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Posts: 32886
Location: Rhinelander, Wisconsin | Should be an interesting Poll, and will assist those who organize future events to make informed decisions.
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-Ok, you want a big dollar tournament, how would be your “IDEAL” tournament be set up? Over the next couple of weeks, we will post several surveys, so please take time to answer each one. Think about it and please use logic if possible.
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Question:
-Knowing that entry fee defines payout, what should the entry fee be per team? |
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| i voted for $1000 with the assumption that you're talking about a single, stand-alone event on waters worthy of that kind of investment. for a "trail" or series or events on less interesting waters, no more than $400/team per event. |
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Posts: 4080
Location: Elko - Lake Vermilion | I personally would be willing to pay a $2,000. entry fee per team. That's only $1,000. per man and is doable by most serious Musky people.
It would have to be on a Trophy type lake for sure..........Location,location,location........
Also the promoters would take about $100.-$150. from each teams entry fee for some Major Advertising of said event.
Jerome |
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Posts: 4080
Location: Elko - Lake Vermilion | Do you guys that think $500. for an entry fee is a big time Tournament ?
The PMTT is $600, entry fee for one event. and with a full field you could win $20,000.
A big time muskie tournament with a full field of 125 boats at $1,000. entry fee could pay up to $50,000.- 60,000. for first place . And down to 15th place.
Come on,.......... Think BIG!! What are you dudes afraid of ? It's only a few bucks but possibly some memories of a life time.
Maybe some of you young bucks are affraid some of us old dudes will make ya look bad?
Jerome |
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Posts: 4343
Location: Smith Creek | Only a few bucks? You must be a 4 percenter;)
When I fished the WMT it worked out that my half went to Mcginnis and my partner's half went to Lijewski/Schroeder.
Why would I do that with $2000? |
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Posts: 32886
Location: Rhinelander, Wisconsin | Because you believe you might have a chance to win? |
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Posts: 2325
Location: Chisholm, MN | As a younger fisherman, I don't have a higher paying job yet so I can't afford a large entry fee. I've never fished a musky tourney but really want to. I think lower entry fees on some tourneys would draw more people who eventually would pay more for a tourney once they gain confidence. |
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Posts: 4343
Location: Smith Creek | OK, I'll rephrase that minus the sarcasm. $2000 is a lot of money. A lot of conditions would need to be met for that kind of dough. G-Rome already stated a few of them. Location is big, organizers would need to give something back to the resource and be trustworthy and up front with schedules, rules, permits and payouts. I still think that even if all those conditions are met you have an uphill battle trying get 125 boats.
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Posts: 4080
Location: Elko - Lake Vermilion | Getting 125 boats will be a task, for sure . But ya gotta start somewhere. Maybe start at 100 boats ?
Giving something Back to the resource is a must do, in my book.
I still think that $1,000. entry per person isn't that hard to do.
The bigger the purse, the more interest/excitement I say. |
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Posts: 1220
| I think you have to be sensitive to the economic realities. A lot of tourneys with wait lists pre-2008 now are 2/3 filled. As the economy continues to rebound, we will see the fields fill out and entries can go up as they do. For now, however, I'd say the size of the PMTT entry is about all the traffic will bear. $600 is plenty! |
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Posts: 4080
Location: Elko - Lake Vermilion | But Marty, I thought this was about 1 Big Time tournament a year and not like the PMTT trail,or WMT trail which are several events per year at a lower entry fee.
If you had 6-7 months before such an event I would have to think that there would be a couple of hundred guys that could save a thousand dollars for an entry fee.
Or maybe I'm just spitting into the wind.
Jerome |
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Posts: 13688
Location: minocqua, wi. | Top H2O - 2/23/2012 4:12 PM
But Marty, I thought this was about 1 Big Time tournament a year and not like the PMTT trail,or WMT trail which are several events per year at a lower entry fee.
Jerome
the WMT trail is on "hiatus" ... |
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Posts: 1220
| Jerome,
You can put me down for any sort of "Big Time" event and I will probably want to fish it, but the truth of the thing is that most of the talk I am hearing is that guys just do not have the cash right now to fish what there is to fish already in place. At least with the trails, it is not too hard to find a way to get into the championships, and once there, the pot is pretty good if you can win it. My opinion is that once the existing trail events start to regularly exceed 100 teams, maybe it will be time for a new and bigger player to try to enter, but probably not before. A lot of the economy is on hold right now anyway till after the election. A lot of employers are holding back in hopes of giving the credit for hiring to a new republican president. In any case, any way you view it, times are still rough economically and it affects everything including filling fields for musky tournaments. But...you hold it.....I'll fish it! |
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Posts: 313
Location: Bemidji, Lake Vermilion | Jerome, I'd consider myself a "medium" buck but would love to at least try to take some skins from the grey hair brigade! Couple thoughts/comments/questions though.
Don't think MN will approve many more than 75 boats anymore for muskie events, but I could be wrong on that. Most waters shouldn't have many more than that anyways for a truly competitive event. The waters that are large enough to support it create a whole set of other concerns. Weather - can really wreck an event on big water really fast, or at least discourage people with smaller boats etc from participating. Leech, Cass, Mille Lacs and even large parts of Vermilion can get downright dangerous for anything other than the best rigged 20+ foot rigs a lot more often than many might think. Takes a lot of potential contestants out right there, maybe very skilled, very competitive, but can't honestly hope to win or possibly even get on the water let alone safely, therefore doesn't pay to make the gamble.
