04-15-2012, 11:08 AM #103
Last edited by Krisna; 04-15-2012 at 11:20 AM.
04-15-2012, 07:30 PM #104
For tournaments in excess of the $500,000, they pay a $50,000 fee + 5% of the prize money that is in excess of the $500,000.
And a reply to the old post: I think that all R1 losers still get a certain amount of prize money.
Looking up at a wiki article, anyone in the top 32 and so on get a little part of the prize money. The chart has been changed however, but I'm not sure of the exact new numbers.
04-15-2012, 09:27 PM #105
"BWF Council agreed in May 2011 a Sanction Fee Cap starting January 2012. The following wording will be included in General Competition Regulations;
‘Level 1 - 3 BWF sanctioned tournaments or international tournaments offering prize money US$ 50,000 or more shall pay a sanction fee to BWF at the rate of 10 per cent of the prize fund up to and including the first US$ 500,000 and a lower rate of 5 per cent for prize money in excess of US$ 500,000’.
sounds ok to me.. but obviously not as much as 15% of revenue, as I proposed.
I wonder what BWF will do with this money?
Last edited by pcll99; 04-15-2012 at 09:33 PM.
04-16-2012, 09:09 AM #106
What do you mean by revenue. I would call Revenue ticket and merchandise sales during the tournament.
04-16-2012, 09:45 AM #107
i guess my 15% proposal seemed a bit far fetch after learning about 10% sanction fee.
15% of revenue is a whole lot more than 10% of prize money.
further, 15% of revenue is hard to implement administratively because BWF has to audit (or has to have the right to audit) the books and accounts of the organizers (or the events).
10% of prize money (eg, US$300,000) is fixed and everyone knows what the exact amounts would be beforehand.
never mind. 10% of prize money is better, i guess.
06-22-2012, 10:49 AM #108
yaa. my personal experience:
I went to the states for a badminton tournament, when I told the officer at the border, he didn't even know what is badminton.
06-22-2012, 11:24 AM #109
Actually BWF had contributed (a bit in this regards) by setting up a few badminton training centers at a few locations throughout the world, just for the purpose of accommodating & providing players who need some sort of pro training. I don't know if those centers are still around or still active or not..
In this thread topic, it may seem excessive to have CHN host 3 different SS (or any country to host more than 1 SS or major event), but i'd say more power to them if they're willing to take up the task..
Last edited by ctjcad; 06-22-2012 at 11:28 AM.
06-22-2012, 11:32 AM #110
06-22-2012, 11:33 AM #111
06-22-2012, 11:40 AM #112
06-22-2012, 12:04 PM #113
06-22-2012, 12:05 PM #114
06-22-2012, 12:06 PM #115
06-22-2012, 12:27 PM #116
06-27-2012, 11:21 PM #117
China is the power house in badminton. That's why they have 2 ss per year.
If England if given 2 ss per year, i don't think they is any meaning at all.
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