Quote:
Originally Posted by Fitzcat
Wow, I strongly disagree with the last three posters. The player clearly did not intend to have to cover travel, etc. himself. Now he's won a package and you want him to put ~ 70% of $5k of his own money towards travel and hotel just so he can play in a package for his investors? Not to mention that he doesn't even *have* that money right now. He would have been better off not winning at all!
The investors who are saying that they didn't understand (and indeed, there was poor communication!) are complaining correctly that they paid far too much markup if this was the way the package was intended. That's true. And I think the player owes them something for this misunderstanding. Mathematically, that should be more than the markup they paid (for this portion) because nobody would have noticed if he hadn't won.
Sadly, I don't have a very good solution to offer. I'm too lazy to run the numbers right now, but how close do we get if the player
a) refunds markup paid on the satellite
b) sells the action on the PCA event as another package, with markup
c) pays out based on the proceeds of b) and the *cash* portion of the package he won. (I think that was $1k and change.)
That's basically restructuring the package so that he receives the travel+hotel costs as compensation for playing, instead of getting markup.
The player won ~$15k in the satellite, investors should have the right to get $ for that, period.
There was a misunderstanding, I believe it's in the benefit of the player to bite the bullet (and I doubt this is going to be of any significant cost to the player, as the tournament entry can be sold at a markup - and the travel does have $ value for the player) - and just fully take the side of the investors.
The longer this is delayed the more "rep" damage the player is creating for himself, and this by far outweighs the $ in question here.