Yesterday we discovered that Joe “The Kid” Cada and his longtime sponsor PokerStars parted ways. Today, Cada put an end to the speculation as to what happened.
It seems that all he wanted was his old deal of rakeback. So, by Cada’s account there was no big contract, no financial figure outside of that…he just wanted rakeback.
But apparently, even that was over the line for what the new PokerStars had in mind in terms of compensation.
So, having former World Champ Joe Cada on the roster isn’t even worth rakeback?
That seems to be the indication as Joe tells poker pro Gavin Griffin in the tweet above, that there was, pretty much, no circumstance under which Cada was going to remain a pro when his contract (which if you look back in time was finalized around August 2009) came to an end.
But don’t feel too bad for Cada. He locked up what looks like a sweet deal with Norwegian Cruise Line which will have him sailing the high seas as a poker cruise’s featured player.
(Plus we think he’s perfect for WSOP.com’s “Gold Club”)