After making a BIG deal of increased prize money for the reinvented World Cup meets at a Tokyo Press Conference, FIG couldn’t actually come up with all the money.
… (Philipp) Boy, who was at the (second) press conference when it was announced that there would be no cash prize, was noticeably irritated.
“If this is so, then if the whole idea of the World Cup series did not work out,” he said.
He’s right. The big money lure were part of a World Cup redesign the FIG launched in 2010 due to flagging enthusiasm for the series. …
details on Examiner – FIG cancels World Cup prize money jackpot
FIG is on the right track. But they need to have the money in hand before making promises.
11 comments ↓
Yeah brilliant! Hurt the ones that everyone comes to see! They could have earmarked 1% of all the concession sales to pay for the prize money and probably had money to burn. Why oh why would you hurt of all people the athletes? But I noticed that all the judges had pretty matching scarves.
The article indicates that its because the organizers couldn’t agree on how to fund the jackpot, but they will next year. Hmmm. By the way, fire the PR firm after this one.
disgusting. thats fraud. shame on fig.
The judges might have actually had to pay for their own uniform. I know they do in the US.
If this had been a national organisation and only affected gymnasts in that nation, the organisation would be liable for breach of contract (promise).
However, the fact this has an international element to it makes it far harder for the FIG to be held accountable.
[...] been able to make that work. Coach Rick states “FIG is on the right track. But they need to have the money in hand before making promises.” I agree with the latter but not the former. If the FIG wants to make the World Cup [...]
The way the FIG proposes to solve this problem next year is simply to make the organizers of the four all-around World Cups pay an extra 25,000 Swiss Francs.
Thanks Blythe. … Strange they announced it in Tokyo the way they did.
Outrageous. But sadly common with these sorts of promotions.
I’m almost certain the FIG does not benefit from the services of a a PR agency!
Even if the problem is fixed for next year, I doubt so many big names show up if they are relying on the prize money. I don’t understand how this happens. Don’t promise an amount you don’t have…
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