"The transformation of the WSL from sporting league to media content creation company is allegedly part of the deal behind the sale. It's hard to define that transition as a success."
There’s never been a historical riposte like the one uttered by the old San Clemente crook Richard Nixon at his 1962 presser* where he took aim at his pursuing press pack and claimed, “You won’t have Nixon to kick around anymore”.
We raise that spectre because rumours persist that WSL is for sale which would mean the death of the organisation and pro surfing as we have known it for decades.
Which would obviously mean parasites like me would not have the undisputed pleasure of kicking the League and it’s risible management at every turn.
So, what now?
To borrow the title of Dane’s latest foray, how does it end?
The press moved on without Nixon, found new targets to kick after a turbulent time and the surf media has largely moved on alright without the WSL, which has presented a huge gulf between expectation and reality for the League and its CEO.
In short, without pro surfing we’ve all managed to float on OK.
We’ve found new things to kick. We’ll be fine.
It’s very unfair to compare a reactionary crook like Tricky Dick with the titular head of maybe the wokest and greenest organisation in world history (fair, yes?) but one thing they did share was welcoming the opportunity to “test wits with the press.”
Elo has fronted up a few times to get feather dusted by the surf media, and we credit him for that.
He’s more accessible than the previous 37 CEO’s of the WSL in the preceding half decade.
It’s doubtful history will record any such wonderful fightback from Elo, probably the closest thing we’ll get is snippets from Ziff’s wonderful masterpiece when he received the Waterman of the Year award.
He took aim at us, the surf fan, in an almost Nixonian way, albeit incomparably gentler.
Elo will be remembered far more as a charming flim-flam man, and a gold medallist in corpo-speak.
Ratcheting up of corpo-speak in the pro surfing universe almost always guarantees bad news behind the scenes. It has an inverse relationship to truth.
It’s incumbent on us, I think, to do some of the grunt work for future historians now and construct a simple timeline, upon which we could place upcoming events onto.
The Australian leg and the tour itself was cancelled by the WSL on Friday March 13. Slightly ahead of the cancellation curve, at least as far as Australian sport went.
A very long forty-six days later a clearly distressed Elo fronted a video presser announcing the Tour as we knew it was gone and a total restructured Tour was in the offing.
Details were to be announced June 1.
The distress and hyper corpo-speak conjured up Virginia Woolf’s dying moth. She found the extraordinary efforts of the tiny fluttering legs against an impending doom “superb”.
Her sympathies, like ours for Elo, were on the side of life; this struggle “to retain what no one else valued or desired”.
On June 3 the can was kicked down the road until early July.
OK.
Assuming the moth is close to kicking the bucket. Is there anyone who could pick up the corpse, asking price 150 million (US dollars presumably).
Few buyers spring to mind.
But, if we think of the largest stakeholders there could be some promising tyre-kickers. The Australian taxpayer has been one of the most loyal underwriters of the pro surfing dream.
And, if we can largely accept that pro surfing is an Australian project then nationalising the dream doesn’t sound so outlandish. Give it back to the people who have invested the most into it. With dollars and access to publicly owned land.
It’s always seemed perverse to have an American billionaire controlling coastal access via WSL comps.
Give the permits to the people.
Hawaii can take back their permits. Europe likewise**.
Obvs, much more to flesh out there.
The other obvious owners would be the pro surfers themselves. Take it back to being an Association of Surfing Professionals and let them have a go at running it. Expensive ask if owned by the Top 34, $4.4 million a person. If the top hundred pro surfers chipped for equity stakes then we’re looking at steep but not insurmountable 1.5 million each.
Or Kelly buys it.
At time of publishing Kelly did not respond to my enquiry about purchasing.
The transformation of the WSL from sporting league to media content creation company is allegedly part of the deal behind the sale. It’s hard to define that transition as a success. Elo has now had 104 days of non-sport in which to claim the room.
One hundred and four days of re-runs and a steady dribble of Inertia-lite content that has hooked nobody.
The ambit claims of the new ownership of the WSL, née ASP were extreme.
They claimed almost everything they could, and by and large they succeeded. By claiming to own the stories themselves they’ve committed massive over-reach.
That wasn’t theirs to take, let alone claim.
If this was to be the end, or the end until there is a new beginning under new ownership, then I think there could not have been a more fitting farewell to professional surfing than the last day of live broadcast surfing.
