B_Doughtie wrote:
I think the smart move is B- to cut prize purses and consilodate it into half a dozen WTC events worth ~750k + .
The "strong hold" move that IM did previously against the Rev3 pro movement was because even though they were high paying races, they werent THIS amount of money. So if IM actually went route A like they did in the pass, they are going to lose; or atleast they'll lose the "top names" in our sport. So the smart move is going to be to consilidate prize money and what do you know you still get the top names racing Kona, etc. But IM sometimes like to behave in an "strong hold" manner, I just dont think even they want to go up against the top names because they aren't going to be able to compete against 5 $1mi races.
But again as I say, let's be careful what we wish for, etc because there is still a lot of uncertanity and I would hate for PTO to go away in 5 years and IM is looking at the pro's with "suckers" at the negoiating table. So when I hear "competition" is good, let's just make sure we've looked at all angles before we truly want to push out mr bad guy in our sport- IM.
So if I hear you right, the PTO is creating unsustainable waves that will ultimately leave the pro landscape worse off. Supporting hypothesis to that idea:
* The alleged bottomless pit billionaire is already having to sell some ownership to a sinking ship legacy media content company. That money will require a return.
* The PTO couldn't even pull off back to back years for its marquee N.America events. You might say, by leaving Dallas and going to Milwaukee, that was a good move, but it still shows poor vision/organization to do Dallas in the first place. Really it just seems they are grasping at any venue that someone else has the equipment already in place. Maybe.... but that's not necessarily a recipe for sustainability to be dependant on someone else running your show.
It's far more likely that:
* Pto goes under in a few years
* Ironman goes under (or is sold and) in a few years or drastically scales back races leaving it a shadow of itself.
Let's not forget this company has been continually passed around. In aggregate, I assume it makes good money, but it needs to pull off a massive amount of global events to do it. It seems more likely to me that there are many ways to break such a complex operation, and maybe we (who enjoy racing them)should be grateful such an unlikely thing exists.
In nature, confrontations between two alphas can often leave both irreparably weakened. I've seen similar things in business. It's not a forgone conclusion things get better as a result of devastating competition.