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Daniel Negreanu and PokerStars Part Ways Daniel Negreanu and PokerStars Part Ways

05-25-2019 , 03:22 AM
Quote:
Originally Posted by that_pope
It was before that.

He was a regular in the 4k/8k game at Bellagio at the time after everyone was pumped up with online poker and Andy Beal. He signed a sponsorship with them which restricted him from only playing there. The big game didn't move there, so he challenged anyone to HU action $100k - $500k they pick the game, with some rules on rematches if he lost. I remember following along closely, not sure how. Maybe his blog?
Hi Pope:

Yes. You have this right. And the way I heard it the hope was that he would bring the big game to Wynn, but that didn’t happen.

Best wishes,
Mason
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 03:22 AM
Quote:
Originally Posted by SrslySirius
I never knew this. This fascinates me for some reason. Wasn't this around the same time he nearly sold FCP for 8-figures?
Quote:
Originally Posted by Mason Malmuth
Hi Sirius:

They had ads where Negreanu challenged anyone to play him heads-up any game for $500,000. There were several matches and I think he was ahead. But when he played I believed they roped off the back of the room for his private game.

As for whether he was host before or after the possible FCP deal I’m not sure. But I suspect it was after or it wouldn’t make sense for him to do this.

Best wishes,
Mason
IIRC DNegs indicated that the 8-figure sale of FCP fell apart because of Black Friday, which was back in 2011. So the Wynn ambassador gig would have been before that.

Last edited by KrazyKris; 05-25-2019 at 03:23 AM. Reason: slow pony.....or what that_pope said
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 03:30 AM
Quote:
Originally Posted by SrslySirius
OH! I do remember the HU challenges, and reading about it on his blog back in the day. I didn't realize it was part of any sort of Wynn ambassadorship. Thanks for clarifying.
I don’t know if these matches were part of the agreement that Negreanu had with Wynn. But they did occur.

By the way, I and many others thought that this was foolish on his part since only those who were specialists in a particular game would challenge him. But Negreanu argued on this website that wealthy people would also want to play him. But in any case, there were only a small number of matches.

Mason
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 05:26 AM
Quote:
Originally Posted by Mason Malmuth
Hi Czech:

I think there’s something that many are overlooking here. My guess is that his contract with PokerStars had expired and PS decided not to renew it. That explains the timing.
We are on the same page. My only point was that it was not his decision, and it seems like you agree.

Quote:
Originally Posted by Mason Malmuth
But times change and given the large market share that PS has it wouldn’t surprise me if they just decided that Negreanu wasn’t worth what they were paying him anymore, and had little to do with whatever his other behavior, good or bad, might be.
Well, these are not mutually exclusive scenarios. It's very possible that his behavior contributed to the fact he wasn't worth what they were paying him anymore. But again, it seems like we agree that this was a decision that was initiated by PokerStars and not Daniel, contrary to the opinions of a handful of other posts above.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 05:49 AM
Quote:
Originally Posted by PerpetualCzech
We are on the same page. My only point was that it was not his decision, and it seems like you agree.



Well, these are not mutually exclusive scenarios. It's very possible that his behavior contributed to the fact he wasn't worth what they were paying him anymore. But again, it seems like we agree that this was a decision that was initiated by PokerStars and not Daniel, contrary to the opinions of a handful of other posts above.
Hi Czech:

While we can't be 100 percent sure, I agree with you completely.

Best wishes,
Mason
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 06:32 AM
Quote:
Originally Posted by TheFly
I wouldn't be surprised if DNegs childish twitter rants and polititarding all the time finally became to much for Stars to take, and could've been a liability. I always thought it was crazy having your main "ambassador" spewing the kinds of stuff he regularly does on social media. Sounds like it was def not his decision.
If that was the case Joe Stapleton would’ve been gone a LONG time ago.....
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 09:43 AM
Quote:
Originally Posted by SrslySirius
OH! I do remember the HU challenges, and reading about it on his blog back in the day. I didn't realize it was part of any sort of Wynn ambassadorship. Thanks for clarifying.
His blog archives are still online, dating back to early 2004 and they are a fascinating read, covering everything from his first divorce, getting spanked by Antonius online, his Wynn heads up matches, playing a "cool new cash game TV show", and playing well out of his league in the big game.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 11:25 AM
I think DN is leaving PS because he is starting a family. He wants to have children and spending most of year traveling to tournaments around the world doesn't leave much time if you have kids to take care of. I have no doubt that he accumulated many millions of dollars working for PokerStars. If he has stock in the company it's going to go way up with the expansion of sports betting. BetStars NJ is doing very well. They were one of the first online books established in NJ.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 01:28 PM
Quote:
Originally Posted by 1tripz1
His blog archives are still online, dating back to early 2004 and they are a fascinating read, covering everything from his first divorce, getting spanked by Antonius online, his Wynn heads up matches, playing a "cool new cash game TV show", and playing well out of his league in the big game.
I think one of his last updates on the challenges had the standings like this

