Do Justin, Robert and Jee have a deal to divide the $$???
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TV ClubHouse: ARCHIVES: Big Brother USA 2003 General Discussions Part 1: Do Justin, Robert and Jee have a deal to divide the $$???

Marymary

Tuesday, August 12, 2003 - 05:54 am EditMoveDeleteIP
I know they talked about it and I'm sure that they were told that's a 'no-no'....but I have a feeling that they still have that deal between them. That takes some of the fun (and there isn't much fun anyway!) out of BB4 for me. How could they stop them from sharing the money if they decided to do it?
(Sorry if there is already a thread for this...I couldn't find an appropriate one.)

Sasman

Tuesday, August 12, 2003 - 06:27 am EditMoveDeleteIP
I think it would be a breach of their contract if they shared the money; perhaps they would be sued by CBS to give back their winnings.

Twinkie

Tuesday, August 12, 2003 - 06:37 am EditMoveDeleteIP
I wonder if the contract covers "gifts" of money.

Justareader

Tuesday, August 12, 2003 - 06:53 am EditMoveDeleteIP
This has been discussed in other threads but here's to add to the picture: They made the agreement (started by robert) robert brought it up a few times. robert started to talk about it and then said the could not talk about it anymore. I don't beleive that CBS can control how one spends/uses their prize money, but they are not allowed to discuss any agreements to split money,etc. I believe it supposedly an attempt to prevent any "deal-cutting" between competitors, especially toward the end. ie: imagine danielle saying to lisa before jason was eliminated: hey we will give you 50000 if you let go now and then dani and jason verbally make an agreement to split the remaining 500000....

Philamom

Tuesday, August 12, 2003 - 07:43 am EditMoveDeleteIP
I agree, Justareader, I don't see how, ultimately, CBS could control what a person does with his/her money.

But ... another point ... maybe CBS tries to stop it so that they're not drawn into some kind of legal quagmire. Suppose Robert wins, for example, and decides not to share his winnings with Jee and Justin. Then Jee and Justin could go after Robert for breach of contract or something (I'm not a lawyer, so I don't know what exactly they could sue for). Jee and Robert want the tapes from CBS to prove they made the deal, but CBS says that deals to split the winnings aren't allowed. So no case. I think forbidding deals makes it easier than dealing with that kind of scenario. LOL, I'm really rambling, so I'm not sure if I made my point clear.

I was actually involved in this kind of thing -- (well, sort of like this) -- it involved raffle tickets to win a car. A bunch of us went together and bought tickets (they were $25.00 a piece), agreeing to sell the car and split the money if any of us won. And ... you guessed it ... a former friend won. She kept the car, we got nothing. It was ugly.

Bb234finalist

Tuesday, August 12, 2003 - 08:20 am EditMoveDeleteIP
One thing I'd like to add....If you all pay attention at the end of For Love or Money, Survivor, and many other shows it clearly tells you in scrolling text at the end of the show that the winnings are paid out over 40 years. It isn't that much after Uncle Sam gets his, so who will keep that agreement anyway? What they can do is take loans out securing it with the prize money. Just a little food for thought.

Philamom

Tuesday, August 12, 2003 - 08:39 am EditMoveDeleteIP
WOW, I didn't know that, BB234. Over 40 years ... a half million, after taxes, is not that much money, only about $8,000 a year (if I did the math right). That stinks. I'd much rather have a lump sum.

Foliage

Tuesday, August 12, 2003 - 08:52 am EditMoveDeleteIP
I have noticed the annuity (slow payout) statement at the end of Love or Money, but I haven't noticed the "fine print" for BB. Has anyone seen such info for bb?

Grooch

Tuesday, August 12, 2003 - 08:56 am EditMoveDeleteIP
When BB3 Lisa was interviewed on the Howard Stern show, she said she got a check for the full amount without any taxes taken out of it.

Gina8642

Tuesday, August 12, 2003 - 09:07 am EditMoveDeleteIP
No, they do not have a deal. Like Justareader mentioned they were discussing it a lot early on. BB put a stop to it. Justing said he didn't know some of the rules, so he was ignorant to the facts until BB told him.

