Negreanu's latest blog update...

[DesertCat]

This actually may be worse than it's being made out to be. Didn't Harrah's take $2M from player entry fees at all the other events to fund the TOC. Only later did Pepsi show up and offer to contribute $2M.

So what happened to the player's contributions? Did Harrah's pocket it? Giving three select players a free-roll into a tourney everyone else had to pay and play to qualify is just adding insult to injury. Once Harrah's found the sponsor, they should have used the sponsors money to increase the prize pool.