People join tourneys to get tc. Over here they are losing 5k and thats the point. No one who are poor can join and the rich ones will join and just take the 90k which only profits the rich ones while tourneys are to support all the people. But thats my opinion.
This tourney is possible. But you'll have to post in the events thread so people might come to know, and they will join. But this can't be called your tourney because you're just hosting it, not putting your money in it. Good luck with the tourney if you host it.