EliteXC / ProElite is no more!

Zerokruel · 10-20-2008, 10:39 PM

I "borrowed" this from another MMA forum, and I think they "borrowed" it from another website. Well, it looks like Tito's new contract doesn't mean crap and I find that hilarious. I think the only true winner here is actually Kimbo.

5thRound.com sources have confirmed that ProElite, which is the parent company for EliteXC, will be closing its doors this Friday. Sources close to the situation verified that the employees for the struggling MMA company received word today that the company’s last day of work will be this Friday. During the company’s two years of business, it has been reported that they have lost nearly $60 Million, causing many to believe that, despite their valuable deal with CBS, it was only a matter of time before the ship sank.

EliteXC just held their third CBS promotion, “Heat,” last month, which turned out to be another primetime ratings success. However, on the event, the company’s golden boy Kevin “Kimbo Slice” Ferguson was knocked out in 14 seconds. As he fell to the mat, it seems as though he took EliteXC’s hopes for a future with him as well.

Graciefighter.com, which is run by Caesar Gracie, the Brazilian Jiu Jitsu coach for ProElite fighters Jake Shields and Nick Diaz, posted the following on their website:

"We are confirming that EliteXC has folded. What this means for our fans and supporters is that there will not be a Nick Diaz vs. Eddie Alvarez fight on November 8th. However Jake Shields in the UFC has now become a real possibility. We will be updating our site for future developments."

In ProElite’s attempt to be more competitive to the UFC’s stranglehold on MMA, they acquired a number of smaller MMA promotions, most notably King of the Cage and Cage Rage. Rumble on the Rock, the Hawaiian promotion owned by JD Penn, the older brother of UFC lightweight champion BJ Penn, had been leasing his promotion to ProElite. Our sources have confirmed that JD was laid off this afternoon as well.

otmack2o · 10-21-2008, 12:10 AM

My biggest question...

What about Gina vs. Cyborg!?

Zerokruel · 10-21-2008, 12:35 AM

Most are saying Gina was was probably lucky this happened. However, I'm thinking Affliction might take EliteXC spot with CBS or Showtime maybe. Affliction had already let AA fight on the last EliteXC event (which was on CBS). Anyways, what I'm trying to say is don't be surprised if Affliction picks her and the fight up since they have already intermingled. But it wont be for a long while now. Damn, this also means the Shamrock Vs. Shamrock fight is off.

pearljam_cubbies · 10-22-2008, 12:36 AM

I actually liked Elite XC....anyone who puts Gina on my tv is okay in my book

I feel bad for everyone involved but really they did it to themselves putting all their money into Kimbo F'N Slice I see vince mcmahon in his future

Cubfan86 · 10-22-2008, 08:28 AM

Quote:

Originally Posted by pearljam_cubbies

I actually liked Elite XC....anyone who puts Gina on my tv is okay in my book

I feel bad for everyone involved but really they did it to themselves putting all their money into Kimbo F'N Slice I see vince mcmahon in his future

I'm with you Cubbie. I like ELite also and mainly because it did not cost $50 to watch a good fight. They have had at least 5-6 pretty good cards worth of fights over the last year and I already have Showtime because of Dexter

fm8418 · 10-22-2008, 08:38 AM

but their cards on CBS have been a joke.

UFC doesn't need a premium channel to carry their fights or network cable station because their the Top draw and that's why people pay the money.

Most good boxing matches would always be on PPV.

10-20-2008, 10:39 PM	#1 (permalink)
Zerokruel Member Join Date: Apr 2008 Location: Ripon,Ca Posts: 752 iTrader: (13 / 100%)	EliteXC / ProElite is no more! I "borrowed" this from another MMA forum, and I think they "borrowed" it from another website. Well, it looks like Tito's new contract doesn't mean crap and I find that hilarious. I think the only true winner here is actually Kimbo. 5thRound.com sources have confirmed that ProElite, which is the parent company for EliteXC, will be closing its doors this Friday. Sources close to the situation verified that the employees for the struggling MMA company received word today that the company’s last day of work will be this Friday. During the company’s two years of business, it has been reported that they have lost nearly $60 Million, causing many to believe that, despite their valuable deal with CBS, it was only a matter of time before the ship sank. EliteXC just held their third CBS promotion, “Heat,” last month, which turned out to be another primetime ratings success. However, on the event, the company’s golden boy Kevin “Kimbo Slice” Ferguson was knocked out in 14 seconds. As he fell to the mat, it seems as though he took EliteXC’s hopes for a future with him as well. Graciefighter.com, which is run by Caesar Gracie, the Brazilian Jiu Jitsu coach for ProElite fighters Jake Shields and Nick Diaz, posted the following on their website: "We are confirming that EliteXC has folded. What this means for our fans and supporters is that there will not be a Nick Diaz vs. Eddie Alvarez fight on November 8th. However Jake Shields in the UFC has now become a real possibility. We will be updating our site for future developments." In ProElite’s attempt to be more competitive to the UFC’s stranglehold on MMA, they acquired a number of smaller MMA promotions, most notably King of the Cage and Cage Rage. Rumble on the Rock, the Hawaiian promotion owned by JD Penn, the older brother of UFC lightweight champion BJ Penn, had been leasing his promotion to ProElite. Our sources have confirmed that JD was laid off this afternoon as well. __________________ Currently trading for Diapers and Formula! Also collecting John David Booty!

10-21-2008, 12:10 AM	#2 (permalink)
otmack2o Member Join Date: Jul 2007 Location: MI Posts: 2,606 iTrader: (48 / 100%)	My biggest question... What about Gina vs. Cyborg!? __________________ Currently Buying Cards of: Rick Porcello, Michael Stanton, Derek Holland, Rodney Stuckey Need cards? Checkoutmycards.com/users/2_t_2

10-21-2008, 12:35 AM	#3 (permalink)
Zerokruel Member Join Date: Apr 2008 Location: Ripon,Ca Posts: 752 iTrader: (13 / 100%)	Most are saying Gina was was probably lucky this happened. However, I'm thinking Affliction might take EliteXC spot with CBS or Showtime maybe. Affliction had already let AA fight on the last EliteXC event (which was on CBS). Anyways, what I'm trying to say is don't be surprised if Affliction picks her and the fight up since they have already intermingled. But it wont be for a long while now. Damn, this also means the Shamrock Vs. Shamrock fight is off. __________________ Currently trading for Diapers and Formula! Also collecting John David Booty!

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10-22-2008, 12:36 AM	#4 (permalink)
pearljam_cubbies Member Join Date: Sep 2007 Location: Kalamazoo Posts: 417 iTrader: (2 / 100%) dandssportcards	I actually liked Elite XC....anyone who puts Gina on my tv is okay in my book I feel bad for everyone involved but really they did it to themselves putting all their money into Kimbo F'N Slice I see vince mcmahon in his future

10-22-2008, 08:38 AM	#6 (permalink)
fm8418 Member Join Date: Feb 2008 Location: Toledo, ohio Posts: 1,353 iTrader: (21 / 100%) fm8418	but their cards on CBS have been a joke. UFC doesn't need a premium channel to carry their fights or network cable station because their the Top draw and that's why people pay the money. Most good boxing matches would always be on PPV.