I'm new to MTTs but figured I'd get started at this forum, just like at 5nl. =p
Fwiw, from a pure cEV standpoint, you have to call because the pot (assuming bb doesn't get involved....which should matter imo but I'll disregard for now) is something like 120k after you're both allin, and you need to call ~49k more. You need to be good about 40% of the time.
If he's open shoving AJ+, KQs+, 22+, you're definitely +cEV with 77, ~2-3% dog (to win) vs his range. I would venture to guess that he's shoving a little looser than that. A9/AT at least.
I'm a big ICM noob, so would anyone be able to explain in depth why this could possibly be a fold? If this isn't the FT and the value of having a 20-30bb stack will let you coast and set up for a big stack later on, don't we need to be taking flips like this?
Basically, how is this at all different from, say, us raising AK pf, getting 3bet by an ultranit, and taking pretty much a flip against his 4bet calling range at this stage in the tourney?
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