Jbyrd, you may want to research a little more where all of this money is going. I have been to the FLW headquarters many times, it is just down the road. It is not a huge money making business - you can tell that by visiting. You need to take into consideration the qualifying "no entry fee tournaments" (that is what all of us are shooting for) as well as paying employess that work year round to organize the hundreds of tournaments they put on every year - as well as all of the equipment involved. I do admit, they are a business, and aren't doing this for free - but I also don't think they have the intention of ripping off anglers to turn a profit. They are providing a quality, organized, and very competitive tournaments. If you have ever been a part of an unorganized tournament with over 100 boats, you will think that extra money you are paying is well worth it.
FLW also supports a great deal of charities, wildlife management, and are very involved with local communities and schools. I think if anything they put all of our entry fees back in to the business of operating these tournaments. The bulk of their money will come from promoting sponsors.