Like I was saying,,, have your mind made up to ditch all the gear and save your own life. PFD might have helped. I'm not sure of the conditions but in the background I don't see white caps. There is a setup that I encountered in my big boat transiting a pass. Its called Standing waves. It can occur when wind and currents are opposed in an inlet/pass. It was flat calm outside the pass, but as I continued in the waves got hugh in the space of about 100yds. Before I knew it I was in 12-15fters and it almost capsized me. Once you get in it there is no turning back around even if the waves are breaking over the stern, cuse you'll get rolled. It looks like that was what was attempted here,,, to turn outbound and get out of the pass.
The captain passed away today. RIP.. The first link pictures are very telling and frightening, note pictures 17-20. The second is the is short post article.
http://pnyr.big1059.com/cc-common/galle ... _id=249965
http://www.palmbeachpost.com/news/ma...in-896503.html