LOL! Surely you remember the $1-million tournament which never got off the ground.
One aspiring pool promoter already tried to host a $1-million pool tournament in Vegas, which required a $10,000 entry fee posted ahead of time.
They received very few takers, and most people, to include players, pool enthusiasts, and fans, were quite skeptical of the unknown-to-most promoter. Even though there were qualifiers around the country to get into the $1-million tournament, it didn't seem to catch on, maybe due to the lack of advertisement.
Having said that, nobody seemed to blink an eye when it came time to pay a $5,000 entry fee for the $130,000-guaranteed Skins Billiards Championship which was promoted by Billiards International and Allen Hopkins, most likely because both Hopkins and Braun have a sterling reputation in the industry when it comes to high-profile events (IMO).
I don't know too many pool players who can come up with 10 dimes for an entry fee unless, of course, they get staked or are sponsored.
JMHO, FWIW!
JAM