It is with regret that I have to announce that due to a lack of seating (that I admit I did not properly envision) that I am having to delay the prize payments to my top 6 finishers at the U.S. Open. Shannon and I had many extra expenses this year such as building the wooden risers for the seats, and that along with the large storm that forced many to leave the event early and many more not to come at all for the final three days caused a major problem with our receivables. We were unable to provide proper seating for many fans and this caused us to come up between $20-30,000 short of our projections in the $10 all day and $10 all night ticket category alone. This was a major source of the shortfall. Another source is my insistence on adding the full $60,000 that I promised to add prior to having the difficulties explained above.
We expect all debts to be covered within the next two weeks. We still have sufficient revenues coming in from the event and will pay the money out as quickly as it comes in.
Finally, we hear you and agree with you. Next year we will be in one big room for the whole tournament again. It just works better for everyone and we have learned from our mistakes.
Barry Behrman Makes Statement About U.S. Open Prize Fund
October 31, 2012