MMA Agents Unite In An Attempt To Stop Showtime’s ProElite Auction
MMAJunkie.com reports that some MMA agents are uniting to try to stop Showtime from auctioning the contracts of Elite XC fighters. ProElite closed it’s doors last last month and Showtime had invested money into ProElite and Elite XC and is owed compensations for the fall out. However, the MMA agents are fighting the legality of Showtime’s attempts to auction off the contracts as part of the ProElite liquidation. Here is an excerpt from the letter:
The unity of this effort is unprecedented and the message that is being sent is clear. Absent significant pre-established negotiated terms, do not bid on these contracts unless you are prepared to fight the challenge to their legality. It is our intention to honor our commitment to Pro Elite, but if Pro Elite is not able to perform in accordance with the contractual terms, the fighters should be granted unrestricted free agency with the unfettered ability to enter the marketplace.
Many managers submitted letters to Elite XC notifying them of breech of contract. A contract is a contract, and I’ve never seen the stipulations of the contract, but I don’t feel that these fighters should be sold like property.
Read the entire story and full letter at MMAJunkie.com
Tags: Elite XC, mma, MMA. Mixed Martial Arts, ProElite, showtimeRelated Stories
POSTED IN: Elite XC, Mixed Martial Arts
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