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Re: Entry fees gone for the Bass Elites
[Re: Chris B]
#15233357
11/01/24 04:05 PM
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Joined: Dec 2008
Posts: 17,451
grout-scout
TFF Guru
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TFF Guru
Joined: Dec 2008
Posts: 17,451 |
Sounds like these pros need to restructure their deals with the sponsors. “Dear sponsor, if I come in 103rd place and sell ZERO of your product, you need to pay me $10,000 for my efforts”. Some of these guys are such idiots.
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Re: Entry fees gone for the Bass Elites
[Re: grandbassslayer]
#15233370
11/01/24 04:21 PM
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Joined: Nov 2002
Posts: 5,176
BMCD
TFF Celebrity
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TFF Celebrity
Joined: Nov 2002
Posts: 5,176 |
what am I missing? how is anyone upset about this? seems to me the issue is some were paying entry fees and other were not. if you were not paying entry fees, due to sponsorship, i guess this is a paycut? but could u negotiate more money from sponsors that comes directly to you?
I dunno, i'm not a pro, so what do I know. Have you looked at the payout schedule and watched anything on it. Numbers are out there how can anyone not? But maybe im missing something. i think the issue for some is the realization of sponsorship money to pay for fees. Well if that money now goes direct to angler this could be good for those who were receiving it. if you were unfortunate to not have sponsors for paying fees, seems like a lot less risk. Upside of this could be more money to anglers in the form of sponsorship dollars. Its just change. I think it also lower the risks for newbs getting in. Put the sponsorship money aside - regardless if your fees are paid by a sponsor or not, regardless if you get to keep that money or not- the entire pay structure has been shifted to the bottom half of the field. sure put it aside it may not be better, but that's not the business model for anglers. Both payout structures that equals failure, its how you take advantage of the platform in my opinion.
Last edited by BMCD; 11/01/24 04:22 PM.
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Re: Entry fees gone for the Bass Elites
[Re: Chris B]
#15233549
11/01/24 06:38 PM
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Joined: Feb 2004
Posts: 5,781
206champion
TFF Celebrity
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TFF Celebrity
Joined: Feb 2004
Posts: 5,781 |
Good for Bass and the Elites.
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Re: Entry fees gone for the Bass Elites
[Re: Chris B]
#15233641
11/01/24 08:58 PM
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Joined: Jun 2011
Posts: 5,670
H2O Seeker
TFF Celebrity
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TFF Celebrity
Joined: Jun 2011
Posts: 5,670 |
Best breakdown I have seen.
Grateful for every sunrise and sunset I get to witness. - Jason
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Re: Entry fees gone for the Bass Elites
[Re: Chris B]
#15233658
11/01/24 09:05 PM
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Joined: Jun 2012
Posts: 21,508
Douglas J
TFF Guru
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TFF Guru
Joined: Jun 2012
Posts: 21,508 |
they took $500K a year out of the prize pool. it is a red herring for sure
#MFGA
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Re: Entry fees gone for the Bass Elites
[Re: Douglas J]
#15233743
11/01/24 10:58 PM
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Joined: Mar 2017
Posts: 1,611
pchapin
Extreme Angler
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Extreme Angler
Joined: Mar 2017
Posts: 1,611 |
they took $500K a year out of the prize pool. it is a red herring for sure They took $425k per tournament out of the prize pool. $3.8 million per year.
“No reasonable person would conclude that the statements were truly statements of fact” P01135809
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Re: Entry fees gone for the Bass Elites
[Re: Chris B]
#15233763
11/01/24 11:39 PM
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Joined: Jun 2020
Posts: 14,941
grandbassslayer
TFF Guru
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TFF Guru
Joined: Jun 2020
Posts: 14,941 |
I guessed they assumed no one would notice because you have to really suck at math to sign up anyways.
