Subject: RE: And there we go...WTC breaks into the Olympic Distance scene Why doesn't someone just request the argeement from the City and/or County. Under the Freedom of Information Act, they are required to make such records public. If the contact truely prohibits competition and gives the WTC an unfair advantage of other entities, then one of those organiziations (the only ones with legal standing ) should take the city and county to court at the state level for a violation of anti trust laws. Corporations always ask for sweetheart deal when it could to zoning changes, tax breaks, property assessments, etc. There is nothing illegal on their part to ask for such things. However the city and county, should have had their legal cousel review such an agreement to make such they are not in violation of state and federal statues. So instead of speculating I'd find out what the argeement actually says, and if it is in fact in violation of the law I guarentee they will settle and lift the "blackout" rather than go to court.
As for the WTC, I think the risk they are starting to run is the potential for overstaturation of the market. In the Ironman world they have a product that sells out a full year in advance in a matter of hours, then have unmatched brand recognition, and they have strong sponsorship. The community gets the world wide exposure, a race which requires people to come up several days early and usually stay serveral days later, which is good for the community. In this position they really could charge anything they wanted and they also charge the community for the right to host there events. (Limited supply significant demand = Premium pricing ).
As they expand to 70.3 and now Olympic distances, they have to be careful. If you are going to have premium pricing your product better be worth the extra $, or eventually the demand will dewindle. I expect the well established races will be uneffected when it come to overall race experience as races like Eagleman, Tiberman, and Mooseman have shown, but the newer races they keep adding in the 70.3 and 5150 series better provide that value or people won't fork out the extra cash especially in tighter economic times. The European side of WTC is already seeing this happen to some extent as races like IMUK are suffering and being booted out of their locations because the community and the racers just aren't getting their $'s worth even though it has been the only IM on British soil until this year.
So for now I'll reserve judgement. Edited by southwestmba 2010-10-11 2:26 PM
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