The owner of NBA’s Sacramento Kings and the Palms Hotel and Casino in Las Vegas, Joey Maloof has organised his own skateboard competition for July 2008, with the prize purse apparently going to be the largest of any skate competition to date.
The six-event, three-day festival focusing on the excitement and energy of skateboarding, the Maloof Money Cup will take place at the Orange County Fairgrounds in Costa Mesa, California during the opening weekend of the Orange County Fair.
And wait for it, first prize for the street competition is a massive £100,000, with $75,000 for 1st place vert, and $25,000 for 1st place in the women’s comp. Better get some serious training in then.