Stars 5400 FPP tournaments

[NL__Fool]

I've read numerous times that these are the best option to spend your FPP points on if you are able to win at them.

So let me see if I understand this corectly, I spend 5400 FPP points and if I get in the top 4 I win a seat in the Sunday million, which I can then sell for cash?

How does one sell the seat for cash? From what I understand you get T$$ or something like that which can be sold for 95% of their value.

How do you sell the T$?

So if I have my calculations right instead of buying the $1,500 cash bonus for 100K FPP points I can purchase 18 5400 FPP Tournaments.

If I can finish in the top 4 in 8 of the 18 Tournys I am ahead $134 and anymore then that is gravy?

$215 x.95= $204.25 x8 =$1,634.00

Or is it based on $200 and not the sitting fee?

Also is 95% accurate for selling the T$$?