US Open Bounced Checks?
- Thread starter PoolGrapevine
- Start date
cuedoctor said:
As I said before how about spreadin some of that Norwegian oil and gas $$$$$$$$$ for pool - Norwegian Open Men $500,000 added , $500,000
added for Women - alls I see are team 147 sponsored WPBA qualifiers for women and we know who they are for -
Mark Griffin said:
Mark,
I admire what you do for pool, and the project you are working with.
The point I am making in this thread is that I will not do anything to help the poolplayers in the future regarding late payment, if the players aren't interested in complaining when they are threated unfair. If they silently accepts to get checks that they need to wait 1 to 7 months before they cash, and think this is ok, why should I care about it?
The best thing for pool would be if all promotors paid the players immidiately after each tournament. The players don't seem to care enough to speak out loud about this subject, so then they accept to be paid late.
As for the World Ten Ball tournament, and all the noise about it: If YM pays Darren and the rest before April 2009, he has paid out much more money than BB did last year, and within the same amount of time. When players and fans believes what BB is doing is ok, why complain and bash YM?
I can't understand the logic, and what the players are thinking, so I have decided to not do anything to help them anymore about payments.
I will not call any players today, like I did yesterday, regarding World Ten Ball. They have obviously accepted BB's behaviour for years, meaning that it shouldn't surprise them if other promotors now starts to use BB's rules.
I say, let them handle it themselves, and good luck.
Mark Griffin said:
I agree, were suppost to be on the same side, thats why i didnt say any thing bad about anyone here and wont, I just confirmed a few things and wont compair promoters as its not my biz.
I do agree with you Mark, all monies should be in position before the first rack of balls is broke.
When I do pool events(and I will) I'm going to use open book accounting for all the principals involved(TD, Asst TD, board members, my advisors, vendors, investors etc.) and when I lose $$ in the begginning how much I lose will be public, when I make $$-I will tell everyone, as I believe if its worth doing its worth doing for $$$ and will make no excuses for my pay check-it will never come at the expence of the players, it will come from the gate, TV, advertizers, sponsers, vendors and where ever else I can make it work. For example suppose the total $$ left for the purse and me is $450,000 (just a random number). If my players make $300,000 in a event and I make $150,000 I will let the world know, there is nothing wrong with making $$$, Its going to be my show and my choice to disclose my profit-why hide it???-that will be the standard for all my gig's. If I'm hated for making $150,000 and paying out $300,000, then I'm a bad guy but my players will KNOW they will be paid on the spot-as they will see the accounting at the players meeting should they want to see it-hell they will know my end and why not-i will refund their $$ if they dont like me making $$$.
I do biz differently than others and have very different results
. If I lose $$ for year after year that will be public too, I'm a open book guy-love me or hate me. I believe I can put $$$ in everyones pocket-my customers (gate, TV, advertizers, sponsers, vendors and where ever else I can make it work), my players and lastly myself. My cusromers will make $$$ in the long run too, as they are as important as the players. I'm smart I hire smarter, better people and empower them, thats the trick to my success, thus far.I'm nobody special, I am just more creative and refuse to succomb to the general attitude of pool's negitivity(part of why I left pool years ago). But i'm not going to pay out $425,000 and make $25,000 as thats not worth my time. So the players and everyone will know Fatboy is gonna get fatter and pay everyone, all it is, is a redistribution of $$-nothing more. Problem is no one else sees it like that, so far as I have ever seen, but what else is it??? $$$ isnt created or destroyed at pool gig's. The IRS destroys $$:angry: . So I have to tap into streams of $$ and redistribute some of it, harder said than done. But i will...
If I cant make it work, I will say so-pubically. I'm still a couple years away from this.
If I did a event and made more than the winner but paid out more than I made Am I a bad guy?? i need a poll on this someday.
BACK TO THIS THREAD: I DONT AGREE WITH THE US OPENS CASH DISPERSMENTS BUT BARRY HAS PROVEN TO BE HONEST.
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I think I disagree about Barry having proven to be honest. I think this is not honest or ethical behavior.
If a gambling match finishes and the loser announces he'll pay in a few months, exact date to be announced later, he's likely to be looking down the barrel, or double barrel.
If a gambling match finishes and the loser announces he'll pay in a few months, exact date to be announced later, he's likely to be looking down the barrel, or double barrel.
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Barry called last night (after his first full day back to work after the Open) and was concerned about this thread. He asked me to post a quick response for him.
Per Barry...
Johnny's check did not bounce. It was taken to the bank a day before it was supposed to and that caused the problem. Johnny took it to the bank a day later and it cashed with no problem.
Barry cashed most of the players checks at the event. It was the larger ones that had to go through the bank.
As of yesterday, he had no calls from players with problems with checks.
Any arrangements made for paying Shane last year were between him and Shane and were made with total agreement from both sides.
Same goes for this year with Mika.
In conclusion, Barry says the US Open is not a money maker for him. He agrees with those who say it needs to be improved and he is going to work on that over the next year to hopefully realize more sponsors, more players and more television coverage.
Mike
Per Barry...
Johnny's check did not bounce. It was taken to the bank a day before it was supposed to and that caused the problem. Johnny took it to the bank a day later and it cashed with no problem.
Barry cashed most of the players checks at the event. It was the larger ones that had to go through the bank.
As of yesterday, he had no calls from players with problems with checks.
Any arrangements made for paying Shane last year were between him and Shane and were made with total agreement from both sides.
Same goes for this year with Mika.
In conclusion, Barry says the US Open is not a money maker for him. He agrees with those who say it needs to be improved and he is going to work on that over the next year to hopefully realize more sponsors, more players and more television coverage.
Mike
AzHousePro said:
Thanks Mike!
It is great to see that Barry wants to improve the perhaps best tournament that excist. I wish him all the best and hope that US Open will grow, get more players, more spectators and more sponsors, and hopefully Barry will make lots of money on doing the US Open.
What I am dissapointed about with what I have read in this thread is not that some checks will have to wait some time before they cash. It's the players attitude, by not saying that they should get paid immidiately. When they don't demand it, but accepts it quietly year after year, then how can they think that things will ever change? And how can they suddenly act surprised when/if other promotors start doing it the same way?
Now it looks like this will change in the future regarding this on the US Open. Why? Because it was made public!