TDs fulfill their obligation to the "shareholders" by filing their TD reports, which include a financial report, with the PDGA.
Actually, a TD is not obligated to fill out that section of the TD Report (except for NTs & Majors).
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TDs fulfill their obligation to the "shareholders" by filing their TD reports, which include a financial report, with the PDGA.
Actually, a TD is not obligated to fill out that section of the TD Report (except for NTs & Majors).
True, but that part of the financials is mandatory. Entry fees, deduction from entry fees, and payouts. Which is also the part that players have a legitimate interest in. Sponsorships are also part of the required information.
One problem here is the use of the term "profit" which I doubt any TD has ever produced. Many have earned some "income" above out-of-pocket expenses by not counting the fair market value of the labor expended by several people to host the event. But earning actual profit after all calculated expenses including estimated labor cost, very unlikely.
The amateur model wouldn't need to go to Trophy Only for Park Depts to find the current merch model satisfactory for covering labor costs, especially those who already are running a pay-for-play operation with a pro shop.
One problem here is the use of the term "profit" which I doubt any TD has ever produced. Many have earned some "income" above out-of-pocket expenses by not counting the fair market value of the labor expended by several people to host the event. But earning actual profit after all calculated expenses including estimated labor cost, very unlikely. . . .
As I said before, if more people take my attitude it will help everyone as a whole because tournaments will have better payouts, amenities, etc.
I disagree- while it is admirable of you to donate hundreds of hours of work to throw the biggest dg party you can what the practice does in the long term to most (you may be the exception) TD's is burn them out.
It also skews player expectations to feeling entitled to royal treatment everywhere they go. Perhaps that should be the case for NT events- I certainly don't want to come across as condemning you for doing it- it is simply not reasonable to expect everyone to do it.
Better payouts are beneficial to a small fraction of players.
The PDGA does not stipulate where the added cash goes. The TD can add it to any division they see fit including the AMs.
IMO advertising "sponsorship" as "added cash" is a bit disingenuous and is what prompted the OP to begin this thread.
Yes, that's 100% correct. I think a better definition of these two terms would help a lot.