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USPPA Reno players, did they get paid?
- Thread starter bumpypickle
- Start date
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I agree, we need to stick to the topic and make a point that people like this should not run tournaments if they can not pay the players!!!!!!!!!!!!!
There is no need to make up stories or excusses, the point is THE PLAYERS DID NOT GET PAYED!!!!!!!!!!
$9,900 entry fee + 15,000 added = $25,000 prize fund 000000000 paid to players = Jail. In the real business world guys like this would be in jail!
Can we drive over to his home and see if he is there? Maybe he took the family to a vacation getaway. How close knit is the pool community?
Alternatively who has his phone number?
Does anyone have contact info?
A common NY tactic is to overwhelm the phone lines of a business so they can't take on customers.
Another technique is that pool players rely on prizes as salary and their families need it for expenses like medical and rent. But that is for the press.
The best one is the direct one, find him and have him explain it.
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I'm inclined to give Tony the benefit of the doubt...I've known him for a while and this really does not seem like him...BUT he needs to start explaining or paying soon.
~rc
Typical the USPPA website is under construction and the only listing is a PO Box. It isn't looking good.
USPPA, Inc.
P.O. BOX 160047
SACRAMENTO, CA 95816-0047
Tony Annigoni
831-277-0216
http://www.usppa.com/contact.html
Before I even try I predict the answering machine picks up or the box is full and no one can leave messages.
Asking someone to speak about their payment is a suicide mission. The first move should be from the USPPA as a chance to save his reputation.
I don't think Tony had much reputation to save. He had burned enough bridges with everyone who dealt with him. This was probably his last dance and he seems to have botched it.
S.
He and I are meeting tomorrow to play some. I will find out and if it is OK with him, I'll let you know. John
I work with hotels daily and I would like to offer some insight as to how something like this could blow up on a promoter.
If a promoter enters into an agreement with a hotel, there will a contract with many fine points. Let's just say, for example, a hotel agrees to "rebate" $10,000 based on performance and $10 per room night for each room sold. The promoter then counts on this money as part of the income.
At the same time, the promoter will book a certain number of rooms to be sold to the participants. For example, say 1000 room nights @ $100 per night = $100,000 in revenue. The promoter is then counting on a $10,000 rebate, plus $10 per night for each room sold - another $10,000, for total income of $20,000.
The hotel will require guarantees that the rooms will be sold. Let's say they require 80% of the rooms to be used, or 800 room nights. Any shortage will be paid by the promoter.
All is well when things go well, but what if the turn out is poor due to the bad economy and only 500 room nights are used? The promoter will have to pay for the 300 unused room nights (800 guaranteed versus 500 used) , or $30,000. They will not get the $10,000 performance rebate. but they will get the $10 per night rebate, or 500 X 10 = $5,000.
So, instead of having $20,000 added by the hotel, there will be a debt to them of $25,000.
Even if the group peforms as expected, hotels may not pay the rebate promptly. So, you can see that being a promoter is very risky business if they are counting on hotel income and speculative attendance.
Chris
If a promoter enters into an agreement with a hotel, there will a contract with many fine points. Let's just say, for example, a hotel agrees to "rebate" $10,000 based on performance and $10 per room night for each room sold. The promoter then counts on this money as part of the income.
At the same time, the promoter will book a certain number of rooms to be sold to the participants. For example, say 1000 room nights @ $100 per night = $100,000 in revenue. The promoter is then counting on a $10,000 rebate, plus $10 per night for each room sold - another $10,000, for total income of $20,000.
The hotel will require guarantees that the rooms will be sold. Let's say they require 80% of the rooms to be used, or 800 room nights. Any shortage will be paid by the promoter.
All is well when things go well, but what if the turn out is poor due to the bad economy and only 500 room nights are used? The promoter will have to pay for the 300 unused room nights (800 guaranteed versus 500 used) , or $30,000. They will not get the $10,000 performance rebate. but they will get the $10 per night rebate, or 500 X 10 = $5,000.
So, instead of having $20,000 added by the hotel, there will be a debt to them of $25,000.
Even if the group peforms as expected, hotels may not pay the rebate promptly. So, you can see that being a promoter is very risky business if they are counting on hotel income and speculative attendance.
Chris
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That sounds like great info for requirements on the "Added Money" slogan. Added money can't be based on hotel commission for rooms. "added money" should be money available to prize winners at will.
I guess being able to do that is what separates the 'Real' Promoters from the 'Wanna B's'
S.
I've been reading this thread from it's beginning and have kept from posting on it in the hopes that Tony would get some word out.
I have been friends with Tony for over forty years and am hoping that there is a good reason for the delay. Let us know if Tony is willing to bring out some info on this. I'm hoping there is a logical explanation.
Good luck in your match. Looks like you might have something to win. lol
FWIW, I have first hand information on which promoters disguise hotel rebates as added money. I do not wish to get into any kind of legal issues by naming them. Maybe they'll admit that they do it and turn themselves in to everyone. I can tell you, however, that Tony Annigoni is not one of them.
I don't see anything incorrect about using rebates. commissions, vendor booth fees, advertising proceeds, or any other form of income generated as being added to the prize fund, as long as the prizes promised are accurately stated and are there when it's time to pay them.
The problem is the promotor must have ample cash backing and pay promptly. It's pretty obvious to me that some of these events are being put on by people with cash flow problems.
Chris
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Fran,
Does anyone really know what "added money" really is? Or how it is determined?
Lyn
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