Inflation adjusted tournament poker

[Jack Fate]

Forgive me if this is frequently discussed, but why hasn't tournament poker (particularly the WSOP) adjusted buy-ins for inflation over the years?

For example, when Doyle won in 1976 the buy-in was $10,000. $10,000 in 1976 is like $35,000 today.

It seems like the cash games have certainly adjust for inflation, and what we see is that tournaments have become a joke for the high stakes cash game players. For instance, Barry Greenstein can donate his tournament winnings to charity because they are such an insignificant portion of his income compared to cash games. And Phil Ivey has said it's hard for him to focus in tournaments because he knows there is a big side game going on. Also, Daniel Negreaneau is playing heads-up matches for $500,000.

I think the WSOP buy in was not adjusted for inflation over the years because until recently, more entries were welcomed. But surely it is at the point now that more entries are not really wanted (both by the casino and the top players) since we see the need for events being capped.

I think more $25,000 events are needed and I think the WSOP main event should be raised to $50,000. Players with smaller bankrolls would still be able to play in these by winning smaller satellites. The number of players in the event would be reduced to something more reasonable.

Any thoughts on this?