How much does someone make for being sponsored by a poker site?
 

How much do poker players make for being sponsored by a poker site? Like Moneymaker, Raymer, Hachem, Negraneau from Poker Stars. I think some of the players from FullTilt actually have a stake in the site but how about regularly sponsored players from most sites?

Re: How much does someone make for being sponsored by a poker site?
 

free clothing, that's it

Re: How much does someone make for being sponsored by a poker site?
 

50/50 split of how much they scam from your play.

Re: How much does someone make for being sponsored by a poker site?
 

Moneymaker and Raymer are/were in a slightly different situation than Hachem--Hachem had not won a seat in the ME via an online satellite. Shortly after Hachem won, a big powwow was held at the Wynn, where each of the online sites made their pitch to bid for Hachem's endorsement. Scuttlebutt I heard was his original deal was for one year, for which he got $7 Million in cash, plus being bought in to as many of the WPT/WSOP events as he wanted (with the understanding that he would play quite a few of them), PLUS being bought into a fair number of the big tournaments on 'Stars (Sunday Million, WCOOP, etc).

Evidently, this deal has been extended, as Hachem continues to be affiliated with 'Stars, although how much money he gets in the clear (as opposed to just tournament buy-ins) is not information I have. 'Stars is not a "backer" on these tournament buy-ins btw; they don't profit from the players' wins, in either the WPT/WSOP events or the 'Stars events--they just want the players to be playing in the events, so they maintain their visibility.

I assume that Moneymaker and Raymer have similar deals (though possibly not as much free-and-clear cash).

Re FullTilt: It's true that Lederer and Ferguson have an equity stake, so their "payment" is obvious. As for the rest, I don't know--they appear to have various levels of sponsored player. For example, I'm sure that Jen Harman's deal is different from Greg Mueller, which is different from Matusow's, Phil Gordon's, or that of [insert name of latest 22-year old bracelet winner here]. The biggest names probably have similar deals to the 'Stars players--the lesser names may just get bought in to tournaments, and such, in exchange for wearing their logo-wear.

Re: How much does someone make for being sponsored by a poker site?
 

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Moneymaker and Raymer are/were in a slightly different situation than Hachem--Hachem had not won a seat in the ME via an online satellite. Shortly after Hachem won, a big powwow was held at the Wynn, where each of the online sites made their pitch to bid for Hachem's endorsement. Scuttlebutt I heard was his original deal was for one year, for which he got $7 Million in cash, plus being bought in to as many of the WPT/WSOP events as he wanted (with the understanding that he would play quite a few of them), PLUS being bought into a fair number of the big tournaments on 'Stars (Sunday Million, WCOOP, etc).

Evidently, this deal has been extended, as Hachem continues to be affiliated with 'Stars, although how much money he gets in the clear (as opposed to just tournament buy-ins) is not information I have. 'Stars is not a "backer" on these tournament buy-ins btw; they don't profit from the players' wins, in either the WPT/WSOP events or the 'Stars events--they just want the players to be playing in the events, so they maintain their visibility.

I assume that Moneymaker and Raymer have similar deals (though possibly not as much free-and-clear cash).

Re FullTilt: It's true that Lederer and Ferguson have an equity stake, so their "payment" is obvious. As for the rest, I don't know--they appear to have various levels of sponsored player. For example, I'm sure that Jen Harman's deal is different from Greg Mueller, which is different from Matusow's, Phil Gordon's, or that of [insert name of latest 22-year old bracelet winner here]. The biggest names probably have similar deals to the 'Stars players--the lesser names may just get bought in to tournaments, and such, in exchange for wearing their logo-wear.

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Nice reply, this is something that I've wondered about for a while too.

Re: How much does someone make for being sponsored by a poker site?
 

7 million is a bit high sir.

Re: How much does someone make for being sponsored by a poker site?
 

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7 million is a bit high sir.

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also, hachem bought in direct to wsop. he did not sat in.

Re: How much does someone make for being sponsored by a poker site?
 

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7 million is a bit high sir.

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Care to explain where you're getting such information?

Re: How much does someone make for being sponsored by a poker site?
 

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7 million is a bit high sir.

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Keep in mind however, that Hachem bought in directly, and no online owned him when he won.

He was in a rather unique situation, and if I remember correctly, it was also prior to the anti-internet gambling laws went into place in the US.

