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Old 11-08-2005, 04:09 PM
Wake up CALL Wake up CALL is offline
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Join Date: May 2003
Posts: 1,591
Default Re: Negreanu\'s latest blog update...

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This actually may be worse than it's being made out to be. Didn't Harrah's take $2M from player entry fees at all the other events to fund the TOC. Only later did Pepsi show up and offer to contribute $2M.

So what happened to the player's contributions? Did Harrah's pocket it? Giving three select players a free-roll into a tourney everyone else had to pay and play to qualify is just adding insult to injury. Once Harrah's found the sponsor, they should have used the sponsors money to increase the prize pool.

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Harrahs offered up their profit from hosting some of these events for the freeroll. Nowhere was it indicated on the entry fee forms that a portion of the prior entry fees were being set aside fir the freeroll. Suppose Harrahs in some monumental momemt of stupidity actually found a way to lose money on the prior events. Do you think they would have had the 2 million dollar freeroll without outside sponsordhip? Do you really think that the players believed that a percentage of their ebtry fees were being set aside seperately to fund this freeroll? Even if they did think this I am sure it was never written as a binding contract.
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