And yes, CBS does have something to say about what they do with their money. CBS has them under contract. I'm positive that contract states that they cannot share the money. In Survivor they were bound by something like an 8 million dollar penalty for breaking the rules. Why on earth would BB NOT have something like that their contract? While it is possible they could secretly share the money, do they really want to risk being sued for millions over thousands of dollars??

Gina8642

Tuesday, August 12, 2003 - 09:10 am EditMoveDeleteIP
BTW - Lisa is probably responsible for paying the taxes herself. Just like if you are self-employed, you do all the paperwork yourself (or your accountant).

Auntie

Tuesday, August 12, 2003 - 09:21 am EditMoveDeleteIP
They absolutely DO have a deal to share in the winnings. I heard them make the first deal - a promise to give $10,000 to the other two if any of them wins.

A few days later, Justin and Robert decided that $10k was no enough, and made the amount $50,000 dollars each to the other two, no matter which of the three wins.

After much activity - days of it - on the various bb sites yelling "penalty nomination," BB called the Robert and Justin (don't know why not Jee) of them into the diary room and slapped them down.

When they came out, they told the other Dana they were in trouble, but they couldn't talk about it.

BUT - since that time, there have been several sly remarks between the three of them that make it quite clear that the $50k promise is still in effect.

Ali has promised a CAR to Nathan for taking her off the block, btw, if she happens to win.

Squaredsc

Tuesday, August 12, 2003 - 09:22 am EditMoveDeleteIP
remember back on s2 tina promised colby a motorcycle if she won.

Crossfire

Tuesday, August 12, 2003 - 09:32 am EditMoveDeleteIP
Which he did end up getting, but not from Tina, but from Rosie O’Donnell.

Squaredsc

Tuesday, August 12, 2003 - 09:46 am EditMoveDeleteIP
the point being that deals are made but won't be honored due to the rules.

Realtvfan

Tuesday, August 12, 2003 - 09:52 am EditMoveDeleteIP
I believe it was reported that Tina did help pay some of Colby's debts with a gift. The money did not go directly to Colby. The money was paid to Colby's creditors.

That is similar to how it has been reported that "payola" has been handled with radio stations in today's environment. It has been reported that Record Companies no longer pay dj's of radio stations or the radio stations themselves. Record companies now pay a few of the radio station's creditors before the invoices are ever submitted to the radio station. That keeps the payola way off the radio station's accounting books. The Record Companies would hide this by "Joint sponsership" of the event that generates the invoice.

The recent proposed CBS deal with Jessica Lynch, which at this point was not accepted, was critized because it had the 'trappings of payola'.

If the prize winnings are paid over 40 years, you can also just take the contract to an insurance company and have the insurance company pay you right now with a lump sum by buying the contract from you. You do have to worry a lot about the "Present Value of Money (PVM)" though.

$500,000 over 20 years is about $250,000 toady in a lump sum payment when using the PVM formula. 40 years would be a much lower lump sump payment today.

I believe, but I'm not certain, that any CBS/NBC etc... contract that would prevent a contestant from spending their money a certain way for more than one year would not be enforced by the courts. It would be declared too one-sided. Each contestant just has to wait the one year. That is why previously reported contracts are for one year from the broadcast date of the final episode of the show.

Bb234finalist

Tuesday, August 12, 2003 - 05:00 pm EditMoveDeleteIP
Unfortunately I do not know the facts of how the prize money is paid, but I do know that I asked if it was a lump sum and was told "No, it will be explained later and in careful detail." Who knows, but whether they have a "deal" to share or not, Please...they won't make good on that deal, it all sounds good in the house, but in REALITY outside the house...never going to happen!

Marymary

Wednesday, August 13, 2003 - 06:35 am EditMoveDeleteIP
I thought about that...say one of the 3 'dream team' :) DOES win...how can the others MAKE him share? I guess they can't. And you know where money is concerned folks don't always act right. It would be a slick move...slimy even! I have fantasized about the boys sitting in the HT cutting their wrists and mixing their blood like Opie and his friends...but I can also see one of them taking the money and saying 'buh-bye' suckers!