The finals day of the Pipe Masters, 2019.
A very, very fine high point to go out on.
Yes?
*Not the final post-Watergate presser but a showing at the Beverly Hilton Hotel 7 November after losing the California Gubernatorial race to Edmund “Pat” Brown.
**They already love socialism, like Australians.
https://uploads.disquscdn.c… There was an offer: $5 million.
Ok, “Free Ride” is over anyway. $5000 to surf last September in Lemoore…. Wait, just a minute now. C’mon boyz, there is still the ocean and well, the market will sort out the rest.
Does it come with a wave pool.
I cannot believe I’m saying this but at the moment, this is my reality – who needs the current WSL milquetoast whitewashing, when I have the JOB, Mason Ho, Ben Gravy, etc. vlogs?… not to mention just watching Pentacoastal or Inherent Bummer’s Surf Film twice a day?… Is anyone seriously spending more time right now with the WSL content than the items mentioned above?
What’s your source(s) for this Longtom?
there’s an expert here I defer to.
Kathmandu. Bought the crown jewels, may as well buy the trinket.
This article is total mind candy. The sooner the WSL collapses, the sooner the sport can start putting itself back together.
It dont matter – we all know Gabe is still the best
Im Australian fuck socialism! biggest scam ever sold as a dream ..It always ends the same way screwing the people over.
Give it to me in ten words or less, please.
wozzle for sale, no buyers.
thats 5.
I would think a big fat cunt that spent 80 million last year to buy a seat, that he never got…then another 50 mill on a whole heap of completely useless drugs, that will now collect dust in a container somewhere, is an ideal candidate
Nice report LT… remember a phrase an old acquaintance told you a decade ago.
99% of surfing exists beyond the industry and sport. Lots of stories to tell and an audience that has been ignored. Easy fucking pickings if you can understand one rule that the ISP/ASP/WSL could not grasp.
Restraint.
Deal with the natural audience. It’s out there, dormant as fuck, but watching the NFL.
Yeah, why pay for something you could just compete with in a second?
Bobby Martinez should be the head of the new renegade tour
$150M for an entire ‘pro sports league’? That’s so cute, you can’t even buy a single MLB, MLS, NBA, NFL or NHL team for less than $300M.
billion man. billion
I don’t think the financials will look so good to anyone who gets to lift the hood.
Because the league has been mismanaged, not because the discipline is without potential.
I think it’s a gem in a very rough… but it may not a diamond, but pearls for sure. And you’ll never be able to sell it into the big leagues unless you figure out the inherent market and satisfy that.
well they’ve been running a CT that costs around $50m a year at break even, maybe at a slight profit. It’s worth something … but only if you can see that its future lies in events, not in some mythical content machine.
where did the profit come from?
What slight profit? Some industry insiders have noted a continued net loss on the order of magnitude of -$30 MIL/year. The WSL is it’s present state is a goose egg.
Well Justin Enjo I am not sure who your industry insiders are but here’s a short brief on it. In a normal year the WSL pulls in about $14 m in CT naming rights and a bit more than that in CT event partnerships, govt support, all that shit. About $30m all up. They pull about $3 m in QS entry fees and license fees and about the same again or a bit more in naming rights and partnerships for the QSs they run directly. They get another $6m in global partnerships and something not too far off that for all the bits and pieces of their broadcast rights. There’s a bunch of sundries on top that wouldn’t add up to all that much buts gets them on to the line of break-even on sheer event costs. They also run a much tighter ship than the old ASP model did where big industry companies replicated everything each other did and hemorrhaged cash building their respective CTs into unnecessarily huge marketing tools.
The $30mill loss figure dates back to their halcyon start up days when they burned money like a dot com in 1999. That all came to an end when Paul Speaker left the building.
Where the WSL “invests”(ieloses money) is in the side projects, trying to build a media and content house beyond their tour is the latest but not the least.
instagram (Facebook) should buy it
non-woke.
They haven’t made a habit of making horrendous investments
Time to back in Jack Kevorkians old mobile death machine,” Thanatron”, to the WSL office and offer a group rate. P.T. and Italo are perfect bookends.
I’ll pay the 150,000,000
(Indonesian Rupiah)
Once it gets down to about $15k I’m in. Call me commissioner