We did a SB squares fundraiser for my son's baseball team. BUT $20 per square, 100 squares total. So $1000 to the team, and $1000 in prizes. It's a cool fundraiser because people have a chance to win some $$.....the money will be used to pay for a tournament buy in, or two...we are trying to build up some money for cool things for the boys. Maybe help a family if they need a little cash.....this is a communtity JBO league. We are not some fancy travel team ....we do however play those teams, and sometimes we beat em!
At least one of the winners gave the money back to the team in ours.....which can be typical I think.
The $200 buy in is exorbitant........but the way these things work isn't just someone buys up all the squares. Where's the fun in that?
So, in conclusion, this sounds like one of those fancy, super expensive travel clubs.......they should not be asking people to spend $200 to fund their choice to put their kid on an expensive sports team....that's the tacky part.
As for the rich guy, he should sponsor the team. Maybe put his businesses name on the jerseys, or have a banner. He can write that **** off anyway.
Oh yea, I forgot to mention ours filled up, and quickly.