I just read an email from my coach about the annual open water race that my club hosts in June. The Chattanooga River Rats have hosted the Rat Race for the last seven years.
The race offers two distances, a 4.5 mile swim and a 1.2 mile swim in the Tennessee river(tasty). The numbers for the race have increased each year.
In the email, he mentioned that we will need to attract more sponsors or get the current sponors to donate more money, because the race sanction fee went from $50 to $1800 for the event.
This isn't a national championship race, so our club will have to pay the balance, if we can't get enough sponsors. Well, that is my understanding from reading the information that has been supplied.
$1800 just seems awful steep for usms insurance.
That's not quite right, the additional fee is $1000 because USMS is covering $800 of it.
It is billed to the LMSC before the sanction is granted; the LMSC can decide whether to pay some or all of it or require that the club do so. The club can decide whether to dip into its cash reserves -- if there are any -- to cover the cost this year or whether to pass it along to the swimmers in the form of increased entry fee. If you expect 100 swimmers than a $10 increase would work, for example.
I think the increased fee is because the claim against USMS and the increased insurance rates came after this year's budget was approved. Hopefully next year USMS will find a way to budget for it so that LMSCs are not hit with such a high insurance fee for each OW event.
Good information: www.usms.org/.../owsanctionfaq
I just read an email from my coach about the annual open water race that my club hosts in June. The Chattanooga River Rats have hosted the Rat Race for the last seven years.
The race offers two distances, a 4.5 mile swim and a 1.2 mile swim in the Tennessee river(tasty). The numbers for the race have increased each year.
In the email, he mentioned that we will need to attract more sponsors or get the current sponors to donate more money, because the race sanction fee went from $50 to $1800 for the event.
This isn't a national championship race, so our club will have to pay the balance, if we can't get enough sponsors. Well, that is my understanding from reading the information that has been supplied.
$1800 just seems awful steep for usms insurance.
That's not quite right, the additional fee is $1000 because USMS is covering $800 of it.
It is billed to the LMSC before the sanction is granted; the LMSC can decide whether to pay some or all of it or require that the club do so. The club can decide whether to dip into its cash reserves -- if there are any -- to cover the cost this year or whether to pass it along to the swimmers in the form of increased entry fee. If you expect 100 swimmers than a $10 increase would work, for example.
I think the increased fee is because the claim against USMS and the increased insurance rates came after this year's budget was approved. Hopefully next year USMS will find a way to budget for it so that LMSCs are not hit with such a high insurance fee for each OW event.
Good information: www.usms.org/.../owsanctionfaq
