Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Reload this Page gertmenian part two??
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Display Modes
  #1  
Old 07-22-2006, 10:12 PM
Danzig Danzig is offline
Dee Tee Stables
  
Join Date: May 2006
Location: The Natural State
Posts: 29,939
Default gertmenian part two??
contract talks w/ manley have stalled... gee, i wonder why?!

this from t'bred times:

If hired as national manager, Manley has agreed to loan the Guild $500,000 to help pay debts, in exchange for a percentage of Guild revenue. When the Guild decided on June 26 to hire Manley, Velazquez understood that revenue percentage to be 5%, apparently for the length of the contract.

Manley since has increased his asking price to 20% over a ten-year term, although his actual contract would not necessarily extend a decade. Manley confirmed those demands on Friday.


20%?! why would the guild manager deserve 1/5th?? that is outrageous. almost as outrageous as his hiring to begin with. an agent and rare coin collector. how does that qualify him for this post?
__________________
Books serve to show a man that those original thoughts of his aren't very new at all.
Abraham Lincoln
Reply With Quote
  #2  
Old 07-23-2006, 09:11 AM
Samm
 
Posts: n/a
Default
Run Jocks Run!! who can't see this??? The lies have already started... JV thought it was 5%???? and now he's asking for 20!!! Manley is already twisting things... Open your eyes Jock... Open your eyes!
Reply With Quote
  #3  
Old 07-23-2006, 09:19 AM
Five Star Derek Five Star Derek is offline
Sunshine Park
  
Join Date: Jun 2006
Posts: 90
Default
Is it too late? Can they still change their minds? Open your eyes jocks!
Reply With Quote
  #4  
Old 07-23-2006, 09:30 AM
Five Star Derek Five Star Derek is offline
Sunshine Park
  
Join Date: Jun 2006
Posts: 90
Default
Will somebody please tell me that the jocks can still back out of this. I fear what this can do to the whole industry. If you don't see the potential repercussions this deal could have on everyone involved in horse racing then you need to look at the whole picture.
Reply With Quote
  #5  
Old 07-23-2006, 09:44 AM
Samm
 
Posts: n/a
Default
sure they can bail! nothing is signed yet... well as far as one can know ... Dave Stevenson, who is very well respected in the industry was and I'm sure still would be there for them... he proposed a much better deal! He was helping them non gratis for many many months... then this guy walks in with his mouth peice Jessy and has them dancing like Gertmainian did!!!
Reply With Quote
  #6  
Old 07-23-2006, 09:46 AM
blackthroatedwind blackthroatedwind is offline
Jerome Park
  
Join Date: Jun 2006
Posts: 9,936
Default
I don't know the specifics but I would guess that there will be a mass exodus of riders out of the guild. I don't know the legalities of this however.

Sounds like yet another bad case of " I told you so ".
Reply With Quote
  #7  
Old 07-23-2006, 09:52 AM
Samm
 
Posts: n/a
Default
the crappy part about this is NO ONE wants to say "I told ya so"! Jocks have a major chip on their shoulder! get over it... the Philly jocks are making progress in their mission... who needs the guild! Tony Black and Bobby Colton are proving just that.. both were officers in the guild and left because of the fiasco.. poor Eddie Accaro must be rolling in his grave!
Reply With Quote
  #8  
Old 07-23-2006, 09:56 AM
blackthroatedwind blackthroatedwind is offline
Jerome Park
  
Join Date: Jun 2006
Posts: 9,936
Default
One of the bigger problems for the riders is that they continually demand respect and then appear to go out of their way to make poor choices. It seems as though they were the only ones who couldn't see this selection was a bad one.
Reply With Quote
  #9  
Old 07-23-2006, 10:03 AM
Samm
 
Posts: n/a
Default
disgusted... is what the industry is... we reach out to help and get Jesse Jackson! I think JV is putting his name on a bad deal! He'll end up trashed just like Chris McCarron....
Reply With Quote
  #10  
Old 07-23-2006, 10:04 AM
blackthroatedwind blackthroatedwind is offline
Jerome Park
  
Join Date: Jun 2006
Posts: 9,936
Default
It's very dangerous when you have a big ego and someone tells you what you want to hear.
Reply With Quote
  #11  
Old 07-23-2006, 10:42 AM
Danzig Danzig is offline
Dee Tee Stables
  
Join Date: May 2006
Location: The Natural State
Posts: 29,939
Default
is part of the reason the jocks chose this guy manley the 500k loan?? is he 'buying' his job?

making a deal with the devil here. i cannot believe they would sign with a guy demanding 20%. that is so outrageous. they're leaping from the frying pan directly into the fire.
__________________
Books serve to show a man that those original thoughts of his aren't very new at all.
Abraham Lincoln
Reply With Quote
  #12  
Old 07-23-2006, 12:47 PM
Five Star Derek Five Star Derek is offline
Sunshine Park
  