As such, he was in the catbirds seat, and had several onlines pitching offers to him. So, it is conceivable, that he could indeed garner 7 million from PS.

Re: How much does someone make for being sponsored by a poker site?
 

I heard it was 7million also....
But dont forget he has to clear 15X bonus in FPPs base to get it =)

Re: How much does someone make for being sponsored by a poker site?
 

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Care to explain where you're getting such information?

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I would, but really, what would be the point? Somebody will just flame away, claiming I'm talking out of my butt--I'd like to think that my posts are credible, given that they're written in English (a dying language on most online forums), and try to convey decent information (or ask a reasonable question) in a cogent fashion. Let us also not forget that this is NVG, after all--probably the most "caveat emptor"-like forum in all of 2+2.

Let's just say that I have a lot of friends who work for/with the online sites, primarily at 'Stars--this is why I was able to shed more light on the Moneymaker/Raymer/Hachem situation, than I could concerning the FTP sponsored players.

Re: How much does someone make for being sponsored by a poker site?
 

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7 million is a bit high sir.

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Care to explain where you're getting such information?

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I got my information from Common Sense due to a logical comparison to the market value on endorsements deals of major to mid major US athletes / Celebs.

7 Million Dollars for only one year is an extremely lucrative deal.

Re: How much does someone make for being sponsored by a poker site?
 

Steel Wheel,

I wasn't talking about your post, I was talking to the guy questioning it. It's awesome to see posts like yours around nvg.

Re: How much does someone make for being sponsored by a poker site?
 

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Steel Wheel,

I wasn't talking about your post, I was talking to the guy questioning it. It's awesome to see posts like yours around nvg.

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Allen Iverson 10million per year, Reebok
Michael Jordon 9.4 million per year, Nike
Kobe Bryant 8million per year, Nike
Joe the poker player 7million a year, PokerStars???????

We may all believe poker is big b/c we play, but overall poker is nothing compared to other sports. Stars is the largest site and it only has about 50,000 - 100,000 playing on it at a given moment WORLD WIDE.

Sorry, but I have a very hard time buying a $7,000,000 a year deal for a guy who won the WSOP.

Re: How much does someone make for being sponsored by a poker site?
 

It has been well documented on previous posts that FTP Pros get $35/hr and 100% rakeback.

Re: How much does someone make for being sponsored by a poker site?
 

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It has been well documented on previous posts that FTP Pros get $35/hr and 100% rakeback.

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i don't think PS makes business in the way FT does.
FT stakes their pros (they have lots) while PS just pays their entry (but they only have a few pros)

Re: How much does someone make for being sponsored by a poker site?
 

lol@7 million. Where do you idiots come from?

Re: How much does someone make for being sponsored by a poker site?
 

athletes have much more exposure, but i would guess stars makes 10-15 times as much money as nike for every person that is persuaded into choosing their brand

hachem making 7 million doesnt seem unreasonable to me at face value

Re: How much does someone make for being sponsored by a poker site?
 

@Butcho: No problem, thanks for the vote of confidence.

@ChiTown: $7 Million was the number as reported to me. Why is this so hard to believe? This year, FullTilt was offering $10 Million to any player who won a satellite on their site, and went on to win the main event. As the field thinned down to the final table with few online qualifiers actually making it to the end, the guerilla warfare ensued on the part of all the online sites, trying to cut sponsorship deals with the remaining players. It has been widely reported (or gossip-mongered) that FTP entered into an agreement with Jerry Yang at some point shortly before the final table began, which would pay him on a sliding scale (depending on final finish), in amounts very similar to those advertised by FTP in its original WSOP promotion.

btw, this guerilla warfare was common throughout the WSOP this year, especially for the televised final tables.

Additional caveat about the FTP $10 Million promotion in general: If the info about this past year's WSOP is still around on their website, take a look at the fine print carefully. Their promotion had a stated value of $10 Mil if an FTP online qualifier won the main event. The fine print was interesting--if you did win, the payout was offered as $1 Million a year for ten years. Additionally, the lucky winner had to agree to play a certain number of hours per week (or month--I forget which), in order to continue to receive the payout.

These terms were part of the reason why I mostly played 'Stars qualifiers, rather than FTP: I thought it unlikely that FTP (or any of the online sites) would still be around in anything resembling their current form in 10 years' time, so one might not end up getting even the full payout of whatever $10 Mil in 2007 dollars would be worth by 2016.