Limit Hold'em vs. David Oppenhiem L $200,000 (5 hours)
Limit Hold'em vs. Mimi Tran W $500,000 (10.5)
Limit Hold'em vs. Joe Cassidy L $200,000 (7.5)
7 Card Stud vs. Barry Greenstein L $500,000 (13.5)
7 Card Stud vs. Barry Greenstein L $500,000 (18.5)
Pot Limit Omaha vs. Barry Greenstein W $500,000 (3.5)
7 Card Stud H/L vs. Barry Greenstein up $293,000 (after 13)
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 01:29 PM
Quote:
Originally Posted by News777
I think DN is leaving PS because he is starting a family. He wants to have children and spending most of year traveling to tournaments around the world doesn't leave much time if you have kids to take care of. I have no doubt that he accumulated many millions of dollars working for PokerStars. If he has stock in the company it's going to go way up with the expansion of sports betting. BetStars NJ is doing very well. They were one of the first online books established in NJ.
can't renegs just take 1/2 the salary and play stuff in vegas? not like he's shipping a ton of tourneys abroad. i feel like they'd find a way to make it work if they wanted him to stick around.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 01:46 PM
Quote:
Originally Posted by KrazyKris
IIRC DNegs indicated that the 8-figure sale of FCP fell apart because of Black Friday, which was back in 2011. So the Wynn ambassador gig would have been before that.
It fell through due to UIGEA not Black Friday. So 2006.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 02:04 PM
Quote:
Originally Posted by News777
I think DN is leaving PS because he is starting a family. He wants to have children and spending most of year traveling to tournaments around the world doesn't leave much time if you have kids to take care of. I have no doubt that he accumulated many millions of dollars working for PokerStars. If he has stock in the company it's going to go way up with the expansion of sports betting. BetStars NJ is doing very well. They were one of the first online books established in NJ.
I'd give this less than 1% equity.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 03:08 PM
Quote:
Originally Posted by Lemon93PCTSure
oh that's why he's selling action this year
It's actually a pretty genius move on his part from a marketing perspective.

So many people tried to buy action yesterday that his website crashed. He's driving tons of fans to his website and brand, and getting them financially invested to follow him all summer long. Watching the video vblogs, etc.

He may not be selling at any markup, but he's more than making up for it I'm sure.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 03:44 PM
If this was DNegs decision, wouldn't he put that out there? PStars doesn't want to pay for DNeg's anymore.

Curious however that Moneymaker is still working and bringing poker to the people. I think Moneymaker is great for the game and his humility is something it feels like most poker stars lack.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 03:56 PM
Quote:
Originally Posted by KrazyKris
IIRC DNegs indicated that the 8-figure sale of FCP fell apart because of Black Friday, which was back in 2011. So the Wynn ambassador gig would have been before that.
My understanding was that deal was taking place during the time that FCP(negreanu) had a skin on the pokerroom network. I believe the skin was shutdown in response to the UIGEA sometime in 2006/2007 and negreanu signed with pokerstars.

I remember the pokerroom skin, but not much else. According to this it was moved to a different network when the UIGEA hit and then pokerstars acquired the player database/balances(http://www.pokerhistory.eu/poker-net...-to-pokerstars).

Last edited by TheJacob; 05-25-2019 at 04:05 PM.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 07:06 PM
Quote:
Originally Posted by News777
I think DN is leaving PS because he is starting a family. He wants to have children and spending most of year traveling to tournaments around the world doesn't leave much time if you have kids to take care of. I have no doubt that he accumulated many millions of dollars working for PokerStars. If he has stock in the company it's going to go way up with the expansion of sports betting. BetStars NJ is doing very well. They were one of the first online books established in NJ.
Doubt he'd publicly announce how much stock he has in the company but does anyone know what his share in the LV Knights is?
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 07:26 PM
A couple of words that haven't been mentioned...

