PAYOUTS

 

The Tournament will pay-out 80% of the entry fee proceeds in prize money. The split will be 3 ways with 1st Place overall receiving 33%, 33% of day one top Team catches split 50/30/20 and day two top Teams splitting 33% for 50/30/20.

 

ENTRY FEES

40 Boats @ $2500 = $100,000

80 % of the entries = $80,000

1st place = $26,650

Day One-50% = $13,330 30% = $7,995 20% = $5,330

Day Two-50% = $13,330 30% = $7,995 20% = $5,330

THE TOURNAMENT ADDED DIVISIONS WILL PAY OUT 90%

Added Value entries will be divided into two (2) categories, LIGHT and HEAVY. Teams must choose to compete in either the LIGHT or HEAVY category but not both or "mix and match". After choosing the LIGHT or HEAVY category, the Team may enter any or all of that categories divisions. The decision as to fish one category or the other must be made at the time of registration

50-30-20

Added LIGHT 50-30-20 split @ $1000 per boat-20 Teams= $20,000 90% of the entries = $18,000 Split 50% = $9,000 30% = $5,400 20% = $3,600

Added HEAVY 50-30-20 split @ $2500 per boat-20 Teams = $50,000 90 % of the entries = $45,000 Split 50% = $22,500 30% = $13,500 20% = $9,000

DAILY

Added LIGHT Daily @$500 per day ($1,000 total)-20 Teams=$10,000 90% of the entries = $9,000 Split - 60% = $5,400 40% = $3,600 paid per day

Added HEAVY Daily @$2,000 per day ($4,000 total)-20 Teams=$40,000 90% of the entries = $36,000 Split - 60% = $21,600 40% = $14,400 paid per day

 

Winner Take All @ $1000 per boat

15 Boats @ $1000 = $15,000

90 % of the entries = $13,500

OPEN TO EITHER LIGHT OR HEAVY CATEGORY ENTRANTS

 

In addition to Cash Awards, Trophies will be awarded for first thru third, Top Angler and the leg winner of the Libertad Challenge