I’d worry more about coming in the money first, worry about how you split it later. Not going to have to worry about splitting if you go home with empty pockets.
I’d worry more about coming in the money first, worry about how you split it later. Not going to have to worry about splitting if you go home with empty pockets.
2017 Nitro Z20 w/ Mercury 250 Pro XS
MK Ultrex 112# Mega DI/ Mega 360
Console: Helix 10 MDI G3N-Helix 10 MSI G3N
Bow: Helix 10 MDI G3N-Helix 10 MDI G4N
This happened to me. I won $16,600 in a big fish tournament with previous agreement with partner to split any and all winnings. Since the win was in my name I didn't want to eat all the taxes. I had to issue him a 1099 for his half.
Derek Chance
2021 Nitro Z19 Pro 200 Mercury ProXs
BTS and KVD Line and Lure
I'm thinking if I'm in a big bass contest only like the Big Bass Bash that just ended at LOTO, I take the winnings alone on any fish I weigh in. My Partner will keep anything he receives.
Thats not how it should be in a buddy type fishing event where the combined weight is measured even if there is a big bass side pot.
P01135809
Very good topic…
now how many need these details?
20 some years ago, I had a partner that we fished 2 different Team Circuits. We switched off using each other boat. The way we worked it, Fill the tanks on both truck and boat before the tournament and upon returning home.....split the cost. Then split the cost of any entry fees and launch fees. Then split any winnings 50/50. Each guy received 1099's.
Then I fished a couple of draw team tournaments too. Same thing on gas and fees, BUT, any winnings were, 20% to the boat, then split what was left and both get 1099's. Everything agreed on BEFORE blast off !! Never had a problem.
Ranger Boats / Mercury Motors
G Loomis Rods / Shimano Reels
Raymarine / MinnKota Ultrex
Garmin / Live Scope Plus
Pepper Jigs / Robo Worms
Troll Bridge / V-T2 Vents