North Texas Finances

2015
Jan
$22,350 Transfer from PayPal acct housed under Spoon Barbell
$715 – USAW Rebate
$12,327.14 – State Meet Expense
Bal – $10,737.86
Feb
$250 – World Team Incentive
Bal – $10,487.56
Mar
Bal – $10,487.56
Apr
Bal – $10,487.56
May
Bal – $10,487.56
Jun
Bal – $10,487.56
Jul
Bal – $10,487.56
Aug
$100 – Administrative
Bal – $10,387.56
Sep
$1,313.28 – State Meet Rev
$1562 – USAW Rebate
$531.97 – State Meet Expense
Bal – $12,730.87
Oct
$21,012.72 – State Meet Rev
$2,305 – State Meet Expense
Nov
$2,255 – USAW Rebate
$1,095.98 – State Meet Expense
Bal – $32,597.64
Dec
$155.93 – State Meet Rev
$209.82 – Bereavement Expense
$3,614.36 – State Meet Expense
Bal – $28,929.36

2016
Jan
$394.08 – State Meet Rev
$12,242.56 – State Meet Exense
$1,000 – World Team Incentive
Bal – $13,388.48
Feb
$1,500 State Meet Expense
Bal – $14,580.88
Mar
$1,852 – USAW Rebate
Bal – $16,432.88
Apr
$211 Misc Deposit
$1,531 USAW Rebate
$435 – Developmental Incentive
Bal – $17,739.88
May
$400 – World Team Incentive
Bal $17,339.88
Jun
Bal $17,339.88
Jul
$1,272 – USAW Rebate
Bal – $18,611.88
Aug
Bal – $18,611.88
Sep
Bal – $18,611.88
Oct
$25,267.90 – State Meet Rev
$479 – State Meet Expense
$500 – World Team Incentive
Bal – $$42,900.78

2017 Texas State Weightlifting Championships Payout Pools

2017 Texas State Weightlifting Championships Payout Pools

 

The 2017 Texas State Weightlifting Championships will have a $10,000 cash purse. The cash purse will be allocated over 2 pools. One pool includes all athletes and another pool for athletes aged 20 or under. All rankings will be based on Sinclair only.

 

  • Payout (Both Pools)
    • 1st = $1,500
    • 2nd = $750
    • 3rd = $250
  • Open Pool
    • Open to all athletes (Youth, Junior, Open, Master)
    • Sinclair only
      • No Master Coefficient
    • No minimum totals
  • U20 Pool
    • Open to Youth and Junior athletes only
    • Must make minimum total for payout
    • Sinclair only

 

U20 Minimum Payout Totals

 

Class Jr Nat Qaul Total Sinclair Pmt QT Pmt Sinclair
56 138 215 165 257.52
62 173 250 178 257.43
69 190 256 191 256.94
77 203 256 205 258.16
85 215 256.93 215 256.93
94 220 251 226 257.83
105 225 246 236 257.92
+105 232 253 236 257.83
48 98 160 116 190.15
53 116 175 126 190.06
58 130 183 135 190.06
63 135 179 143 190.04
69 141 177 152 190.74
75 144 172 159 190.38
New Class* 154      
+75* 160 190 160 190

* IWF has approved a new female weight class to be determined mid-October. The Pmt QT will be calculated using a 190 Sinclair for the new classes. If any other weight classes are adjusted, the Pmt QT will be recalculated using a Sinclair of 256.93 for men and 190 for women.

 

Explanation of U20 Minimum Payout Totals

 

Sinclair totals were calculated using the 2017 Junior National Championships Qualifying totals for each weight class. For the + categories 75.1 and 105.1 was used. The highest Sinclair was identified as the highest common denominator. Finding a Sinclair that would meet or beat the highest common denominator Sinclair then backed into the Pmt QTs.

TIPs

Texas Weightlifting has provided incentive programs for Texas lifters starting in 2016.  There are 2 current incentive programs:  world team incentive and cash payouts at the State Meet.

Below are the eligibility requirements to for any athlete to earn any listed incentive:

  • Your membership card must list “Texas-Oklahoma WSO” as your WSO
  • You must lift in a Texas State Championship Qualifying event in the 12 months prior to earning the incentive
  • Be a resident of Texas
    • Must have a valid Texas ID
      • Athletes aged 15 and under:  athlete’s parent/guardian must have a valid Texas ID
    • Exceptions
      • Student exception
        • An athlete can attain residency in the state they attend college full time and on campus if they can prove they were a resident of Texas prior to moving to another state
        • The athlete will receive credit for each year they where a resident of Texas and will have a grace period of up to 4 years
          • The athlete will still be required to participate in a State Meet Qualifying event 12 months prior to earning payment
      • Military exception
        • An athlete, or athlete’s parent, that is active military and stationed in Texas will be considered a Texas resident
          • The athlete will still be required to participate in a State Meet Qualifying event 12 months prior to earning payment

International Team Incentive

This program is geared towards supporting athletes by offsetting costs associated with international travel.  In an effort to simply the program, a payment of $500 for any youth, junior, and/or senior level IWF event in which USA Weightlifting sends a team.  Restrictions below:

  • Non-funded Athletes Only
  • Max 2 International Team Incentive Payments per Calendar Year per Athlete
    • Reduced to 1 if Athlete Received Any State Meet Cash Payout
  • Max 1 International Team Incentive Payment per Trip per Athlete
    • Example: An athlete will only receive $500 if they compete in both the U15 and U17 Pan American Championships and are contested at the same time
  • Athlete Must Weigh In For the Event

The International Team Incentive program must be renewed each year.  Current program exists through December 31 2022.

State Meet Cash Payouts

Each State Meet will define the payouts and the criteria

Please contact Robert Sirkis (robertsirkis@hotmail.com) with any questions about any incentive program.

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