Jerry Yang picked up queens in the blinds, and had a couple of limpers come along, before raising an additional 1,000. The bet was enough to eliminate one limper. The flop spread and the former Main Event Champion shoved his remaining short stack towards the middle. Unfortunately for him, the remaining limper, Neal Cooke of Loveland, Colorado hit the flop as he held in the hole. The board ran out with no help to Yang and ended his day.
At the start of the day Yang gave the ceremonious call of, "Shuffle up and deal". In his address to the field, he remarked that he had never been to Lake Tahoe, but loved the city based on his trip so far. He now has more time to explore the beautiful piece of country that is known for it's skiing and many other leisure activities.
The eliminations of both Johnny Chan and Jerry Yang leaves Chris 'Jesus' Ferguson as the lone remaining world champion left in the field.