Hi Slowtwitchers!
Sorry for the delay – as Ryan mentioned, we had some technical issues getting access here.
Great questions – I’ve combined a few where similar – hopefully this catches us up
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Q: I would like do ask how does he justify that no 1 gets the same yearly bonus than 50th to 100th together?
A: I think your describing all professional sport here – not just Triathlon and not just the PTO! Tennis, Golf – I would be interested to see any sport that doesn’t have incentive to win! We find it heart-breaking to see incredible athletes place 6,7, 11th etc in major triathlon's and to actually lose money in the process, . This is why we have a deeper prize purse than most – and have expanded the rankings to pay to the 100th ranked position.
As for execution - we're the newest member of the community and have much to improve!
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Q: And would he agree that they oversell their maternity leave program if the athlete is 51 St in the world.
A: Its certainly not perfect but we are grateful for the opportunity to provide extra help to athletes we think are very deserving of the support.. What’s more shocking is realizing quite how little support like this exists within sport in general - even in sports much much larger, more established and more commercial than triathlon.
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Q: What actions are being taken to make the vision of the PTO financially sustainable?
Interestingly, I am never asked this from people in the professional sports industry (where our business model is very common). – but it’s the most common question from within triathlon – who are used to the Age Group business models.
Professional sport has a diversified business model – media, corporate sponsorship, local partners, ticketing, merchandise, F+B, city/regional support. We are applying a tried and tested model from other sports to Triathlon.
Like many new organisations, we are in our start-up phase and so we are supported in that from investors – but I am happy to share we are well ahead of our plans to commercialize the sport – and though its early days yet, the indicators are very positive. As Dan’s article cites, we will soon announce a Series B fundraising, which is further validation of the progress we and the sport is making.
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Q: How many amateur races does the PTO hipe to offer 5 years from now.
Will a PTO 200k and 50K race be offered?
Our strategy is not to about volume of racing – its about quality. One of the things we believe has held the sport back is that there is not the incentive for the best athletes to compete together very often (essentially just once a year) – and that means very hard to build a ‘sporting narrative’ – and even harder to grow a fanbase. What we are seeking to create with the PTO Tour is a small number of big budget events that provide the opportunity for the best of the best to compete together – as that’s the fundamental of all sport.
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Have you considered better name for the amateur branding other than "PTO"? Endurance 100, Endurance 200, etc.
This is a great suggestion! – we do recognize the challenge that in the US (at least) the name has more connotation with rest than the ultra endurance sport that it is!
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Has PTO ever been able to engage / have talks with Ironman? Do you feel that Ironman has lessened pro payout and race opportunities in part in retaliation against PTO?
We are in regular dialogue at all levels of the sport – World Triathlon, Super League, Ironman, Challenge. In contrary to your question, I believe prize money at Kona has gone up for the first time in over a decade – which is great news!
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Q: What is the PTO doing to grow the sport outside of Europe, North America and Oceania?
We believe passionately that the best way to grow the sport is to grow the profile of the professionals within it. This isn’t some brainwave from the PTO – you can look at all professionals sports and see an inflection point in growth following the popularity of a sporting Star. Jordan, Woods, Palmer, Williams, Gredsky
So the first way we will help grow the sport is by helping grow the profiles of the athletes – by creating content for and with them and then securing broadcast partnerships that will promote their athletic talents far and wide.
Secondly, further down the line – the Collins Cup is an event that like the Ryder Cup will move between regions – and we have had a lot of interest not just from traditional triathlon locations, but newer markets – without doubt hosting a major event like the Collins Cup in a developing triathlon market will help the sport grow there. Watch this space!
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How many AG competitors are expected at the PTO Dallas US open? What time is the AG 100k race start?
We are on track for 1000 athletes in Dallas – and working with our partners there to open up more capacity for future years. The first wave is 7am
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What pros are expected to race PTO Dallas us open? Is it true male pros will compete after the AG race finishes?
We will announce the field in a few weeks – after the success of Edmonton we can all expect a stellar line up!
You are correct, all of our age group racing will occur at separate times to the professionals, so you’ll have the chance to race, recover, grab some Texan BBQ and then head into the grandstands to watch the greatest athletes on the planet.
The course has been designed in Dallas so that spectators in the fan village will get to see the professionals go by 10 in 3 or so hours – a very different experience to most long distance events.
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Is there a plan to allow the top AG to qualify for a championship type event down the line?
We have a few idea up our sleeves for the AG community – watch this space!
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Will the Dallas location always hold the Us open or will it move to another city next year?
- We have modelled the PTO Opens of their equivalents in Tennis and Golf – one of the things that’s so special about the US Open (in Tennis) takes place in Flushing Meadows each year. Its hard to comment before we’ve had our first event in Dallas if that will be its home forever – but certainly the feedback has been positive so far - our goal was to create a long distance race that was easy to get to, close to a wide variety of lodging (from Motels to a Four Season's) and had family activities both through us and nearby (Sammy Hagan's playing right next door and we'll have fun activations for all the family - not just the Tri-hards
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It's been reported that all pros invited to the Collins Cup are contractually obligated to attend. If that's actually the case, who sets the date of the Collins Cup? Could a situation arise where the Collins Cup is placed directly in competition with, say, Kona and all the big-name Ironman athletes have to go to Slovakia instead of Hawaii? That would be quite the coup!
That’s an interesting theory!