Where does TV poker coveage ad money go?

[resboard]

Ok i really think some of you are not understanding this.

WSOP is a business. They are in the business of running Poker tournaments. WSOP Rents the casino. When you buy in you are paying a fee to the house and you are contributing to the prize pool. We all agree on that.

What happens from there. Well WSOP takes its videos and says who wants to pay me for these, well ESPN currently does. ESPN buys the rights to the WSOP recordings. So now WSOP is done. They made money from the rake to cover the cost of running the tournament, and they made their profit selling their tapes. Don't we agree businesses deserve to make money?

Now ESPN takes their new tapes and puts them on television. They make their money from selling ads. The money from these ads goes to covering the money they spent on the tapes from WSOP, and anything on top is profit.

Where in this line does anyone think money should be put back into the pool?


On a side note, down with unions. Unions destory most businesses.

BTW Greg I am fan.

[UATrewqaz]

They aren't putting any money towards the players because they don't have to, their businesses are functioning at a high level of profitability without having to do so.

The NFL could have a rule stating "all players make 100K a year" but such would cripple the sport. All the best players would boycott, they would see the billions generated and demand a larger cut. The public would lose interest in the NFL because they want to see the best players and a high level of competition. Although the NFL could find replacement players (and has before) people wouldn't like it nearly as much and profits would dry up.

Long story short, sports leagues give players a cut of the tv money because they have to.

I don't blame poker organizations (WSOP/WPT) for not giving money to the players. They simply don't have to right now. The players aren't organized enough to demand it and the public doesn't care about the "stars" as much as they do with sports.

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Unions destory most businesses

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Unions can be very corrupt and can do alot of stupid stuff, however they also can achieve positive things too.

[ne14dirt]

The WPT, the EPT, the WSOP and all of the lesser televised tournaments should not pay the players a dime, and in turn the players should see this as their opportunity to seize on the fact that Lyle Berman and his ilk are putting money in their back pockets that rightly should go to the players.

If the poker boom lasts I see it going the same way as baseball did many many years ago. During baseballs inception players we paid very poorly and basicly told that there were lucky to be paid at all. Then many years later the players realized they were providing all the content, without them the game did not exist in the form it was presented to the public.


The guy earlier who was talking about Wheel of Fortune……the participant pool is never ending......no relevance to this topic. He goes on to say that we don’t think like businessmen. Well I would say it depends on what side of the business we are talking about, the player side or the owner side. And I’d finally like to comment on the fact that union destroy most business.......bla bla bla

[Joe O]

Guys, you can stop trying to reason with resboard. He's obviously an idiot and his argument comes down to this
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On a side note, down with unions. Unions destory most businesses.


[/ QUOTE ]
He's just a retarded Alex Keaton. Leave him be.

[Grasshopp3r]

Greg is a board member of the PPA. Does he characterize the PPA as a union? Does he envision some sort of qualifying process like the PGA with their own separate events or does he view the egalitarian nature of poker with basicly unlimited fields where everyone who puts up their cash can play?

[Greg (FossilMan)]

The PPA is definitely not a union. While I wish it were possible for poker players to unite and bargain for more of the tv money and other revenue streams, I'm realistic enough to know that it is very unlikely to happen. It is just not like a physical sport where everybody can clearly distinguish between the best and the second tier. As such, if we unionized and went on strike to get our due, it is quite likely we would just be replaced, and not missed enough to have market power. I hope I'm wrong, and we can do something down the road.

Later, Greg Raymer (FossilMan)

[baggins]

Greg -

I'm sure it's been considered, but...

Why not start your OWN production company and host tourneys around the world with TV and the whole nine yards? You and some of the other big names you're connected with could easily (i'm sure its not as easy as it sounds, of course.) put together the funding and use your contacts to get something going.

Of course, the current WPT, WPC, WSOP etc. tourneys have an advantage - they already exist and are household names.

However, if you guys play your cards right, and inflate prize pools with sponsorhip dollars, you could attract some of the BIGGEST names (aside from yourselves of course) and instantly have THAT leverage in terms of viewership. people want to watch the big names. if your tourney has the biggest names, you should get more viewers.

i know its not very concrete, and there's a lot of work and details to make something like this happen. but, the way i've always seen things, if you want to effect change in the way things work, you must lead by example. you can lobby and argue and plead, but if you simply start doing things the way they ought to be done, then over time things will come around.

obviously, this is pretty optimistic. but it's the only way things get done.