Krystal Square Off V Announces Largest Cash Purse In Competitive Eating History

When the very best from the sport of eating descend upon Chattanooga for the Krystal Square Off V World Hamburger Eating Championship on Sept. 28, 2008, it will be more than just the title on the line. Top-ranked eaters such as Joey Chestnut and Takeru Kobayashi will also battle for some serious money as The Krystal Company announced today that it will award an unprecedented $50,000 in cash prizes, making it the largest cash purse in competitive eating history.

The winner this year will receive $20,000 in cash, twice the amount Chestnut took home in 2007 when he shocked a live audience of 10,000 by eating an unfathomable 103 Krystal Hamburgers in eight minutes. Chestnut’s mark last year shattered Takeru Kobayashi’s previous world record of 97.

The runner-up at Krystal Square Off V will take home a paycheck of $10,000, while third place will leave Chattanooga $5,000 richer. On the line for the remaining finalists are the following payouts: 4th – $3,000; 5th – $2,500; 6th – $2,000; 7th – $1,850; 8th – $1,500; 9th – $1,400; 10th – $1,250; 11th – $1,000; 12th – $500.

A seven-city qualifying circuit for Krystal Square Off V kicks off in Chattanooga with an opening ceremony on Aug. 22 followed by an eight-minute contest on Aug. 23. From there, the circuit journeys through six more cities with the winner of each regional qualifier awarded a seat to the World Championship in Chattanooga. Three wild card spots to the final will also be awarded based on performances in the regional qualifiers.

For complete details click here for press release.