Also known as bounty tourneys. I have not seen them at FT. Nice addition.
Note that because of this, the action, and your actions in particular will take on a new dimension. Most notable when a shortstack is all in, and his bounty is up for grabs. A play may be -EV for chips, but +EV for cold hard cash.
I like the bounty sng's at PlayersOnly. $10+1 and $5 for each knockout. Glad to see FT get into the bounty business.