Well................ sort of. I would definitely recommend contacting them about this FIRST.
Last year, I won my seat on UB early and contacted a few sites about the situation. Stars told me not to play there (I would forfeit the second seat if I won another one there), and Full Tilt was back and forth on the issue for a while. First, they agreed to my request give me $10k in WSOP money (to use in other events), and I think EVENTUALLY they said that proof of winning a seat on another site would be good enough to get them to give you cash instead of a seat through FT (and you lose the added $10 million contract thing, of course). I assume they are still doing that this year, but double check.
If you can't find the answer in a FAQ on their site, just shoot them an email. Their support isn't as fast as Stars', but it's still pretty good.
BTW - Welcome to the forum and congrats on winning the seat.
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