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My take on it is that with a player like Kai PBA teams can easily give him KBL or BLeague money (unless he somehow ends up in ROS, Converge or Phoenix) plus he can earn more on the side.
Bolick reportedly got close to P1.5M a month which translates to roughly USD30,000 monthly which then adds up to USD360K a year before bonuses. That's already a ton of money right there, unless we are to believe that BLeague can pay more than that amount, remember TNT matched the BLeague offers for Rosario and Pogoy. Mikey Williams' new contract is also reportedly more than what Bolick got, so money wise it makes sense.
That is crazy. Bolick is earning 1.5 million pesos a month in the PBA? I was thinking more like 500,000 pesos per month, I was way off.
How big is the pba tv contract? Mikee Romero just wants to give money away?
This policy of KBL is kind of confusing, but I understand their stance. I think allowing non-Koreans of mixed ancestry (half-black or white) would expose their locals' as disadvantaged in the athleticism department. I'm not saying that their level of athleticism is severely lacking (they are on par or even more athletic than our homegrowns) but I guess they don't want a non-Korean Asian to standout too much?
PBA is like rich mans club(like Manila Polo Club) for tax relief, Alaska getting out of PSE started doubts if Alaska can keep up (although their rich history is keeping them afloat) Pacquiao tried to enter via KIA
To becomes Asia's Best, we need to compete against the World's Best..
1 Big 4 small > 5 out offense.
I've said all along in the PBA threads that the league is nothing but a billionaire's boys club and for tax relief purposes only, there's no way that gate receipts and TV rights earns the league and the team's money.
In my experience as a marketing consultant one of the SMC companies was a client of mine during a time when one of the brands in their portfolio was selected for the PBA team to carry.
The way the budget for the PBA budget was managed already told you that they weren't in it to make money, for one it while was folded into the brand's media and communications budget the PBA money was "hands off" to the marketing director, group category manager and brand managers. Only the PBA team manager had access to and control of the money, plus the PBA team manager was not reporting to the marketing manager - meaning he doesn't need a green light from or required to give a FYI to the marketing manager on how the money is being spent. Moreover, the PBA money item in the brand's total media and comms budget was actually bigger than money budgeted for media placements and advertising development.
I asked the marketing manager back then if she has a way of measuring ROI of the PBA money since its in one of her brand's OB and can impact marketing KPIs. She told me none and that it was all senior management decision which she has no control over.
When I probed her if she the company has done their due diligence and has any analysis that their PBA participation yields any commercial results, she just told me that their C level peeps only have anecdotal evidence that championships results into sales spikes but there's no hard proof like audits or correlations thru marketing mix models. I also asked her if there is at least an effort to monitor impact of PBA participation on brand equity and she told me there was none as well as management assesses brand building efforts based purely on their communications. Many here might not get what I just wrote down but basically it means there is no monitoring done if a team's PBA spending is yielding significant sales or making contributions to brand building.
aside from passion for the game, is it also correct to assume that somehow the board earns from high stakes gambling as well?
Remember when EWP had conducted Kai zoom meeting with selected vloggers ang media after that Ignite signing and everyone are overhyping the kid. His handlers should address the press asap what's the next step for kai.
He's in deep training daw in Ohio, as per Philstar... He badly needs competitive basketball nature... FIBA Asia cup could be his stepping stone... But NO, he declined too....
Well I'm sure EWP and Joel Bell will bring in some of their A1 clients to help Kai workout, either that or they can buy expensive chairs for him to play against during drills
pretty shitty plan. they went back with their style of kai doing workouts instead of doing competitive games. good lord.
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