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HITFAIR Tournament
Rebates

HITFAIR is an acronym ...

"Hawaii Invitational Tournament - Fee Awards In Rebates"

Team Sponsorships iiawa H awaii
Free Agent Players lanoitativn I nvitational
Special Tournament Rules tnemanrou T ournament
Beautiful Kona ee F ee
Permanent Teams sdraw A wards
Web Site Directory n I n
Contact HITFAIR, LLC setabe R ebates
Championship team:           $96,000  ($4,800 x 20 players)
Runner-up team:              $50,000  ($2,500 x 20 players)
Playoff non-final team 
(3rd place in playoffs):     $16,000    ($800 x 20 players)
Playoff non-final team 
(4th place in playoffs):     $16,000    ($800 x 20 players)
Wildcard losing team:        $10,000    ($500 x 20 players)
6th place team:               $2,000    ($100 x 20 players)
7th place team:               $2,000    ($100 x 20 players)
                             -------  
Total rebates:              $192,000   ($200K less 4% excise tax)

Note: Except for diminimis rebates ($100 per player - which are made directly to players), rebates are distributed by check made payable to the player and the team entity, primary sponsor or licensed team manager. For free-agent players and others with multiple sponsors, distributions may be made to players as carryovers to a future tournament or by check, disbursed as set forth above. HITFAIR, LLC intends for no player's rebate to result in income, neither for potentially nullifying an athlete's amateur status, nor for income tax purposes.

Go To HITFAIR Web Site Table Of Contents Players Register For $20