I'm not flush with cash but if a good event came up I would probably scrape the coin to do it. Were you talking $1000/guy or per team? Per guy still grosses $150000 large, and would net $120000 with an 80% payout and a full field at just 75 boats with 2 man teams still. One time event held like every other year - might have a chance and let the guys who have $ issues get involved still. I'd want a 3 day event though, as 1 is not enough, 2 is better, but have 3 days or more to really see how it would play out would be best IMO. But to get even 75 teams for that amount of coin, you'd have to have guys travel and thats going to add to cost bigtime, gets over $1500/guy real fast and probably closer to $2000/guy or more for actual out of pocket expenses to make it happen. Throw in a wife/family that lets you do it and the cost goes up more as if you get that kind of $ to throw into a tournament, they aren't lettin it happen without getting their fair share! Either way that is real money to a lot of hard workin stiffs just trying to get ahead in life.
But I agree with Junkman, if you or someone else puts it together and it had a chance to actually fill up, pretty sure I'd see you there! |
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Posts: 4080
Location: Elko - Lake Vermilion | Thrax,
The PMTT will have a tourney on Leech Lake this summer with 125 boats( With a full field)
Bob m. did this before on Vermilion with 80 boats .........A 5 day event that the winning team (from Wi.)walked away with $80,000. Ty and Luke finished 2nd and pocketed $25,000.(can someone post the winners)
I was working up here in the mines during this event and went to all of the tournament meetings at the end of each day. It was one of the most intense events I've ever witnessed.
The weather was to say at the least,..... Horrible, with rain and 20-35 mph winds for the first few days.
This kind of tournament can still be successful if the right people put their mind to it
Oh,.... I'm not that person,...Because......I'm fishing this Sucker ! Bring It,... young Men, Bring It ! Whata ya got??
Edited by Top H2O 2/23/2012 9:38 PM
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Posts: 313
Location: Bemidji, Lake Vermilion | I was going to do Cass last year until it was cancelled. Still under "negotiation" to do Leech this summer. I now about Bob M's tournament and had a few people I know in it. I would definitely give it a go if something like that came up again. I can't swing fishing the whole trail as I don't get enough time off to competitively fish all the events and the travel burns too much extra $$ for me.
I do think Vermilion is one of if not the best choice as its not quite the weather monster as some of the other large lakes and has good chunks that can be fished relatively safely, if you can get to those areas from the takeoff site.
I love intensity!! Lets hope someone gets it going! |
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Posts: 13688
Location: minocqua, wi. | Junkman - 2/23/2012 7:28 PM
A lot of employers are holding back in hopes of giving the credit for hiring to a new republican president.
LOL |
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Posts: 1220
| To the comment, "Grey haired brigade," I think "seasoned anglers" is a bit more appropriate. Being old, fat and bald is bad enough to live...you don't need to make into some sort of "army of the aged!". :-) |
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Posts: 402
Location: Eagle River, WI | Bob M's tournament was won by Dan Wojitusik and I can't really remember his partners name right now. |
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Posts: 313
Location: Bemidji, Lake Vermilion | Well, I'm aging, semi fat and in the process of getting pretty thin on hair but still have full coverage today anyways. I'm joining the ranks of that army sooner than later. Doesn't mean I don't want to lighten H2O's wallet a little though! |
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Posts: 941
Location: Freedom, WI | Dan Wojitusik s partner was Jason Long. |
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Posts: 4080
Location: Elko - Lake Vermilion | This Poll surprises me,..... Only 58% want to pay $500. for an entry fee to fish a "Big dollar" tournament ?
I don't think that a $500. entry fee will draw much interest as a" big dollar" tournament ,... and the payouts will be , well,..uh,..ho,hum, to say the least. (actually less money than what is already out there)
Remember, entry fees define the Payouts.
I guess I'm more of a risk taker or maybe think "bigger" than 58% of you guys.
I wonder how many of you 58%ers would even fish such an event.? did ya give it any serious thought ?
Oh well, just surprised, that's all.
Jerome |
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Posts: 697
Location: Minnetonka | I'd rather have a full field with a modest entry fee (500-600) than a big dollar 1st place payout with the risk of not filling your tournament. I think that's where any new tournament or tournament trail needs to start - modest entry fees, modest payout, small to medium field size. I hope someone proves me wrong.
Edited by Hammskie 3/5/2012 10:57 AM
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Posts: 4080
Location: Elko - Lake Vermilion | Hammy,
If someone puts on a "big dollar" tournament and the entry fee was,.. say $1,500. per team and there were a full field of 100 boats,...... and first place were say, $80,000. and it paid down to 10th place . Would you enter it?
Edited by Top H2O 3/5/2012 11:09 AM
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Posts: 697
Location: Minnetonka | G-to-the-Rome,
Yes. |
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Posts: 313
Location: Bemidji, Lake Vermilion | Great, then I'd be able to take some skins from olds guys AND young guys! |
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Posts: 4080
Location: Elko - Lake Vermilion | Thrax,.... Bring It !
Ok, I know for a fact that If this was held on a "Top Shelf" MN. Lake, that this could be very successful. I would almost guarantee that the top "muskie guides" and People in our Industry don't even know about this poll but, " If you build it they will come"
I really think that the serious Tournament fishermen are not a part of the 59% that voted for such a LOW entry fee.
Hey ,......I'm different......... If the entry fee were say $3,000. and paid out 70- 80% I'd fish it!
Come on,,......Just Do It !!
Edited by Top H2O 3/5/2012 7:50 PM
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Competitive Muskie Angling Poll, Entry Fee?