($6) - Blind Wars - Really lost with analyzing my odds

[DawnToDusk]

So I am in this SnG and have a good image. I have been showing down good hands and making good calls and am getting respect. I plan on using this in the late stage to steal some more blinds. But this hand came up when I was in the blinds.

Eight people left with the blinds at 25/50 and I have the second largest chip stack, just 150ish below the largest chip stack. Button is really loose and semi-passive/aggressive. Needs a monster hand to do betting. So he calls and I am without a doubt ahead of him in my hand. And the BB is really tight. Seen him play two hands so far this whole SnG. So I raise to steal the BB and if possible see if the button will go all in. Well the button folds, but the BB actually raises me. So I know I am behind when he rasies but I call with good pot odds.

Party Poker No-Limit Hold'em Tourney, Big Blind is t50 (8 handed) converter

BB (t630)
UTG (t895)
UTG+1 (t1775)
MP1 (t810)
MP2 (t1505)
CO (t450)
Button (t335)
Hero (t1600)

Preflop: Hero is SB with A[img]/images/graemlins/spade.gif[/img], T[img]/images/graemlins/heart.gif[/img].
<font color="#666666">5 folds</font>, Button calls t50, <font color="#CC3333">Hero raises to t175</font>, <font color="#CC3333">BB raises to t300</font>, Button folds, Hero calls t125.

Flop: (t650) 7[img]/images/graemlins/heart.gif[/img], 2[img]/images/graemlins/heart.gif[/img], 4[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(2 players)</font>
Hero checks, Hero calls t330.

Turn: (t980) 2[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(2 players)</font>

River: (t980) K[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(2 players)</font>

Final Pot: t980

My question was there any way to get away from this hand? It seemed like I was getting good pot odds to call. I figured he had AJ, AQ, AK, or anything from 77+. I knew I was an underdog, but does that mean I should of folded on the flop or even preflop? On the flop it was 125 to win 525 and on the flop it was 330 to win 855. On the flop I figured I had at least eight outs. I didn't value the flush at 9 as he could of had a heart higher than ten. I did 6 for the flush. And gave the ace 1.5 outs and the ten 1 out. Was this just a bad call?

Really lost on this hand.