Appearance Fees

And anyone who says they would leave a six-figure check on the table for any reason pertaining to poker is a straight-up liar.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 07:27 PM
I think the theories that he was fired for social media antics are coming from people with very short memories. Pokerstars, was fine with Negreneau incorporating black face and marijuana usage in the same blog afterall. https://www.youtube.com/watch?v=8hoOSDhSgtc

I don't think a poker site that is ok with him putting shoe polish on his face and rolling a joint while impersonating a Jamaican for... I still don't know why he would do it... but they stood by that.

Fact that I don't even know what new antics you guys are referring to is more anecdotal evidence it wasn't that. It may have been another reason to not renew a contract, but I'm sure this was a cost/benefit and business oriented decision above all else.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 07:30 PM
They didnt renew his contract because he wasnt worth what they were paying him (anymore, possibly ever).
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 08:21 PM
Quote:
Originally Posted by kingofcool
They didnt renew his contract because he wasnt worth what they were paying him (anymore, possibly ever).
What changed? What is he missing now?
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 10:43 PM
Quote:
Originally Posted by mordechaiv
It fell through due to UIGEA not Black Friday. So 2006.
Quote:
Originally Posted by TheJacob
My understanding was that deal was taking place during the time that FCP(negreanu) had a skin on the pokerroom network. I believe the skin was shutdown in response to the UIGEA sometime in 2006/2007 and negreanu signed with pokerstars.

I remember the pokerroom skin, but not much else. According to this it was moved to a different network when the UIGEA hit and then pokerstars acquired the player database/balances(http://www.pokerhistory.eu/poker-net...-to-pokerstars).
Thanks!
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 10:54 PM
Quote:
Originally Posted by torontotablecpt
What changed? What is he missing now?
Have u seen stars volume in the past year or so?

Sure they most likely make more off rec`s deposits these days (not that they last longer in games lol) due to no rakeback to all players and higher variance unbeatable games all across (hello spins ufcspins, 6+ holdem etc), but how much net rake is made relative to previous years, is a big statistical clue, given how little games are running overall (and thus rake made for them in total), there`s just no way they can allow themselves to spend money on big salaries that dont even provide fresh blood anymore (cheap twitch contracts make sense for them, digging into random countries markets for new teampro native language speaking people for fresh blood makes sense).

Early this year they`ve decreased timebanks preflop/postflop close to 2x, just to speed games (aka rake making process) by like 9-11% or so, surely not to make game more fun for recs (20 tabling nits now have to fold their non aces/sets faster = recs enjoy it more #goodforecosystemyep!), but to dig in to whatever leftover holes in the system to squeeze more rake out of games.

Negreanu got what exactly the result he was standing in those past 3 years for = #morerakeisbetter = less poker is played (people did not move to casino across where more rake creates softer games, online poker doesnt work this way Dany) = less Stars pro are needed.

Bumhunting & not battling regs HU(u`ve seen HU rake btw?)/shorthanded is a SMART not cowardly decision in todays games, overall environment is WAY more predatory simply because of decisions they`ve made in past years, its only gonna get worse for poker players and better for their fresh casino betting audience moving forward.
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 11:08 PM
rest in piss negronu
Daniel Negreanu and PokerStars Part Ways Quote
05-25-2019 , 11:49 PM
How you gonna hate on some dude for what a corporation did? Ya he took a stupid position and backed it up but he's a ****ing poker player, they aint exactly the cream of the crop.



I say GL to him and he's better off not associating with trash like Stars. Meanwhile a bunch of you ****s are still playing on that site while hating on him lol.
Daniel Negreanu and PokerStars Part Ways Quote
05-26-2019 , 12:51 AM
Quote:
Originally Posted by Sir Huntington
How you gonna hate on some dude for what a corporation did? Ya he took a stupid position and backed it up but he's a ****ing poker player, they aint exactly the cream of the crop.



I say GL to him and he's better off not associating with trash like Stars. Meanwhile a bunch of you ****s are still playing on that site while hating on him lol.
he did too much dumb ****. they raised rake and he said more rake is better bc the reg/fish ratio is better for top regs. it killed the games and he laughed when his gf said **** the pros. "i didnt say it"

hes a sick guy and top autist who has been great for poker, he still crushes fields even the highest buyins.

**** this guy. 2019. no one is safe. poker is gettin squeezed since 2006 and every day it gets tighter. now he tastes what we have all tasted.
Daniel Negreanu and PokerStars Part Ways Quote

      
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