Join Date: Jun 2006
Posts: 90
Default
Quote:
Originally Posted by Danzig188
is part of the reason the jocks chose this guy manley the 500k loan?? is he 'buying' his job?

making a deal with the devil here. i cannot believe they would sign with a guy demanding 20%. that is so outrageous. they're leaping from the frying pan directly into the fire.
If they're so hard up for 500k I'm sure a bank will loan them that amount at a much better rate than 20%.
Reply With Quote
  #13  
Old 07-23-2006, 01:12 PM
Danzig Danzig is offline
Dee Tee Stables
  
Join Date: May 2006
Location: The Natural State
Posts: 29,939
Default
Quote:
Originally Posted by Five Star Derek
If they're so hard up for 500k I'm sure a bank will loan them that amount at a much better rate than 20%.
yeah, you would think so...but the guild is pretty bad off after years of mismanagement. no telling what the bottom line looks like.

i think we're witnessing the death of the jockeys guild. seems some places (philly park for one) are taking care of themselves, as the guild seems unwilling/unable.
__________________
Books serve to show a man that those original thoughts of his aren't very new at all.
Abraham Lincoln
Reply With Quote
  #14  
Old 07-23-2006, 01:12 PM
Danzig Danzig is offline
Dee Tee Stables
  
Join Date: May 2006
Location: The Natural State
Posts: 29,939
Default
Quote:
Originally Posted by Five Star Derek
If they're so hard up for 500k I'm sure a bank will loan them that amount at a much better rate than 20%.
also, originally the deal was for 5%--now he wants the 20...now 5 is hard to beat, but 20?!
__________________
Books serve to show a man that those original thoughts of his aren't very new at all.
Abraham Lincoln
Reply With Quote
  #15  
Old 07-23-2006, 02:09 PM
Five Star Derek Five Star Derek is offline
Sunshine Park
  
Join Date: Jun 2006
Posts: 90
Default
Quote:
Originally Posted by Danzig188
yeah, you would think so...but the guild is pretty bad off after years of mismanagement. no telling what the bottom line looks like.

i think we're witnessing the death of the jockeys guild. seems some places (philly park for one) are taking care of themselves, as the guild seems unwilling/unable.
At this point the death of the guild might be a good idea for all involved.
Reply With Quote
  #16  
Old 07-23-2006, 03:15 PM
Samm
 
Posts: n/a
Default
the guild may live until.... Gary Birzers lawsuit! Who's going to foot that... the guild could live for another 10years and not be able to pay Birzer! Once Gary wins (which to me is a no brainer) other jocks could follow.. I believe there are at least 3 more jocks with life shattering injuries!
Reply With Quote
  #17  
Old 07-23-2006, 03:20 PM
Five Star Derek Five Star Derek is offline
Sunshine Park
  
Join Date: Jun 2006
Posts: 90
Default
Quote:
Originally Posted by Samm
the guild may live until.... Gary Birzers lawsuit! Who's going to foot that... the guild could live for another 10years and not be able to pay Birzer! Once Gary wins (which to me is a no brainer) other jocks could follow.. I believe there are at least 3 more jocks with life shattering injuries!
It's just sad that the very organization you think is protecting you is the one you have to eventually sue for your survival. Gary should be able to sue Gertmenian directly but we all know that can't happen.
Reply With Quote
  #18  
Old 07-23-2006, 03:26 PM
Five Star Derek Five Star Derek is offline
Sunshine Park
  
Join Date: Jun 2006
Posts: 90
Default
Quote:
Originally Posted by Samm
the guild may live until.... Gary Birzers lawsuit! Who's going to foot that... the guild could live for another 10years and not be able to pay Birzer! Once Gary wins (which to me is a no brainer) other jocks could follow.. I believe there are at least 3 more jocks with life shattering injuries!
Now Manley and JJ(Jesse Jackson) will use a guy like Gary Birzer as a pawn in their negotiations. It's a damm shame. JV needs to wake up. Dave Stevenson, where are you? We need you.
Reply With Quote
  #19  
Old 07-23-2006, 05:53 PM
Samm
 
Posts: n/a
Default
they kicked Dave right in the choppers! they led him to believe he was in the running... then turned around and did this... they're minds were made up for some time...
Gary Birzer won't let them use him... he has been hurt to much as it is. What a mess!
Reply With Quote
Reply

« Previous Thread | Next Thread »

Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 12:37 AM.

Contact Us - Derby Trail Steve Byk Steve’s Notes DT Stables DT Shoppe Gallery Contact Links Archive - Top

Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.