- Banned
- #61
I completely disagree that they aren't making money on it.
1200 members at $25 each is $30k
Factor in maybe 10% (likely more) wouldn't even be members if it weren't for 1< that's another $6k in General Membership fees minimum.
Another 400-500 in $20 tickets to the Beer Banquet, that's conservatively $8k
Haven't even mentioned the international club or sponsorship fees.
Safe to say it's $50k or very likely more for them.
If they are netting $50k from a single auction tag (I don't believe they are by any means) then we really should be questioning things. To my knowledge their cut is supposed to be 10% and I don't believe any auction tag has ever gone for more than $500k.
I'm not here to argue, just lay out what I've seen and heard. I know for damn sure the vibe Friday night wasn't a good one and I definitely heard quite a few people questioning things on Saturday.
Sent from my Pixel using Tapatalk
1200 members at $25 each is $30k
Factor in maybe 10% (likely more) wouldn't even be members if it weren't for 1< that's another $6k in General Membership fees minimum.
Another 400-500 in $20 tickets to the Beer Banquet, that's conservatively $8k
Haven't even mentioned the international club or sponsorship fees.
Safe to say it's $50k or very likely more for them.
If they are netting $50k from a single auction tag (I don't believe they are by any means) then we really should be questioning things. To my knowledge their cut is supposed to be 10% and I don't believe any auction tag has ever gone for more than $500k.
I'm not here to argue, just lay out what I've seen and heard. I know for damn sure the vibe Friday night wasn't a good one and I definitely heard quite a few people questioning things on Saturday.
Sent from my Pixel using Tapatalk