[quote name=\'mmb5\' date=\'Aug 20 2004, 07:21 AM\'] The rumor I heard is that it will be a 32-player tournament, single eliminiation over 15 shows. If more than 32 players take the option, the top 32 money winners will play in the tournament and the remainder will get their prize money.
So, 31 players winning an average of $2,000 would be $62,000. This format will cost them a little more. [/quote]
One would have to assume that the 15 shows of the tournament would be played for points only, aside from the grand prize, so using your $2,000 assumption would add another $30,000. The other assumption would be that the ultimate winner does not get his/her stake back - winning a flat $100,000 - so we bump the kitty up to $94,000. Factor in similar savings from prize budget alone for the episodes they're not doing this season, and we're well over $100,000, certainly with room for even a $5,000 or $10,000 consolation for the runner-up.
It may cost them more on a per-episode basis, but the overall effect is that they're getting a slightly shorter season with a big (some argue TOO big) sweeps stunt with the same prize budget, if not a lower one, and lower production costs associated with shooting (and shooting material for) fewer episodes.