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Brandon Belt- The Show Team Series
#14693230
04/17/23 07:04 PM
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Joined: Sep 2008
Posts: 1,923
Tx Tree Grower
OP
Extreme Angler
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OP
Extreme Angler
Joined: Sep 2008
Posts: 1,923 |
From everything I have heard this seems like a really well run trail by really good people. With that said it doesn't take a PHD in accounting to see that this thing simply isn't getting the participation to last very long. I obviously don't know their sponsorship situation, but they are clearly losing money on a strictly entry fee vs payout calculation. Only 86 boats on Palestine this weekend and 73 on Ray Roberts for the first tournament according to their results page. I'm sure Brandon has the funds to bank roll this thing, but I can't imagine he has an appetite to lose money on it for very long. The demand just doesn't seem to be there for the high entry fee tournaments. Be interesting to see how this organization evolves going forward.
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Re: Brandon Belt- The Show Team Series
[Re: Tx Tree Grower]
#14693233
04/17/23 07:08 PM
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Joined: May 2007
Posts: 45,065
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 45,065 |
I don't know if you lowered entry to 750 that it would make a difference. We live in a jackpotter world now and that's a lake that's off the jackpotter radar.
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Re: Brandon Belt- The Show Team Series
[Re: Tx Tree Grower]
#14693319
04/17/23 08:59 PM
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Joined: May 2009
Posts: 8,965
Barrett
TFF Celebrity
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TFF Celebrity
Joined: May 2009
Posts: 8,965 |
Somebody did the math on Roberts and they paid back 143% of entry fees and people were still bitching lol. Then they adjusted it for Palestine to save a little money (just a little bit) and got roasted on FB for changing the payouts when they don't even have a dang membership fee. Its a crazy world we live in but they won't last whatsoever unless Brandon just really needs a business that does nothing but lose money.
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Re: Brandon Belt- The Show Team Series
[Re: Barrett]
#14693368
04/17/23 09:56 PM
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Joined: Nov 2014
Posts: 27,370
SteezMacQueen
TFF Guru
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TFF Guru
Joined: Nov 2014
Posts: 27,370 |
Somebody did the math on Roberts and they paid back 143% of entry fees and people were still bitching lol. Then they adjusted it for Palestine to save a little money (just a little bit) and got roasted on FB for changing the payouts when they don't even have a dang membership fee. Its a crazy world we live in but they won't last whatsoever unless Brandon just really needs a business that does nothing but lose money. I used to work at a shop like that. It was a tax write off for his wife’s medical businesses. He couldn’t lose enough money fast enough. Now he has Fat Daddy’s restaurant and it loses a lot, so I guess they are helping. His Pro Mod teams lose a lot too.
Eat. Sleep. Fish.
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Re: Brandon Belt- The Show Team Series
[Re: Barrett]
#14693586
04/18/23 01:36 AM
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Joined: Jan 2007
Posts: 10,559
Jarrett Latta
TFF Guru
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TFF Guru
Joined: Jan 2007
Posts: 10,559 |
Somebody did the math on Roberts and they paid back 143% of entry fees and people were still bitching lol. Then they adjusted it for Palestine to save a little money (just a little bit) and got roasted on FB for changing the payouts when they don't even have a dang membership fee. Its a crazy world we live in but they won't last whatsoever unless Brandon just really needs a business that does nothing but lose money. I know right, guys will complain about the sky being blue then complain about the clouds the next day. It never ends. My suggestion is take the 35-40 teams that will pay up and show up to these types of events, TTO Pro for example. Make it $2000-$2500 an event and get it on.
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Re: Brandon Belt- The Show Team Series
[Re: Tx Tree Grower]
#14693637
04/18/23 02:41 AM
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Joined: Jun 2012
Posts: 21,786
Douglas J
TFF Guru
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TFF Guru
Joined: Jun 2012
Posts: 21,786 |
I would guess there is some sponsorship money involved.
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2024/11/full-72311-248284-f6b1190b_bbab_49d4_a1b2_6e9a1ce426f7.jpeg) #MFGA
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Re: Brandon Belt- The Show Team Series
[Re: Douglas J]
#14693800
04/18/23 12:34 PM
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Joined: Jun 2011
Posts: 5,750
H2O Seeker
TFF Celebrity
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TFF Celebrity
Joined: Jun 2011
Posts: 5,750 |
I would guess there is some sponsorship money involved.
....and a charity beneficiary.
![[Linked Image]](http://texashuntingforum.com/forum/images/graemlins/default/texas.gif) Grateful for every sunrise and sunset I get to witness. - Jason
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Re: Brandon Belt- The Show Team Series
[Re: H2O Seeker]
#14693857
04/18/23 01:18 PM
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Joined: Jun 2012
Posts: 21,786
Douglas J
TFF Guru
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TFF Guru
Joined: Jun 2012
Posts: 21,786 |
I would guess there is some sponsorship money involved.
