View Full Version : Tournaments
What do you think? I fish tournaments with a friend of mine. I furnish a boat, pickup, and a fifth wheel to stay in while we pre-fish and fish the tournament. We always put equal amounts of money in a bag and buy food and gas and whatever before we start. Any winnings we split down the middle. Just wondering if anyone thinks this is the way it should be done?
SeaHag
01-14-2002, 03:59 PM
Before a good friendship is done for, I would suggest a 60/40 split at least. If you're asking, you are probably thinking it already.
If you are satisfied with this arrangement, then that's how it should be :) Obviously, since you ask this question, you are not satisfied with the deal. personally I think it should be a little more even than that. Perhaps he gives you an extra $20 per tournament for wear and tear expenses since you're providing the vehicles, or more, up to you. Or maybe he should purchase something for your boat each season. Either way, if you're not happy with the arrangement, you two need to talk about it and come up with a way that will work for both of you. If he gets mad that you bring it up, perhaps you don't want to be fishing with him anyway.
just my thoughts...
Eyez
Fshngyd
01-14-2002, 04:32 PM
Like what has been said already, if your asking here, it must be bothering you, it is best to get it out in the open with him before you get to upset about it. Personally, If it is your boat, your truck and camper, then I believe it should be about 60/40 expense and 60/40 share of winnings. Other things to consider is:
1) who pays for maintenance on vehicle.
2) who pays for maintenance on truck
3) who pays for maintenance on Boat.
4) who purchases the toys for the boat, not including rods or reels.
If you answered to "ME" to at least 3 of these, you need to have a "sit down" with this guy. BUT, remember that you will get the tax advantage write off on depreciation of vehicles on Schedule C, providing that you win money, and report it.
If he is a good friend he will understand, if not then you dont need that problem.
Good luck.
Bad Finger
01-14-2002, 04:33 PM
Don't forget how important a good partner is....not to mention what a pain in the a$$ it is to find a new one. Stick with the 50/50.
mnjimcarp
01-14-2002, 05:41 PM
buy the things that you can afford. boats, trucks, gear, etc... if you are living within your budget constraints you will have the most fun. i find it very cool when my partners split the expenses 50/50. once in awhile, the guys along for the ride should do something nice for the gear guys!
have fun.
simular
01-14-2002, 06:38 PM
I use to hunt with a guy years back. (when we were younger) He didn't have a vehicle so I always drove and bought the gas. Well I ask him to buy some gas one day and he says I was going anyway he could just come along. I told him he wasn't going,so that ended a friendship I thought i had.
When they do that there not friends anyway.
This was 30 yrs ago and nothing lost so far.