Why doesnt chess.com hold an internet tournament for cash prizes. It would seem logical as normally clubs hold tournaments for cash prizes.
Certainly there would be an entry fee which would apply to everyone and those who want to play would definitely pay the entry fee.
Chess.com woudl keep a percentage of the prize money for the administraion as does clubs. Im sure a lot of players would join to ensure that the game is profitable.
What do you think?