Wayne has an excellent track record in NY but it all depends on the line-up.
One things for sure. It will be a financial disaster.
You think so? Have you spoken with Wayne about the numbers? It doesn't look half-bad, actually.
besides, they're a private company anyway. Many companies operate in the red for the first 18 months. As long as the shows kick ass and the athletes get paid, what does it matter to you what their numbers are? As they get more athletes and market share, the numbers will flip and it'll become profitable.
Suppose the PDI does lose 500k the first year... prize monies are still there, shows are still high quality. The next year, with all the new guys that jumped/will jump, PDI can make more in ad rev, ticket sales, etc. Suddenly they break even. By year 3, the IFBB is imploding on itself, and the NPC is losing big chunk of its guys to the PDI JV group. Suddenly, they're up a million and the IFBB is way down.
Kevin, why do you hate the PDI?