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>>Founders Cup Calcutta Rules

2008 Founders Cup Calcutta Team Auction
Hosted by Beau Brock

1. The bids may start at $25.00 or higher per team. (That’s less than $5.00 per player.)

2. All the money bet in your flight stays in you flight. (So bid up the other teams in your flight, and that will put more prize money in your flight.)

3. Proxy bids will be accepted by Cell Phone or by a person you designate prior to the opening bid.

4. You may purchase as many teams as you wish either in your flight or any other flight. (Consortiums are welcome)

5. If your team is not purchased by you or any one else. Your team becomes a Unlocking Autism team and you prize money is forfeited to Unlocking Autism.

6. We will pay First Place, Second Place, and a Wild Card Place. (The wild card will be drawn from the hat on Sunday night after your flight championship has been played FROM THE TEAMS WHICH DID NOT PLACE 1ST OR 2ND.)

7. All Calcutta BID money must be paid by 4:00pm Friday March 7, 2008.

8. Substitutes will only be allowed after the calcutta in cases of
death to a family member or friend. No other reasons will be allowed.
If a team is short a player after Thursday for any other reason, they
may add a player (pay the $50 fee), and put them on a court, but the
match will be a default. So, if for any reason you DO anticipate a
wedding, illness, injury possibility, etc. PLEASE add a sub to your
roster. This is the responsibility of the team captains to discuss with their teams and project.

9. NO ONE on the Founders Cup Executive Committee may bid on
ANY teams in the calcutta. Already, those people could not win any
raffle items or door prizes, and we are adding this additional
prohibition. The 2008 Executive Committee consists of: Beau Brock,
Liz Jenkins, Connie Caldwell, Gwen Harmon, Barry Searles, Dr. Herman Soong, Jared White and Robby Economides.

10. Unlocking Autism's cut from the grosses of each division is 30%. We will still pay off 1st place, 2nd place and the wild-card from each division. If you do not want to participate in this auction, that's O.K. Our committee wants to remind everyone the heart of this weekend is that is a charity fund-raiser, and the auction will not be continued if we cannot count on the honesty and fair play of our participants.

11. The following is an example of how we will conduct the bidding and distribute the prize money in each flight.

12. Beau Brock is the final arbiter of bids and will run the auction.

EXAMPLE:

6.0 Gold FLIGHT

TEAM# BID AMOUNT

Team #1 $ 70.00
Team #2 $170.00
Team #3 $ 25.00
Team #4 $ 0.00
Team #5 $ 45.00
Team #6 $220.00
Team #7 $ 60.00
Team #8 $110.00


TOTAL FLIGHT MONEY $700.00
TOTAL FLIGHT MONEY $700.00

Unlocking Autism – 30% of Gross amount of auction prior to split: $ 210 (30%)

REMIANING PRIZE MONEY SPLITS:

WINNING TEAM PRIZE MONEY
FIRST PLACE TEAM (Team # 7) $ 294 (60%)
RUNNER-UP TEAM (Team # 4) $ 147 (30%)*
WILD CARD TEAM (Team # 1) $ 49 (10%)


*NOTE - No one Purchased Team #4 so the prize money goes to Unlocking Autism

We realize this may be a new concept to some of you in the Tennis World so if you have any questions please feel free to contact me at anytime at (225)252-6065.

We think that you will have a lot of fun at this party Thursday Night. We would like everyone to come out and have fun. We will be serving Qadoba dinners, the Abita Truck will be open for FREE BEER and the SOAC Bar will be open for wine, bottled beverages, mixed drinks.

Beau Brock
Co-Chairperson, 2008 Founders Cup
225 252-6065


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