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Re: Entry fees gone for the Bass Elites
[Re: pchapin]
#15233855
11/02/24 01:43 AM
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Joined: Feb 2014
Posts: 1,135
Big Swimbait
Extreme Angler
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Extreme Angler
Joined: Feb 2014
Posts: 1,135 |
they took $500K a year out of the prize pool. it is a red herring for sure They took $425k per tournament out of the prize pool. $3.8 million per year. Correct. But they also decreased revenue by $3.55 million per year. All of the comments about the economy are not smoke and mirrors. You can't have zero entry fees and the same payouts. BASS is a for profit company. I would have rather seen a compromise. Cut the entry fees in half and only pay the top 40. That way it is truly a performance based model.
Less gritchin', more fishin'
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Re: Entry fees gone for the Bass Elites
[Re: Big Swimbait]
#15234076
11/02/24 01:53 PM
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Joined: Feb 2004
Posts: 5,781
206champion
TFF Celebrity
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TFF Celebrity
Joined: Feb 2004
Posts: 5,781 |
they took $500K a year out of the prize pool. it is a red herring for sure They took $425k per tournament out of the prize pool. $3.8 million per year. Correct. But they also decreased revenue by $3.55 million per year. All of the comments about the economy are not smoke and mirrors. You can't have zero entry fees and the same payouts. BASS is a for profit company. I would have rather seen a compromise. Cut the entry fees in half and only pay the top 40. That way it is truly a performance based model. That would have been a good idea.
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Re: Entry fees gone for the Bass Elites
[Re: Chris B]
#15234092
11/02/24 02:06 PM
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Joined: Dec 2003
Posts: 2,950
emorydog
Extreme Angler
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Extreme Angler
Joined: Dec 2003
Posts: 2,950 |
BASS good MLF bad….even when they both change rules, field size and payouts to keep their business running. I get it now. Makes me think Worldwide might need to dig his knee pads out the trunk.
weber
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Re: Entry fees gone for the Bass Elites
[Re: Monty Wright]
#15234528
11/02/24 08:59 PM
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Joined: Jun 2020
Posts: 14,941
grandbassslayer
TFF Guru
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TFF Guru
Joined: Jun 2020
Posts: 14,941 |
“Now, the Elite Series is in a league of its own, and the only league equivalent to other major individual sports” You are smoking crack- fishing isn’t the knat on the rear of any major sport. Cornhole has a bigger following.
Last edited by grandbassslayer; 11/02/24 09:00 PM.
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Re: Entry fees gone for the Bass Elites
[Re: grandbassslayer]
#15234539
11/02/24 09:17 PM
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Joined: Apr 2017
Posts: 14,084
tmd11111
TFF Guru
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TFF Guru
Joined: Apr 2017
Posts: 14,084 |
“Now, the Elite Series is in a league of its own, and the only league equivalent to other major individual sports” You are smoking crack- fishing isn’t the knat on the rear of any major sport. Cornhole has a bigger following.
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Re: Entry fees gone for the Bass Elites
[Re: Chris B]
#15234586
11/02/24 10:05 PM
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Joined: Sep 2003
Posts: 3,454
Champion1
TFF Team Angler
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TFF Team Angler
Joined: Sep 2003
Posts: 3,454 |
So if I qualify for the Elites, all I gotta do is show up and I got a shot at $100k? Yea Im not interested in that.
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Re: Entry fees gone for the Bass Elites
[Re: Chris B]
#15235109
11/03/24 03:44 PM
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Joined: Feb 2013
Posts: 6,228
Bass-N-Buck Master
TFF Celebrity
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TFF Celebrity
Joined: Feb 2013
Posts: 6,228 |
So they decreased their entry fee revenue by 4.68 million based on 104 anglers. Well this will be interesting to watch and listen too.
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Re: Entry fees gone for the Bass Elites
[Re: Champion1]
#15235117
11/03/24 03:53 PM
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Joined: Dec 2008
Posts: 17,451
grout-scout
TFF Guru
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TFF Guru
Joined: Dec 2008
Posts: 17,451 |
So if I qualify for the Elites, all I gotta do is show up and I got a shot at $100k? Yea Im not interested in that. Wellllllll…..you know……apparently they aren’t worried about first place, they just worry about anything else. I still can’t fathom how guys can cry about saving $45k, which makes every drop of their sponsorship money pure profit.
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