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New Poker Tourney in 2006

1 Jan 2006

Six players will compete in a winner-take-all $60 million televised poker tournament next summer after the Fox Sports Network reached agreement on a three-year deal Monday with the World Series of Poker, with the pots growing to $75 million in 2007 and $100 million in 2008 for the one-day competitions at the Crown Casino in Melbourne, Australia. The first tournament is scheduled July 12 and will last at least six hours and up to 10 hours, said FSN vice president of programming and production George Greenberg.

The World Series of Poker is among the most popular of televised poker events anywhere in the world. Joseph Hachem of Australia collected $7.5 million for winning the main event of the 36th World Series in Las Vegas last summer. A field of 5,619 entered the $10,000 buy-in Texas Hold 'em tournament. Each of the nine players who reached the final table won at least $1 million.

"This event will transcend poker in the United States and take on a global platform," Greenberg said. "It'll be the largest single payday in the history of sports and will turn the poker world on its ear." Phil Ivey, considered among the world's best Texas Hold 'em players, will be in the field. The other players will be announced later, Greenberg said.

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