Quote:
Originally Posted by venice10
I think people are wildly off what Dnegs was getting from Pokerstars. Years ago before Black Friday, he explained what his deal was with them to demonstrate how much less he took than he could have gotten from FTP because he hated Howard Lederer.
Basically, Pokerstars had three main tiers of sponsorship. At the bottom was a 100% rakeback deal that paid $35/hr for play on the site. The middle tier included paying for the buyins for tournments up to a certain amount each year. However, they had to be televised events. He was at the top tier. His limit was $400,000 and he could use it for televised or non-televised events. It was a freeroll, since he would keep any winnings. However if he didn't win, he didn't get any extra money.
If Pokerstars wanted him for marketing, they would pay his expenses, but not for his time. Same thing for tournaments where he wasn't ordinarily planning to go. Fossilman has described filling out an expense report and getting reinbursed on his deal.
I find it hard to believe that after Black Friday when Pokerstars was getting rid of a lot of their pros that they would have vastly increased his compensation. I suspect that he over the years inflated the figures he told to others for his own purposes.
lol this is completely and utterly wrong. The "bottom tier" you wrote about is the old FTP red pro deal. Stars were and are completely different in the way they structure their sponsorship deals, and Daniel earned more than any other pro. And rightfully so.
What most people misunderstand about these sponsorship deals is that they're not
just about acquisitions. In many markets they sign players/celebs that will add legitimacy to their brand, and lots of pros are well connected in their specific markets and assist Stars with various business and political/lobbying deals.
It's very likely that Daniel's contract was up and Stars decided not to re-sign him. Who knows what their reasoning is, but I highly, highly doubt it's to do with his Twitter usage/rants. More likely is that they wanted him to re-sign for a reduced amount and he said no. This wouldn't be the first time it's happened with a Stars pro. Sign of the times, I guess.