Steve,
If there are people out there (probably very small number) who believe
promoters should not be making a profit, no biggie. As you said, tons of
work and hours go into putting on a race. All aspects of the work are
important for the race to take place. It is not like one gets the permit
then the prize money (or whatever) just materializes. I take the long view.
OBRA is doing an outstanding job of providing the framework for races to
take place. They promote the sport by helping it take place. Promoters,
volunteers, community members, businesses, friends and family are the core
of what makes a race happen. That will continue if the race is a positive
experience, thus gets the support from racers and backers of the promoter.
A lot needs to be in place for races to happen and continue. Many
(including my little volunteer self) don't have a clue about all the work
involved. It is easy criticize.
I was not racing when you promoted, but I would imagine a good time was had
by many back in the day. It still happens today.
Thanks for all the work you put into racing.
ron
-----Original Message-----
From: Steve Scarich via OBRA
Sent: Saturday, March 25, 2017 7:23 AM
To: obra@list.obra.org
Subject: [OBRA Chat] Prize List vs. Entry Fee
Best Prize: that's easy....a Cherry Pie
I promoted somewhere between 50 and 100 races (road and mtb) back in the
80's and 90's. Prize Lists varied between $500 and $20,000+. I had a
degree in marketing and worked in Sales my whole life. One of my guiding
principles in race promotion was to always have my 'nut' (the entire cost of
the event, including prizes), covered BEFORE the race even happened. That
way, if I had poor turnout (that happened sometimes), I would do no worse
than break even. Some events, my cash sponsorship exceeded my nut, so I
knew I would make a profit, no matter what. So, when I hear that promoters
depend on entry fees to cover part of their nut, I am a bit shocked. Maybe
it is harder to get sponsors now (I'm sure it is), but the current entry
fees amaze me. I know some will judge me for wanting to make a profit, and
that is their right. There were events where I put in literally hundreds of
hours of my time getting sponsorship, course approvals, recruiting
volunteers ,etc etc.
Steve Scarich
Bend
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