Fools rush in....I refused to participate in an audition for the FOX TV show 'The Next Great American Band'. The other guitar player insisted this was our 'big chance' and in spite of the fact that the contract read like the rules of conduct in your local Russian gulag, he refused to listen and I was let go.
To follow up, the band never made it past the first round but they were still tied to the contract (as was clearly stated) and everyone in the band had to put all musical ventures on hold for 6 months. Funny, as the other guitarist owned and operated a record label. My oh my how fame can blind.