....and a charity beneficiary. Not really sure of your point in quoting me, one has zero to do with the other. I was referring to operating costs and you’re referring to something that has to do with charitable contributions. Please explain the correlation…
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2024/11/full-72311-248284-f6b1190b_bbab_49d4_a1b2_6e9a1ce426f7.jpeg) #MFGA
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Re: Brandon Belt- The Show Team Series
[Re: Tx Tree Grower]
#14693946
04/18/23 02:22 PM
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Joined: Sep 2002
Posts: 999
R_L
Pro Angler
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Pro Angler
Joined: Sep 2002
Posts: 999 |
95 boats at Palestine. I'm sure Rayburn and Toledo will pull much better which probably means next year it will be a Rayburn/Toledo only trail.
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Re: Brandon Belt- The Show Team Series
[Re: Douglas J]
#14694138
04/18/23 05:42 PM
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Joined: Sep 2008
Posts: 1,923
Tx Tree Grower
OP
Extreme Angler
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OP
Extreme Angler
Joined: Sep 2008
Posts: 1,923 |
I would guess there is some sponsorship money involved.
For sure but I find it hard to believe they are making anything at a 143% payout level. They clearly are not getting anywhere near the numbers they thought they would. Between this and the TTO pro team, it seems pretty clear to me that the high entry fee tournaments are just not that popular.
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Re: Brandon Belt- The Show Team Series
[Re: Tx Tree Grower]
#14694210
04/18/23 07:05 PM
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Joined: Jul 2011
Posts: 9,268
the skipper
TFF Celebrity
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TFF Celebrity
Joined: Jul 2011
Posts: 9,268 |
I would guess there is some sponsorship money involved.
For sure but I find it hard to believe they are making anything at a 143% payout level. They clearly are not getting anywhere near the numbers they thought they would. Between this and the TTO pro team, it seems pretty clear to me that the high entry fee tournaments are just not that popular. They arent. Like Jarrett said, you just have to plan to have about 40 consistent teams and thats about it
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Re: Brandon Belt- The Show Team Series
[Re: Tx Tree Grower]
#14694225
04/18/23 07:24 PM
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Joined: Jan 2009
Posts: 50,386
fouzman
Methuselah
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Methuselah
Joined: Jan 2009
Posts: 50,386 |
Great folks behind this trail. Looking at the TOY standings and venues, this reminds of a Platinum Team Trail reboot. Just hope it doesn’t turn into The ETX Hammer League.
Coincidence is His way of remaining anonymous.
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Re: Brandon Belt- The Show Team Series
[Re: Tx Tree Grower]
#14694228
04/18/23 07:29 PM
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Joined: Jun 2012
Posts: 21,786
Douglas J
TFF Guru
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TFF Guru
Joined: Jun 2012
Posts: 21,786 |
I would guess there is some sponsorship money involved.
For sure but I find it hard to believe they are making anything at a 143% payout level. They clearly are not getting anywhere near the numbers they thought they would. Between this and the TTO pro team, it seems pretty clear to me that the high entry fee tournaments are just not that popular. With 95 boats they only paid out roughly $10K more than they took in as entry fees. Not sure that is 143% payout Bass Champs last event at Lake Belton had 145 entries @ $350 a pop is $50750. They paid out roughly $41,000. There is lots of sponsor money involved to make a trail profitable.
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2024/11/full-72311-248284-f6b1190b_bbab_49d4_a1b2_6e9a1ce426f7.jpeg) #MFGA
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Re: Brandon Belt- The Show Team Series
[Re: Tx Tree Grower]
#14694239
04/18/23 07:41 PM
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Joined: May 2003
Posts: 17,719
Chris B
TFF Guru
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TFF Guru
Joined: May 2003
Posts: 17,719 |
I hope they stick around. We really wanted to jump in the Ray Roberts tournament but unfortunately I had to much going on at the time.
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Re: Brandon Belt- The Show Team Series
[Re: Douglas J]
#14694490
04/19/23 12:30 AM
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Joined: Jun 2011
Posts: 5,750
H2O Seeker
TFF Celebrity
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TFF Celebrity
Joined: Jun 2011
Posts: 5,750 |
I would guess there is some sponsorship money involved.
....and a charity beneficiary. Not really sure of your point in quoting me, one has zero to do with the other. I was referring to operating costs and you’re referring to something that has to do with charitable contributions. Please explain the correlation… Revenue/expenses leave a trail. Sponsorship can cover operating costs and can grow in time as the relationship(s) are nurtured and could serve as 'revenue'. A charity attached to the organization provides an outlet of sorts. Potential strategic long term play. 2nd and 3rd contracts of MLB players are when they can bank. He was a bonus baby but minimal and it took him 5 contracts to get PAID. He's now on his 9th. If this were a pass through or not set up to make money it would not have been filed as an LLC run out of his home address. On the surface it appears he is losing money with each event. He has had some great financial counsel and is managing assets and investments.
![[Linked Image]](http://texashuntingforum.com/forum/images/graemlins/default/texas.gif) Grateful for every sunrise and sunset I get to witness. - Jason
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