1. $1,000,000
2. $325,000
3. $250,000
4. $150,000
5. $100,000
6. $75,000
7. $50,000
8. $25,000
9. $25,000

June 25th Sunday Day 1
Yesterday, we stated that there were 27 players competiting in this tournament. And 21 of the 27 were known before the start from their victories at major poker events held during the year. Now we know who the remaining players are. The mystery six additional players who have received exemptions are Phil Hellmuth, Mike O'Malley, Doyle Brunson, Mike Sexton, Sarah Strom and Gus Hansen. Blinds started off at $25/$50 with 90 minute levels. Tournament action began at 12:35 p.m. with each player having 10,000 chips each.

Action got off to a solid start as Abe Korotki was the first to go when his pocket 5's couldn't hold up to the full house Daniel Negreanu produced. Also, Mike Matusow promised to wear tape over his mouth the entire World Series if Chris Ferguson shaves his head. No word on the response from Chris Ferguson. He was too busy sending Phil Hellmuth Jr. to the rail with his pocket A's. Negreanu eliminated both Joe Hachem and Steve Dannenmann on the same hand. And Kido Pham with pocket Q's said good bye to Scott Lazar (A K) when the board showed 8 7 5 4 5, giving Pham two pair. Day 1 ended around 11:45 p.m. with 10 players making the final table cut.

1. Andrew Black -- 94,175 chips
2. Daniel Negreanu -- 44,325 chips
3. Daniel Bergsdorf -- 24,500 chips
4. Thang "Kido" Pham -- 23,825 chips
5. Mike Matusow -- 21,300 chips
6. Chris Ferguson -- 16,600 chips
7. Mike Sexton -- 16,100 chips
8. Darrell Dicken -- 15,425 chips
9. Gus Hansen -- 7,375 chips
10. Chris Reslock -- 6,375 chips

June 26th Monday Day 2
Play began at 1:00 p.m. for the 10 who sat down at the final table. Once the tournament officials raised the chips of everyone 10x and the blinds as well, eliminations took place as Andrew Black sent Gus Hansen home in 10th place when Andrew's pocket 9's held up to Gus's A K. He was soon followed by Daniel Bergsdorf in 9th and Kido Pham in 8th. Chris Ferguson left in 7th when his pocket 6's were overcome by the pocket 8's of Darrell Dicken after the board showed no more help to either player. But the victory was not for long as Darrell Dicken (6th) was sent packing courtesy of WPT announcer Mike Sexton.

Next one out in 5th was Andrew Black (K 9) after his all-in bet was called by Mike Matusow who held pocket K's after nothing else helped either hand. Then Mike Sexton helped Chris Reslock away from the table in 4th position. Mike Matusow who won this event last year, ended up going out in 3rd capping an excellent level of performance this tournament. This left Mike Sexton and Daniel Negreanu alone for the heads up battle that lasted 6 hrs and 45 min. In the end Mike Sexton became the winner of the tournament.

Mike's hand of victory went as follows, Mike limped in and Daniel raised which was followed with a reraise from Mike. Daniel calls and the flop shows 10d 8d 4s. Daniel went all in holding Qh Jh which was immediately called by Mike holding....pocket A's. Turn card was an A, river was an 8c giving Mike Sexton 3 of a kind and the championship! Congratulations to Mike Sexton!

1. Mike Sexton -- $1,000,000
2. Daniel Negreanu -- $325,000
3. Mike Matusow -- $250,000
4. Chris Reslock -- $150,000
5. Andrew Black -- $100,000
6. Darrell "Gigabet" Dicken -- $75,000
7. Chris Ferguson -- $50,000
8. Thang "Kido" Pham -- $25,000
9. Daniel Bergsdorf -- $25,000
10. Gus Hansen -- 0