From, like, years ago.
How did today’s stock market plunge affect you? Or is it effect? Did your heart drop while your children’s futures were wiped clean out? Or is it whipped?
Did you smile, laugh and mumble “eat the rich?”
Unaware?
Well, maybe the stock market plunge into bear territory is a blessing in disguise for exciting new Australian men’s surfing World Championship Tour rookie Morgan Cibilic seeing as he still hasn’t received his prize money for a third place finish at the Pantin Classic Galicia Pro, a 10,000 level Qualifying Series event completed September 2, 2018 and worth…
…I have no idea.
$5,000?
$12,000?
Morgan speaks about the theoretical rip-off on a recent Lipped podcast and you can/should/must listen here while also subscribing for future episodes…
…but back to the matter at hand. However much he should have won, it might be a wonderful gift to have never received for the smart move would have been to drop that money into the markets which no longer exist.
It’s over.
A wrap.
Blue Monday.
People are eating each the rich’s faces off in Paris.
Or maybe that’s just touristy steak frites.
Chewy etc.
But, once again, back to the matter at hand. Is this how the World Surf League is paddling its bottom line? By allegedly not paying debts?
Very wise.
More as the story develops.
Elo spent it on a feng shooey consultant when took over sofies executive bathroom.
All of his 8’s just became 6.93’s!
Fun episode and I was shocked this was still happening under the wsl regime, the majority of qs’ers are doing second or third Jobs to make it to each event So to make it through some heats and not get paid in a reasonable time frame lacks integrity. Possibly the wsl should include income protection insurance within their hefty health insurance policy they make the surfers buy, if you have ever worked in an industry that sells insurance as an add on will recognise it is clearly a cash grab.
Off to a re-education camp in Ohio for you
comradebro.You must not spread dissent and lies about The Party and the Dear Leader.
Nothing an institution, like wall of positive noise, hates more than someone speaking out…. Especially if they are male and kinda pale.
Keep eyes on Morgan… He might not be around for long as some unfair BS HR review will show him some very very fine print of where he crossed the line…. And there is no Metoo or any movement for a dude. Cause we so privileged.
Join the union scabs.
This is a frequent occurrence, talk to most QSers and they will tell you that at some point they’ve sat around for months waiting for sometimes quite large sums of money.
Heard this rumor for years…. like photogs waiting for surfing publications to pay.
I think it might’ve been Paige Alms who had to really get on them for her prizemoney from Jaws.
I still remember the article in Surfer (I think it was) “Rob Bain had arrived, unfortunately his prizemoney had not”. I think this was the Aloe up cup in ?New Jersey?
Plus there was the famous story of someone at the periphery of the industry pinching Shane Powell’s prizemoney in France and then getting bashed by ?Luke Egan?
IIRC the surfers used to stuff their socks full of cash after the Brasil contests so as to avoid withholding tax on the winnings.
But yeah, shit thing to do not paying the prizemoney.
Prediction: Morgan will be penalised and fined by the WSL at some point this year and we will love him even more for it.
In which case he can turn around and show them he’s already paid it in advance.
Though surely he should just present them with an invoice (with interest) and then send it to a collection agency if they still don’t pay up…
Maybe not openly penalised
If only Dave Prodan @ WSL had an email or phone number so you can see what happened to his $
I have the contact details for a number of dispossessed members of Nigerian royalty who could help him unlock great wealth!
Hhmmm
Either he’s wealthy enough to not have needed his outstanding pay, or forgetful and has already spent it, or his accountant/manager etc ripped him off or he’s just a bloody idiot to not have stormed the WSL walls and demanded it (with menaces)…
The Wall of Positive Noise is un-stormable.
Get the right debt collector on the job and all walls are stormable, just not to stirring journo types…
However there’s a certain obligation for the WSL to make sure agreements done under their umbrella are upheld. And that includes paying the employees and event prizewinners.
There is that obligation. But it’s not as simple as issuing a debt collection notice. The WSL is a complex corporate structure domiciled somewhere in the US. Pursuing it over a debt would cost you way more than the value of the debt (in this case $10,000), would take a long time, and would almost certainly destroy the relationship between you and them/it. You’re also constantly paying it entry fees of up to $450 an event, and those entry fees are drawn down from your prize money pool in the QS portal iff you so choose, so that’s one way of getting some of it back. btw a QS 10,000 has to deposit the full amount of prize money with the WSL 45 days before the event runs, so there’s no question of where the money is.
Robbery by the WSL if they’d already been paid the sum owing a month and a half before the event started.
Bugger the relationship if he’s not the one doing the dodgy dealing, they’ve already been the ones to cause a loss if faith.
Hopefully he can do the entry fee draw down, unless perhaps it’s been happening already for him and his personal accounting is wrong, a blimmin’ disgrace on the WSL otherwise…
just my kind of enterprise to run, complete flexibility with zero accountability
it’s the 2020 way!!
I used to get collect debts from Bikies,
100% fail rate
Made a few connections tho