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#21
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total payout was 215$
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my bologna has a first name..... |
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#22
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out of a total of $310 in entry? before the 15% tax, i'm ok with payin a little managment fee but come on!
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my bologna has a first name..... |
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#23
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Quote:
So really, the total amount paid in (including fees) was what $398? And how do the claims of "we only take 10% up to $100" match with the claimed payout of 85% (and actual payout of 70%)? |
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#24
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Quote:
Quote:
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#25
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The old PDGA Tour Standards document said organizers could take a "management fee" of up to 10% (max $100 for C-Tier). But payout minimum was documented at 85% minimum. The PDGA was fuzzy on the details of where the other 5% went. In one response from the PDGA Office I was told it could go to items like sanctioning fees. For 2012, the Tour Standards document dropped the management fee item altogether and now just lists 85+% minimum payout. That opens the door for the organizers to take all 15% if they so choose. Unfortunately, the document still doesn't specify 85% of what is supposed to be paid out. Again I've been told by the office that's supposed to be net entry fee, but not a complete list of what are legitimately deductible expenses from gross to net. |
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#26
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You guys need to address all of this stuff to Chuck and Tiffany when you see them...
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#27
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Looking at the 2012 tour standards, in the table that has recommended entry fees, it says:
"Table shows net entry fees. PDGA player fees based on event tier, plus any local club or regional series player fees should be added to these figures in order to determine overall entry fees. " That shows that the deductions for PDGA and Series fees are legit. I don't have a problem with further deducting for online registration or facilities since those were clearly labeled on the entry flyer. So the minimum payout should have been 85% of $310 or $263.50 as ERic showed earlier. |
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#28
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Added red comma above to clarify. |
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#29
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will someone answer this please?
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my bologna has a first name..... |
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#30
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MOD: content removed at request of user.
Last edited by ERicJ; 02-23-2012 at 10:24 PM. |
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