Just want to take a moment to thank everybody (with one exception) for their feedback on here. I don't profess to have all the answers. I'm just like most of you, wanting to see professional pool have a higher standing in the sports firmament. I am certain that a pro tour is doable, based on my previous experience. It just would take a lot of work and a lot of organization.
The truth is that I'm not anxious to take this one on at this time. I'd rather sit back at home and write books or work on TV shows or maybe just do one or two special events. But I also believe that I'm well qualified to operate such a tour if it were possible to get one funded. If an interested party or parties came along and wanted to create a pro pool tour, I would get onboard, just like I offered to do with Trudeau years ago. But I quickly figured out he was up to something that was not all kosher, so I backed off.
I would be quite willing to play a role in making a pro tour a reality in this country. I don't have to run the show or even handle the money. Like all of you, making money and living well is important to me, but money does not run me! I already have enough for all my needs, and have worked for little or nothing at many events just to help out. Ask Greg Sullivan how much he pays me for running the events I do at DCC sometime. You might be surprised.
It is true that I have gambled extensively in my life, both winning and losing. But I pride myself on being an honest gambler. I pay off when I lose and expect to be paid when I win. I'm not in this to take anyone's money. My goal would be to do something to further our sport. Sure, I would like to make a buck as much as the next guy. But an honest one! I have always been willing to work hard for my money. Let me tell you that running a pool room seven days a week, 14 hours a day, 365 days a year is no piece of cake. And I've done it for several years in a row, with only a few days off once in a while.
To answer one more question, it could definitely be done with less money. Smaller events like maybe 100K each and/or fewer events are all a possibility. I just happen to think that to make it work and to be a credible pro tour, the events have to be on a par with other professional sports or at least close. 50K is not a big amount for first place, but it's not chopped liver either. I'd personally like to see half million dollar purses and 100K for first, but that is not realistic either. To me two million is the magic number, enough to create several "major" events and not too much to raise.
And yes, I agree that would not carry us beyond the first year. I would suggest that another million would be necessary to have a second year on this tour. For a major corporate sponsor that is not a of of money. What they would get in return is national publicity for a period of time. A two year commitment would be a great test of how feasible it all is from a sponsors point of view.
My only purpose in starting this thread is to point out that it could be done if funding were available. Where that funding would come from I couldn't say at this time. It's good to have this dialogue as a starting point. EVERYTHING begins with an idea!
Just as a gag for the first tournament when its time for the check presentation you could have a hot chick come out in a tight fitting fedex tshirt and hat to explain that the TD forgot the check book and the money would be sent ASAP via Fedex.

On a serious note I think your idea is great. I believe at some point some rich pool enthusiast is going to put together a successful tour and I wouldn't be surprised if its you that runs it.