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How the High Stakes Mid-Atlantic $500,000 Works

Updated: September 14, 2009, 12:05 PM ET
By Chris Gatley | ESPNOutdoors.com

Editor's note: Capt. Chris Gatley can be found with his fishing clients chasing striped bass in front of the Statue of Liberty, or heading offshore to the Atlantic Ocean canyons off the NJ/NY coast for tuna. His articles on cutting-edge fishing techniques can be found in The Fisherman Magazine, and he's a regular presenter at key sports shows during the winter months (when he's not pursuing whatever he can find in East Coast rivers).

Each team must pay the basic entry fee of $6,000 to ...

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