PvP Tournaments

Have you ever played in a PvP tournament? Like, not just for ratings and stuff, but one that was broadcast live, covered by media, and had cash prizes?

I've watched the World of Warcraft arena matches at times. I think they are pretty cool. There is a nice cash prize as well.

I've never been good enough to compete in something like that, but I did have a good ranking a while ago. My rated team was neck and neck with the top team on the server, but we ended up finishing server 2nd. Not too bad though. It was a lot of fun still.