LI Event Entry Fee -Input Needed

[motoeric]

100% of the entry fee would be going back to the teams as cash.

Other event related costs would hypothetically be covered by the organizers.

If the entry fee were $0.00 you would have an event with trophies and no prize pool. If the entry fee was $250.00, you'd have trophies and a (relatively) great prize pool. Amounts between them would scale how rich a prize pool and how expensive an entry.

Eric

[darkdrako]

I would also agree with a $200-250 entry fee and calls to 10th if there are at least 20 teams.

Another option could be a smaller general fee and maybe alternate comps running close or at same time (ex. people choice, chefs choice, chili). then the teams that want to potentially win more money can do so by entering additional categories

[NS Mike D]

Originally Posted by motoeric

100% of the entry fee would be going back to the teams as cash.

Other event related costs would hypothetically be covered by the organizers.

If the entry fee were $0.00 you would have an event with trophies and no prize pool. If the entry fee was $250.00, you'd have trophies and a (relatively) great prize pool. Amounts between them would scale how rich a prize pool and how expensive an entry.

Eric

if you could have secondary sponsors cover the costs for the teams, then have a main sponsor put up say $2000 for a grand champion, and $500 for RGC, it could get interesting. You can announce the prize money as part of the marketing of the event to attract the attention of the public while having rookie and out of town teams show up.


Prize money does add a degree of seriousness to an event.