. But wait, you have to have each player's name on the check. Okay, that is no problem once the computer is set up just print them. But wait, you have to know the amount each player receives and that varies from player to player and is not determined until the end of the day.

Since the pool players can, and will be, considered employees of the IPT I can see in the future that payday will be once or twice a month just like any other employee in the USA. Most likely electronically deposited into their checking/savings account which might surprise some players that they will have to open an account at a bank.

Having cash on hand in those amounts can be a pretty expensive venture hiring all those armed guards to protect that money.

Jake


The IPT has said the above was not the problem- Don't go calling them liars now Jake.

Let's say you are right, then why did we not see the following Email

Dear IPT Member

The logisitics of paying 200 players make it impossible to issue checks at the tournament venue. A check will be mailed to your address of record within 3 days of tournament end. Please plan your trip accordingly. We are sorry for any incon......blah blah

Sincerely,

Deno Andrews

Where was that Email?
 
jjinfla said:
I think I see the big picture now.

All these critics must never had a payroll to meet or never received a nice check from an employer.

They all know what should be done but yet they can not afford to go to an IPT event or even join the IPT club.

Yep, they tell KT how to pass out $3,000,000 but can't afford a $6 membership.

Sure makes sense to me. Those are the people I will listen to.

Hey, maybe you guys can tell me how to invest my money. Know any good stocks? Mutual funds? CD's? Money markets?

Do you have any idea what I am talking about?

Oh right, you want the 8 for $50. Do you take checks?

Jake

Jake I did sign up for the website and I thought they did I pretty good job. Thats why I am 100% sure it was harder to put that website together than write a few cheques.

As for the teenagers, well there's websites and there's websites lol, you obviously don't know the difference but the companies that I have worked for would probably charge well over $100k to build the IPT website in its current form. But hey if you've got an army of teenagers that can do it I'd be on the phone to KT right aways because he's paying IT guys 100k salary's to do the same thing, what a fool aye! :rolleyes: Actually whatever you do don't tell anyone else about this or I might be broke one day too!

I've got an idea, I'll sit at a table with a pen and 200 cheques, you sit at a laptop with all your teenagers and we'll start the clock! :D Hey maybe Jake can stake you! :p

You gotta love the excuses, I sure hope the IPT sticks around but I can't imagine how bad these excuses will get towards the end.

PS
Not all the players are happy but of course they're scared to death to complain.

EDIT
I'd also like to add that after I lost in the world straight pool I walked over to a small desk in the corner of the room and a cheque was written to me straight away while they were still running the tournament. OK $1500 isn't 500k but I assume this was the same for all the players.
 
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pooltchr said:
I wonder how many of the posters here complaining about the distribution of funds actually have a check due to them. If the players aren't complaining, what difference does it make to anyone else? I'm sure if someone doesn't get paid, we will hear about it. 104 posts, and who the heck are we?
Steve

Some players trust in Kevin- others players are scared to make a peep.
 
I would trust Harry Beeson but he is too fortright and for that he got banned.

Jake

Hey Jake, you are right about Harry. That is why he has purchased ALL his Predator equipment from Don "Purdman" Purdy.
Purdman
 
Jake, they knew exactly what all the spots paid. All they had to do was put a name on the checks. That's the bottom line my friend. My advise to you is, Don't defend and Don't denie!!!!
JMHO Purdman
 
A few things:

1) Like a poster said above, "there are websites and there are websites". I wouldn't say the IPT site would bring down $100k, but it'd still be a significant chunk of that if they were to have an outside web development/design firm build it for'em. It's certainly beyond your average high schooler. I've been doing web development for ten years and I have some clue about what I speak. :P

2) It's not uncommon at all for AmEx cards to be refused where Visa/MC are accepted. It happens in storefronts all the time - I believe it's due to the fee structure AmEx dictates, so that some companies simply decline to accept them.

3) Just because the player names etc are "in a database" doesn't mean jack as far as the checks go. Different applications use different database structures. Data doesn't magically massage itself. That said, even if they were using something low-end like Quicken, typing 200 names and amounts and printing out 200 checks is a no-brainer.

