Chess Cash Kings-2012: Comments |
| Written by Administrator | ||||||||||||||||||||||||||||
| Monday, 11 February 2013 | ||||||||||||||||||||||||||||
  The Chess Cash Kings-2012 article has received a decent amount of attention from the media, including, but not limited to: The New York Times Business Standard ABC.es ChessBase.com (feedback) To address the most popular questions, concerns and misunderstandings, we wanted to provide a few brief comments. 1. Earnings and prize money are two different things. Many readers referred to the figures as "X makes Y per year" and commented on whether it is a lot ("I didn't know that one can make his living playing chess full-time"), or little ("if #10 in the world earns only..."). However, chess players have a variety of income sources apart from prize money - endorsements, coaching, writing books, giving simuls and so on. Check out the Making Money in Chess article for a larger list. Hence, in some cases there is a large gap between aggregate income and prize money. 2. It's about transparency of prize winnings and promoting chess as opposed to monitoring someone else's income. Taxes and expenses associated with hiring seconds/traveling/purchasing equipment were mentioned a few times. This is true, but the list was supposed to provide an estimate on the prize winnings. We are not trying to stick one's nose into the chess players' pockets and figure out how much cash they have made. It is their personal business. 3. Women's list. We haven't made up our minds yet on whether to create a separate list of female chess players with highest tournament earnings or not. Besides, thanks to the upcoming Women's World Chess Championship match, at least one women is expected to make it to the top-10 "open" list. 4. How accurate is the list? On the one hand, most appearance fees and certain prizes are being kept secret, so we can't be sure about anything. On the other hand, we have conducted a few interviews with top players and organizers that have helped shed light on the missing data. Another indicator of our rating list being reasonably accurate is that so far we haven't received any complaints from the featured (or non-featured) players. Of course, some of them might have overlooked the article or ignored it, but it's not likely. Thanks for your feedback and advice on how to make the Chess Cash Kings rating list better!
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