Morris & Co. went to Lake Charles this weekend for the monthly tournament. I don't know much about the structure other than it is quite large. Morris has now been there 6 times and has place in the money 5 times. Three of those 5 times he "won first" by having the chip lead when a final table deal was struck.
First place is guaranteed $10k, but Morry took $6.5k in the final negotiation. That'll buy a few packs of smokes.
Random thoughts from a lawyer, an accountant, a commodities trader, an ex-Marine and a WSOP Main Event money finisher that don't know as much as they wish they did...