Loren Coleman, a professor at the University of Southern Maine, says anyone with a photo that leads to the live capture of one of the legendary creatures will get the money.
- INDEPTH: Fact or Fiction?
He plans to release details of the reward at an upcoming conference on cryptozoology, the study of unknown species of animals yet to be recognized by science. A yet-to-be-named company will provide the cash.
Coleman says he's looking for a photo to discourage people from running around the woods with guns.
- FROM CBC ARCHIVES: Tracking Sasquatch
Two reports of sasquatch sightings in Canada this past year have made headlines, but have failed to prove anything.
DNA tests on a tuft of hair found near a large footprint in the Yukon showed it was from a bison, while a videotape from a northern Manitoba community was blurry.