That trade-off is fine as long as they weren't misled. If they had been promised cash and then got stiffed, IMHO that wouldn't be okay even if there were other benefits.
Agreed. After talking with the kids, there was a lot of ambiguity regarding what parameters would have to be met before money rolled down to the 3rd band.
I kind of suspected that someone would get a royal rogering pay-wise and since the club is closing its doors (for reasons that are not limited to this kind of practice) at the end of the month, we're not sweating it. It blows, but it's stage time for a young band and lessons learned by everyone, including the 'ol man.