Making Sense of it All
By Luigi De Rose
The internet was a blur after Bass Pro Shop’s announcement
that they acquired Ranger, Triton and Stratos boats last Friday. After the
shock of the announcement, positive and negative reaction to this press release
started to develop. Speculation is
never a strong leg to stand on. Clarity will only emerge over time.
Here is our attempt to bring some clarity to this historic
acquisition.
The Future
When Ranger bought Stratos and Champion boats a few years
back. Fears were realized when Champion become redundant and was sadly axed. Stratos continued to prosper and soon
adopted the Champion hull, which many felt was an improvement but scores of
Champion owners were disappointed that their beloved boats were gone.
Time will be the most significant factor in the longevity of
Stratos, Triton and Ranger. Ranger will rein supreme because it simply is
Ranger. The other two boats might have rocky futures. If a decision to cull one
of the two boats is made it will be made immediately or in two to three years.
After sales projections and financial statements are securitized, a decision
will be made if all three will continue. I feel that whoever lags in sales
might be eventually be cut.
Tracker boats might not be in this equation because they’re
an aluminum boat builder where the other three plus Nitro are all fiberglass.
If Ranger broadens its aluminum boat production it might limit Tracker product
line but only time can tell.
Another key question is which boat will be considered the
ultimate Bass Pro Shop Boat? Will Ranger remain the crown jewel, followed by
Nitro, Triton and then Stratos or will the Nitro boats be kept under a
different category simply to run parallel to the other three? No one knows but
it is a huge worry if I was an Elite or FLW angler waiting to make a down
payment on a home.
Sponsorship
How will the sponsorship and media dollars be spent? Anglers,
tournament organizations and media sources will now have fewer doors to knock
on when looking for money. This has been a steady trend in the fishing industry
for some time. Only look towards Pure Fishing, Pradco and Normark for greater clarity
on the issue. Mega corporations
have many disadvantages especially for newcomers. Established anglers, TV shows
and others in the media outlets might have the leverage to broker bigger
contracts but it will probably be a feast or famine situation. When Pure
Fishing developed their mega-brand company people feared Berkley, Fenwick, and
Abu would fail but they didn’t.
Fishing legends like Al Linder and Hank Parker rose to super stardom
when they partnered with Pure Fishing. Anglers like Kevin Van Dam will continue
to become mega-stars with potentially even better contracts but many second and
third-tier or state contracts might be terminated as sponsorship dollars become
centrally controlled. This problem
might further compound if BPS becomes more influential in tour level events.
Outboard Engine Companies
One important discussions that didn’t immerge from Friday’s
BPS announcement was the future of outboard motor. Are they coming to a
breaking point?
Over the last two decades, it had become common practice for
the factory to rig bass boats from bow to stern including the power source. Affiliations
between boat and motor companies became strong and actually defined specific
companies. In 2009, Skeeter boats developed their FX boat in support of Yamaha’s
VMAX SHO engines. Ranger has an agreement with Evinrude (BRP) and so does
Stratos. If you want either of these boats, you’ll likely be running an
Evinrude motor. Could this possibly change?
The Ranger/Evinrude agreement might be in jeopardy
considering that Mercury powers all Tracker and Nitro boats. If Bass Pro Shop
continues to partner with Mercury, they might sweet the deal by including all
Ranger, Triton and Stratos boats as well as Nitro. This would be a jackpot win
for Mercury and a death sentence for BRP. Death would come swift and violently
if Evinrude cannot find a bass boat company to mount it’s brand new G2 engine. Granted, the saltwater market is vast
and lucrative but loosing the whole bass boat market wouldn’t benefit BRP or
the anglers who look for them to pay their bills.
Part 2 Tomorrow. Will this be the end of FLW?
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