From my understanding, there's no money. It's trophies and entry into a pro event. This is no knock on the people that end-up playing because many of them do it for many different reasons but I can't justify playing in an event like this unless it's in my own backyard. I'm sure there are hundreds, maybe even thousands of players that feel the same way.
I'm with you on this.
I played in one of these and made it to the middle of the final tournament only to lose to Orange from Georgia.
If the finals were in my backyard, I would be playing for sure.

JoeyA