- 6 - added to the prize for the annual Classic Tournament.5 Petitioners award the remaining $36 as tournament prizes in the regional tournament in which it is collected: $5 of that amount is awarded to the couple catching the largest bass, and $31 is allocated to a fund for general tournament prizes. Petitioner wife prepares an expense report for Mr. Taylor at the end of each tournament. During the years in issue, petitioners routinely awarded regional tournament prizes of approximately $300 to $400. CAST, itself, awarded an annual prize of approximately $14,000 during the yearend Classic Tournament.6 During the time petitioner has worked as western region director, CAST has grown from three to eight regions with more than 400 member couples, of whom 38 couples are members of petitioner’s western region. In addition, CAST tournaments have also begun to attract several nationally recognized corporate sponsors, including Ranger Boats, Mercury Marine, Continental Batteries, Santone Lure Company, and Terminator lures. In 1995, Ranger Boats, one of CAST’s corporate sponsors, began providing CAST with fishing 5 Member couples also pay $135 to compete in the annual Classic Tournament. 6 The top prize is usually based on a percentage of all tournament fees collected by CAST. In 1995, however, the top prize was a Ranger fishing boat and trailer provided by Ranger Boats and valued at approximately $35,000.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011