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Swimming and Diving
Reply to "Sport Fair Meet Mobile?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]PM is too busy counting all the money they made off this meet. I mean I get it’s a lot of work but damn they nickel and dimed everything. [/quote] Renting the pool alone is 25,000 dollars. No one is getting rich off this meet.[/quote] Actually I think theft clubs that host these meets make a lot of money- the splash and facilities fees cover the rentals. My swimmer has Graduated but when we went to winter classic we didn’t pay a spectator fee, but we had to pay a meet program.[/quote] You can pull up the financials and you will see that Bill and Barry are doing VERY well. They love their jobs, but they are also raking it by hosting all the meets they do (invitationals and IMX, etc). They also make more money internally with team training trips. They sell a lot of merch to families, etc. Hopefully they share some of that balance statement by paying their coaches well, that I do not know.[/quote] Oh my lord. Find me this information please, cause you are sorely wrong. [/quote] PP- I am an accountant, and I served on a board of my swimmer's club team (not the marlin's). if run properly, invitational meets are money makers for the clubs. The officials/timers are volunteers (unlike other club sports). They only provide meals to volunteers. Each participant is paying between $80 and $100 (entries and relays to participate), the timeline showed 455 swimmers this weekend. They make a killing off of pre order merch and any concessions. The club should be clearing at least 15 to 20K for hosting a weekend meet, maybe even more. [/quote] That money goes back into the team and stuff they needed for the meet? It doesn’t go into their pockets in the way you think. Since you can’t seem to ‘find the info online’ as you said before, I’d say you are still wrong ![/quote] There are several people on this forum that don’t seem to understand that revenue and profit aren’t the same thing. Further, profit from one meet doesn’t equate to profit for the organization. As PP said, even if they do “clear” a lot after meet expenses, much of that likely goes to pay for other organizational expenses. It’s income for the team, not profit for the organization. [/quote]
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