i know for a fact it's that much... also big air 1st place is right up there, if not the same. here's a quick quote i found online... In 2008, the X Games doled out $3 million in prize money for the first time
they also, from what i read online as well, had over 300k devoted just to BMX disciplines.
now i don't know the exact numbers, as they're not straight from the mouth, but if they're dishing out 25k for first and 1k for 10th, they've gotta have that much.