For those of you who remember, the Boost Mobile Pro of
Skate, held June of 2003, boasted the richest prize purse in skate history. As
everything that Boost Mobile did when it was first launching, it went over and
beyond the call of duty and made the skate contest huge. It was all out—not
only was it held at the Hard Rock, Las Vegas (which turned out to be a tiny
problem since the sun was melting the coating on the ramp), but it was one
non-stop party with celebrities attending, beer flowing, and Linkin Park
playing. (This was the night after the VIP party where Nelly performed for a
few hundred special guests.) Yes, it was a fun time, but now it looks as if it
may be overshadowed by the Maloof Money Cup. Like the Boost Mobile Pro of
Skate, it will be a skate only contest (separating it from the X-Games or Dew
Tour), but the prize purse will be more than $400,000 (for comparison’s sake,
the Boost contest was $250,000).
Put on by Joe and Gavin Maloof (Joe owns the Sacramento
Kings), the two brothers have wanted to give back to skateboarding, but from
the article in Transworld Business, it doesn’t look like they skate themselves,
they just like the sport. Originally wanting to do a skate camp, they decided
to take it one step further and have the two combined—there will be the contest
and then 40,000 square feet with booths, clinics, etc.
The whole thing sounds pretty cool. Skateboarders don’t often
get the chance to perform in a contest just for them, that’s so big, so I’m
sure they’ll appreciate the support. Since it is such a gigantic prize purse,
and seeing who’s funding it, I’m sure it will have a large mainstream presence
as well, which will help grow the sport. (Which of course, many skaters argue
for and against, but that’s another blog. . .)
The first annual Maloof Money Cup will be held July 11-13,
2008 at the Orange County fairgrounds, in Costa Mesa, CA. For more info on Transworld
Business magazine, click here.
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