Johnny Chan Eliminated in 3rd Place ($100,000)
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Howard Lederer raised from the small blind to put Johnny Chan all in, and after hollywooding for a bit, Chan made the call for his last 49,000.
Chan: 
Lederer: 
The audience cheered for all kinds of cards as the dealer laid out the 
flop. That was a pretty good one as far sweats go. Lederer hit top pair, but Chan picked up an open-ended straight draw. The 
wasn't any help to him though. And much to the disappointment of his family and friends on the rail, the 
didn't save him either.
We're taking a brief break now to prepare for the heads-up match between Lederer and Huck Seed.