ProElite Heading For eBay?
Nope, but it will be up for public auction. MMAWeekly reports:
In a Securities and Exchange Commission filing dated Nov. 4, executives from Showtime Networks and parent company CBS Corporation announced that the assets of Pro Elite, Inc. would be sold to the highest bidder in a public auction scheduled for Nov. 17.
So there you go. Any chances of ProElite or EliteXC promoting any future fights are now in the hands of some one with a fat wad of cash. This is kind of strange seeing that just recently they told a few fighter’s managers that they would be promoting fights in early 2009. I’m not sure of the legalities here, but I’d be willing to bet that some of the fighters will be exercising their rights to file a breach of contract. It’s quite obvious that something a shady was going on in this promotion. I never liked this promotion for the simple reason that the fighters were cutting promos in a pro-wrestling style that came of scripted and cheesy.
Source: MMAweekly.com
Tags: Cagefighting, EliteXC, mma, MMA. Mixed Martial Arts, ProEliteRelated Stories
POSTED IN: Elite XC, Mixed Martial Arts
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