Explanation of Player Accounts
Magic uses a fee and reimbursement structure that we hope will be helpful to all of the players. As we all know Travel Softball is very expensive. The goal of this system is to provide Magic with the funds needed for current and future expenses (think our own building) while also providing a means by which the players can help offset expenses occurred while participating in tournament play. All players have a responsibility to raise their budgets and commitment fees; we now call this their base fee. These fees need to be raised over the course of the season as set forth below. After that Magic provides incentives to raise additional funds by reimbursing expenses to the players according a set formula. The executive committee may elect to increase the return to the players if grants, large donations or a profitable July tournament produce unanticipated revenues. They may also elect to adjust the base fee up or down as necessary.
From $0 to $750 over the base fee 100%
of that amount;
From $750 to $1,500 over the base fee 75% of that amount;
From $1,500 and more over the base fee 50% of that amount.
2008/2009 Projected Base Fees are currently
as listed below
| 10U | $700 |
| 12U | $850 |
| 14U | $950 |
| MagicRed | $900 |
| 18U | $1000 |
Amounts needed to be raised throughout the year. We expect that accounts will be funded at these amounts be these dates. Under 8, please reduce the numbers by half.
| November 30 | 50% |
| January 30 | 75% |
| March 30 | 100% |