$16 - AK SB l1 vs button raiser

[mattiesmat]

I got AK in SB and after one limper the button, a 6% ROI regular with stats: 16.7/9.6, made a pretty standard raise from the button.
I thought I was ahead of his raising rane (I put him on ATs+/AJ+ TT/JJ+), I was out of position and I had a monster.
I thought a good raise would win the pot right away often and atleast give me respect if I c-bet on the flop.
However he then reraised me and I was not sure what to do.
If I pushed over I had no fold equity and would be flipping at best.
If I called I had to call 290 for a 960 pot, which meant I had to win the pot 1/3+.
If I just called and missed the flop I still had a workable stack of 900+.
Should I have pushed freflop after his rereraise because of the money already in the pot?
How would you have played the hand?
What hands do you put him on?

PokerStars No-Limit Hold'em Tourney, Big Blind is t20 (9 handed) by Hand Converter CG

MP1 (t2270)
MP2 (t1490)
MP3 (t1990)
CO (t530)
Button (t1520)
Hero (t1480)
BB (t1400)
UTG (t1320)
UTG+1 (t1500)

Preflop: Hero is SB with K[img]/images/graemlins/club.gif[/img], A[img]/images/graemlins/diamond.gif[/img].
UTG calls t20, <font color="#666666">5 folds</font>, <font color="#CC3333">Button raises to t90</font>, <font color="#CC3333">Hero raises to t270</font>, <font color="#666666">1 fold</font>, UTG folds, <font color="#CC3333">Button raises to t560</font>, Hero calls t290.

Flop: (t1160) 2[img]/images/graemlins/diamond.gif[/img], 5[img]/images/graemlins/spade.gif[/img], 9[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(2 players)</font>
Hero checks, <font color="#CC3333">Button bets t960 (All-In)</font>, Hero folds.

Final Pot: t2120