With so many great players not attending, they might as well cancel the event. I can understand their position. Who wants to be out the expense of the travel, hotels, & meals etc... to play in the event if there is no guarantee of getting paid if they made it far enough into the tournament to place in the money.
I for one support the APB and their decision. It's about time the players stood up for themselves and asked for better paydays. $150 - $200,000 total payout for any U.S. Open event is ridiculous. $200,000 is at least what the winner should be taking home! In the Golf & Tennis U.S. Opens the winners take home over $1 Million, so why shouldn't the best pool players in the world be getting at least a piece of that kind of pie!
Pool/Billiards can be built up to the point that tennis & golf are at, but it's going to take the right people making the right decisions at the right time, and this seems to be one of those times. More people play pool than golf & tennis combined, yet the sport is consistently viewed in a negative fashion by the public & media, and until that perception changes the sport will not receive the recognition it deserves. So this is an opportunity for the players to start building for that future.