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Sheldon Phelps Eliminated in 12th Place ($27,200)
Level 40
: Blinds 1,000,000/2,000,000, 2,000,000 ante
Philip Chun opened the action with a raise to 4,000,000 from late position. Joseph Trezzo flatted from the cutoff, before Sheldon Phelps shoved 24,500,000 from the button. Chun took his time before reshoving for slightly more, which folded out Trezzo.
Sheldon Phelps: 8♠8♦ 
Philip Chun: 10♦10♥
The board came too high for Phelps, with the Q♥J♠7♠A♦9♠ runout sending him home.