Like some others, I'm chalking this latest drama-laden (and the drama is HERE, not with the players themselves, it appears) issue up to growing pains, until I see evidence to the contrary.
 
jjinfla said:
I think I see the big picture now.

All these critics must never had a payroll to meet or never received a nice check from an employer.

They all know what should be done but yet they can not afford to go to an IPT event or even join the IPT club.

Yep, they tell KT how to pass out $3,000,000 but can't afford a $6 membership.

Sure makes sense to me. Those are the people I will listen to.

Hey, maybe you guys can tell me how to invest my money. Know any good stocks? Mutual funds? CD's? Money markets?

Do you have any idea what I am talking about?

Oh right, you want the 8 for $50. Do you take checks?

Jake

Jake, I will compare my portfolio with yours anytime!!!:D
Purdman
 
I think Fedex screwed up again because I just took delivery of all the IPT prize money checks...geezus how lucky can I be...:)
 
David,
I know the efforts you have put into helping the players. But just because Barry hasn't paid Danny, doesn't mean KT isn't going to pay the IPT players. There are an awful lot of people on these forums who are quick to jump all over KT for anything that goes wrong (in their opinions) with the IPT. Many of them can only dream of playing at that level, and I include myself in that group. They don't like the format, they don't like the rules, they don't like the way KT does business, they don't like the IPT chalk....they just don't seem to like anything about the IPT. I tend to admire what the IPT has been able to accomplish in a short time. If there was never another IPT event, it has already been far more successful than the old Camel tour. Tell me one person in the last 20 years that has done as much for professional pool as KT. What is it that makes some people want to look at something this good and see what bad they can find? Some people have been bashing the IPT before it even got off the ground...and I wonder if they are just hoping to see it fail so they can say "I told you so".

Many great businesses have problems. I'm sure Microsoft, IBM, Fedex, GM, and anyone else you can think of has had problems throughout their history. If they are good, they learn from their mistakes and continue to change and improve things. I think we should give the IPT a little breathing room. If checks start bouncing, or don't show up, I will be right there with the screamers. Until then, I will withold judgement, and enjoy some of the greatest pool, with the biggest payouts we have seen in decades!
Steve
 
harpoons and spears

pooltchr said:
David,
I know the efforts you have put into helping the players. But just because Barry hasn't paid Danny, doesn't mean KT isn't going to pay the IPT players. There are an awful lot of people on these forums who are quick to jump all over KT for anything that goes wrong (in their opinions) with the IPT. Many of them can only dream of playing at that level, and I include myself in that group. They don't like the format, they don't like the rules, they don't like the way KT does business, they don't like the IPT chalk....they just don't seem to like anything about the IPT. I tend to admire what the IPT has been able to accomplish in a short time. If there was never another IPT event, it has already been far more successful than the old Camel tour. Tell me one person in the last 20 years that has done as much for professional pool as KT. What is it that makes some people want to look at something this good and see what bad they can find? Some people have been bashing the IPT before it even got off the ground...and I wonder if they are just hoping to see it fail so they can say "I told you so".

Many great businesses have problems. I'm sure Microsoft, IBM, Fedex, GM, and anyone else you can think of has had problems throughout their history. If they are good, they learn from their mistakes and continue to change and improve things. I think we should give the IPT a little breathing room. If checks start bouncing, or don't show up, I will be right there with the screamers. Until then, I will withold judgement, and enjoy some of the greatest pool, with the biggest payouts we have seen in decades!
Steve

Steve,

I agree with you.....I am reminded of some company meetings I've been in, where suggestions were needed to solve certain problems.....I noticed there were those who made suggestions, and those who never offered a one, but were always voicing the negative side to every suggestion that was made.....finally, I got frustrated when after so many suggestions were "harpooned and speared" by those on the sidelines, that I asked "why don't you offer some suggestions then?" Of course, none was forthcoming...
 
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