Re: How much does someone make for being sponsored by a poker site?
 

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I heard it was 7million also....
But dont forget he has to clear 15X bonus in FPPs base to get it =)

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Not enough love

Re: How much does someone make for being sponsored by a poker site?
 

$3.14 per annum.

Re: How much does someone make for being sponsored by a poker site?
 

Hachem was the perfect storm. ME had just more than doubled in attendance for the second straight year, TV ratings for WSOP and WPT were through the roof and Stars had just spent two years establishing itself as the place where players become world champions. Losing Joe would have sunk their entire marketing campaign. 7 million isn't all that much considering what rested in the balance.

Re: How much does someone make for being sponsored by a poker site?
 

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Hachem was the perfect storm. ME had just more than doubled in attendance for the second straight year, TV ratings for WSOP and WPT were through the roof and Stars had just spent two years establishing itself as the place where players become world champions. Losing Joe would have sunk their entire marketing campaign. 7 million isn't all that much considering what rested in the balance.

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always level headed and insightful, more please.

Re: How much does someone make for being sponsored by a poker site?
 

i dunno about 7 million but i think hachem would get more money than expected because he's australian and stars could build a big australian following around him

if he was an american, i'm thinking his payout would be less

Re: How much does someone make for being sponsored by a poker site?
 

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I heard it was 7million also....
But dont forget he has to clear 15X bonus in FPPs base to get it =)

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Not enough love

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<3

Re: How much does someone make for being sponsored by a poker site?
 

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Hachem was the perfect storm. ME had just more than doubled in attendance for the second straight year, TV ratings for WSOP and WPT were through the roof and Stars had just spent two years establishing itself as the place where players become world champions. Losing Joe would have sunk their entire marketing campaign. 7 million isn't all that much considering what rested in the balance.

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While I think 7mil is a bit high, the theory that is stated here is quite plausible. It isn't like JH will get the 7M a year for as long as he is at Stars. THAT would be insane. The next genuinely marketable (poor Jamie G.) person who wins the ME will be the target of Stars, FTP, etc. They get the big signing bonus until the NEXT person comes along. And so on...and son on....

Re: How much does someone make for being sponsored by a poker site?
 

Agree.

Also, I complimented you on your avatar the other day but you had to change it as it was too big. What was the "tackle" picture of and do you have a link to it?


Thanks.

Re: How much does someone make for being sponsored by a poker site?
 

Based on my figures and analysis, seven million is actually low vs. the return for Hachem.

If you guys take a look at Pokerstar financial report from last year and the first two quarters of this year, the profits have risen ridiculously every quarter since they signed Hachem with the exception of one quarter (4th quarter 06).

The numbers are sick and even though Hachem can't be give all of the credit, he was arguably their top pro before Negreanu.

So if Hachem was signed for seven million, then how much did they sign Negreanu for? It would obviously be more unless Negreanu was unaware of the amount Hachem made.

Re: How much does someone make for being sponsored by a poker site?
 

"It would obviously be more unless Negreanu was unaware of the amount Hachem made."

Unlikely?

Re: How much does someone make for being sponsored by a poker site?
 

How come Mr Fossilman Never replies to such info requesting posts...we know he's an avid 2+2 reader...would be nice for him to shed some light on these burning questions that the enquiring minds wants/needs to know.....

P.S. I am aware of the grammatical errors in the above post...

Re: How much does someone make for being sponsored by a poker site?
 

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How come Mr Fossilman Never replies to such info requesting posts.

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Confidentiality agreement.

Re: How much does someone make for being sponsored by a poker site?
 

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So if Hachem was signed for seven million, then how much did they sign Negreanu for? It would obviously be more unless Negreanu was unaware of the amount Hachem made.

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Negreanu hasn't just won the WSOPME, whilst people within the poker community could argue he has achieved more than JH, Joe Public doesnt know this, thus JH was/is far more marketble.

Also worth considering is that nowadays, PokerStars has far less competition for its business than pre the US banning online gambling. So I would assume they are less inclined to spend big $$$ on name players to attract new business.

Re: How much does someone make for being sponsored by a poker site?
 

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So if Hachem was signed for seven million, then how much did they sign Negreanu for? It would obviously be more unless Negreanu was unaware of the amount Hachem made.

