Just what I was looking for! THANKS! I knew as a 501(c)(3) corporation, something like this had to be out there. Also saves me a ton of time calculating that we brought in over $460,000 in tournament fees.
I knew the PDGA was a "sponsor" of Major events... but to what end I guess? Do we "add cash" to the entry fees and monies raised by the local club? Just seems like the purses could be higher for the larger events. We did a B-Tier last year in Joplin that had $4000 added cash an Ron Convers pocketed more money than most A-tiers for winning.
Several years back Nikko cashed like $10K or maybe $15K in one tournament... how do we get back to those days? Just seems like we're slumping rather than growing... at least from a monetary aspect.
The popularity of the sport is EXPLODING... our local club went from 31 to 100 members last year. So I love the growth... just seems odd that our world champ only took home $5500 last year.
10K was USDGC. That's mainly due to Roc sales.
I probably could expose how much the PDGA gave us for US Masters, but I'm not going to. I will say that they just gave us a check for $x and said we could do with it as we please. But budgetting an event is basic accounting; there is an in and an out. The goal is to get these two to equal. You always have more in your in based on added cash. The additional amount in the in column should represent your added cash so then you put in the out column and you are balanced.
We could have used that money to pay for players packs or entertainment or the players party or the added cash but in the end, its just an in and an out. All that mattered was we had $11,000 added cash in the pro fields and an event value of close to $50,000. When you consider we only had about $8,000 - $9,000 in entry fees, that's paying out over 500% of the amount you took in. That's a huge amount of in and not much out.
First places payouts are the most overlooked at number in disc golf.
9 out of 10 pros prefer flat payouts where first and second place get less, but 3rd 4th and 5th get a lot more. A great example of this was USDGC last year where everyone in the top 25 got over $1,000.
The amount of players in a field greatly impacts added cash. If an event raises $3,000 cash and has 40 pros, that means that $3,000 is split amongst 16 - 20 cashing players. That's $150 per player (assuming 20 paid).
If an event has $2,000 cash and only 10 players, that $2,000 is then split amongst 4 or 5 players, or $400 per player (assuming 5 paid).
If the entries were the same, everyone would think the second payout was better when in reality, the first payout is much better.
This happens every year at worlds and this is why it appears the worlds payouts suck, when in reality they are amazing. You are just paying 50 - 72 people sometimes. Your local B tier with 10 pros all of the sudden looks to have amazing payouts when in reality it's just another event.