Ivey No Longer Encumbered by Short Stack
In a word - he's out. The last of his chips found a preflop caller in Jeff Madsen who had an almost identical hand - with one crucial difference:
Ivey: 
Madsen: 
The board delivering 
meant that that Ace was crucial (Omaha, remember) and Ivey headed off as the level ticks towards its conclusion. Madsen now at 85k and happy, though.