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Negreanu hasn't just won the WSOPME, whilst people within the poker community could argue he has achieved more than JH, Joe Public doesnt know this, thus JH was/is far more marketble.

Also worth considering is that nowadays, PokerStars has far less competition for its business than pre the US banning online gambling. So I would assume they are less inclined to spend big $$$ on name players to attract new business.

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Negreanu may be the most marketable player in the game right now, with Ivey and Hellmuth the competition. Educated guess says Daniel gets less than Joe did for his title year but as much or more than Joe now. If I actually knew the numbers though, I wouldn't make the comment.

On why Fossilman doesn't weigh in here, I don't see much incentive for him to tell people what he's making or how it compares to his colleagues.

Re: How much does someone make for being sponsored by a poker site?
 

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Negreanu may be the most marketable player in the game right now, with Ivey and Hellmuth the competition. Educated guess says Daniel gets less than Joe did for his title year but as much or more than Joe now. If I actually knew the numbers though, I wouldn't make the comment.

On why Fossilman doesn't weigh in here, I don't see much incentive for him to tell people what he's making or how it compares to his colleagues.

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I think Phil Hellmuth has a way higher Marketing Value than Daniel Negreanu. He is probably the best known poker player around the world + he's got all the records.

I also think Phil Ivey is not thát great for marketing, he might be the best cash game player in the world but for the big public this doesn't mather, WSOP and WPT are way bigger for the common public. I think somoebody like Chris Ferguson might be a lot better for marketing. I think Mike Matusow is really big also, simpley because they're recognizeble, and have more TV time.

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You're kind of right, kind of not. Ivey stays quiet because he isn't interested in the celebrity angle. Interviewing him is like pulling teeth because he just doesn't want to be there. That said, despite his efforts, he's still amongst the five most recognizable players in the game, and amongst the poker community at large the most respected for his game (Chip Reese is the obvious alternative, but the poker world outside Vegas just doesn't know him all that well). If he wanted to, he'd be poker's biggest star.

"He could get a nine-figure deal (with Nike) right now if he wanted to commit to it." - This was said to me by an authority on such things during the 2006 series. I'd imagine the number has gone down with UIGEA.

On Hellmuth, he's probably better known than Daniel but brings some baggage with him. The 'brat' image isn't exactly what corporate america is looking for as representation goes. Aside from 2+2's love-to-hate relationship with him, Daniel's well liked, well respected and well-spoken. I'd bet good money that asked to choose between Phil and Daniel, non-poker companies would take Daniel in a second.

Actually, 'who is poker's most marketable player' might make for a good article.

Re: How much does someone make for being sponsored by a poker site?
 

I want to know what the donks like Rainkhan make.

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I want to know what the donks like Rainkhan make.

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Me too -- didn't Gobbo say it was 7-figures?
i find that hard to believe
(he might have said 6-figures...i forget)

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I want to know what the donks like Rainkhan make.

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Stevejpa as well as most sponsored pros make a lot less from sponsorships than they could playing poker.

Re: How much does someone make for being sponsored by a poker site?
 

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athletes have much more exposure, but i would guess stars makes 10-15 times as much money as nike for every person that is persuaded into choosing their brand



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I can't see any relevance to your statement above and why it means that 7 million would seem reasonable. Nike has over 16 billion in income and 7 billion in gross profit per year, you think Stars makes that much gross? Marginal revenue generated on a per custiomer basis is worthless when comparing two entirely different entities and then trying to use that measurement as a means of comparative compensation.

All that being true that doesn't meant that people aren't being overpaid every day all over the world. Wouldn't surprise me if he got 7 million plus perks, just that there is no way it was a great business decision if he did.

Jimbo

Re: How much does someone make for being sponsored by a poker site?
 

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Based on my figures and analysis, seven million is actually low vs. the return for Hachem.

If you guys take a look at Pokerstar financial report from last year and the first two quarters of this year, the profits have risen ridiculously every quarter since they signed Hachem with the exception of one quarter (4th quarter 06).


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Ah, one problem here . . . since PokerStars is a privately held company and does not report financials, just how did you see this information? You would have to A) be or know an insider (say, working for PokerStars' finance department), in which case they should fire your or their ass; B) be an investor (which you obviously are not); or C) be pulling this all out of your rear.

Me, I'm betting pretty strongly on C).