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James Lauer Eliminated in 8th Place ($19,205)
Level 32
: Blinds 150,000/250,000, 250,000 ante
James Lauer raised to 3,375,000 in early position and Derek Childress called in the big blind. Lauer still had one 25,000 chip behind, but the two players turned over their cards anyway, and a tournament official ruled it was accepted action and put in Lauer's last chip.
James Lauer: A♥Q♣ 
Derek Childress: A♣5♣
"Hold!" Lauer shouted out, but his hopes were completely dashed when the K♣9♣2♣ flop gave Childress the nut flush.
"Is this for real? This is how I run," Lauer lamented as the board ran out 4♣10♦ to send the defending champion out in eighth place.