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  #51  
Old 09-24-2007, 02:40 AM
[Phill] [Phill] is offline
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Location: Blogging Again (Again)
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Default Re: How much does someone make for being sponsored by a poker site?

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[ QUOTE ]
I want to know what the donks like Rainkhan make.

[/ QUOTE ]

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

[/ QUOTE ]

http://youtube.com/watch?v=K5Rd58Tmo...ed&search=
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  #52  
Old 09-24-2007, 04:23 AM
bustufools bustufools is offline
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Default Re: How much does someone make for being sponsored by a poker site?

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[ QUOTE ]
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.

[/ QUOTE ]

Ya Pokerstars prolly only makes around $100k profit a year right???
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  #53  
Old 09-25-2007, 02:51 AM
chiTown22 chiTown22 is offline
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Join Date: Mar 2007
Posts: 454
Default Re: How much does someone make for being sponsored by a poker site?

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
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.

[/ QUOTE ]


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.

[/ QUOTE ]

Ya Pokerstars prolly only makes around $100k profit a year right???

[/ QUOTE ]
Yeah that Nike company is just a start up, my bad.
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  #54  
Old 09-25-2007, 06:17 AM
Abbaddabba Abbaddabba is offline
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Join Date: Jul 2005
Posts: 827
Default Re: How much does someone make for being sponsored by a poker site?

I know this is obvious, but...

when they signed joe, they werent signing him because of who he is.
they didnt even sign him because he was a main event winner.

they signed him because he would be the third consecutive main event winner to be signed with stars; and it would therefor buy them the identity of being known as THE world series of poker site, even if it wasnt official.

stars signing joe was a lot more valuable than, say, UB signing joe. He isnt a big draw by himself. But he is a piece of a bigger puzzle that, when completed, makes legitimate pokerstars claim to being the official world series of poker poker site. Having the 3 consecutive main event winners does this for them.


Was he worth 7 million to have him signed for the year proceeding his win? I think there's no question that he was. The residual effects of him being signed that year are huge. The people who start playing on stars will most likel continue to play on stars. And they continue to benefit from all those new people who signed up during that time frame.
Did he get paid that much? probably not.

Clearly he isnt worth 7 million EACH YEAR. He is worth very little right now.
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  #55  
Old 09-25-2007, 08:15 AM
good2cu good2cu is offline
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Join Date: Mar 2005
Location: Blog Updated: 9/17
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Default Re: How much does someone make for being sponsored by a poker site?

[ QUOTE ]
[ QUOTE ]
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.

[/ QUOTE ]


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.

[/ QUOTE ]

ChiTown,
Good point at it appears as Hachem got quite ripped off. It’s my understanding that the 7 million was a one time fee. Not a yearly payout like these other athletes have. This is ridiculous when you consider Pokerstars almost surly makes more profit than Rebook and Nike combined.
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  #56  
Old 09-25-2007, 12:24 PM
chiTown22 chiTown22 is offline
Senior Member
 
Join Date: Mar 2007
Posts: 454
Default Re: How much does someone make for being sponsored by a poker site?

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
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.

[/ QUOTE ]


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.

[/ QUOTE ]

ChiTown,
Good point at it appears as Hachem got quite ripped off. It’s my understanding that the 7 million was a one time fee. Not a yearly payout like these other athletes have. This is ridiculous when you consider Pokerstars almost surly makes more profit than Rebook and Nike combined.

[/ QUOTE ]
I think you over estimate the size of the poker industry. Nike alone had over ~2 billion in profit last year.

If Joe got himself 7 million he made himself a great deal.
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  #57  
Old 09-25-2007, 01:26 PM
Rzitup Rzitup is offline
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Join Date: Sep 2002
Posts: 277
Default Re: How much does someone make for being sponsored by a poker site?

[ QUOTE ]
7 million isn't all that much considering what rested in the balance.

[/ QUOTE ]

It wasn't anywhere close to 7 mil.
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  #58  
Old 09-25-2007, 01:53 PM
ptartaglio ptartaglio is offline
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Join Date: Jan 2006
Posts: 82
Default Re: How much does someone make for being sponsored by a poker site?

When Jerry Yang made the final table thhis year, I heard a rumor that the got paid $100,000 to wear a Full Tilt logo. I'm sure he got more when he won.
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  #59  
Old 09-25-2007, 09:28 PM
Jimbo Jimbo is offline
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Join Date: Sep 2002
Location: Planet Earth but relocating
Posts: 4,376
Default Re: How much does someone make for being sponsored by a poker site?


[ QUOTE ]
ChiTown,
Good point at it appears as Hachem got quite ripped off. It’s my understanding that the 7 million was a one time fee. Not a yearly payout like these other athletes have. This is ridiculous when you consider Pokerstars almost surly makes more profit than Rebook and Nike combined.

[/ QUOTE ]


LOL, you must be kidding, did you miss my reply above to another poster?

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
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  #60  
Old 09-26-2007, 06:10 PM
RodeoBlue RodeoBlue is offline
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Join Date: Jul 2007
Posts: 96
Default Re: How much does someone make for being sponsored by a poker site?

[ QUOTE ]
When Jerry Yang made the final table thhis year, I heard a rumor that the got paid $100,000 to wear a Full Tilt logo. I'm sure he got more when he won.

[/ QUOTE ]

Nah, he prolly got way more than 100k once he told them that god wanted him to win.
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