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[caption width="640"] If your name is on the WPT Champions Cup, you can play in the WPT Tournament of Champions.[/caption] To the surprise of many, the World Poker Tour announced last November that it would be scrapping its annual season-ending WPT Championship in favor of an invite-only Tournament of Champions event. With the event a little over a month away, the WPT has released some more details on the exclusive event, including the introduction of a shot clock and nearly $200,000 in cash and prizes. The $15,000 buy-in tournament kicks off April 22 at the Seminole Hard Rock Hotel & Casino in Hollywood, Florida, and is only open to WPT Champions Club members - previous WPT winners. The 21 champions from this season won their TOC buy-in as part of their original payout. Winners from previous seasons will have to pay their own entry fee. "It is our goal to elevate the WPT Tournament of Champions, creating an extraordinary season-ending event to celebrate the members of the WPT Champions Club and the rich legacy of the World Poker Tour," said WPT President and CEO Adam Pliska. "With a significant overlay of cash and prizes the WPT has immediately increased the value of being a WPT Champions Club member, and we will crown two more winners prior to the WPT Tournament of Champions during the Seminole Hard Rock Poker Showdown festival." In addition to banking the largest slice of the prize pool, the winner of the inaugural Tournament of Champions takes home a selection of prizes including a pair of gold Monster 24K headphones, a custom premium poker table, an Aurae Solid Gold MasterCard and a timepiece crafted by luxury watchmaker Hublot. Furthermore, the first place finisher wins a seat at golf legend Tiger Woods’ exclusive Poker Night tournament, and a round of golf at Shadow Creek Golf Course in Las Vegas with WPT Executive Tour Director Matt Savage. The WPT has also decided to introduce a shot clock at the TOC. Players will have 30 seconds to act and receive five 30-second time extensions which can be used before the final table. At the final table, clocks will be reset, and players will receive an additional four, 30-second extensions. "I have always believed that being a member of the WPT Champions Club is an incredible honor," said Savage. "The World Poker Tour has added a lot of cash and great prizes to the rake-free WPT Tournament of Champions, and there is even more to come. I have to admit that I am extremely jealous not to be an eligible member of the WPT Champions Club." Champions Club members will have one opportunity to satellite their way into the big event in a $1,550 buy-in Super Satellite at noon on April 21.