Denny Burkholder

With powerful Hurricane Ike spinning toward the state of Florida, the World Extreme Cagefighting event scheduled for Wednesday at the Seminole Hard Rock Live in Hollywood, Fla. has been postponed until November 5, officials told CBSSports.com Friday.

The rescheduled event is still slated to take place at the Hard Rock Live in Hollywood, Fla.

As of Friday evening, the storm was projected to approach the southern tip of Florida by Tuesday, although forecasters warn that the exact path of the hurricane could deviate over the next several days, depending on the strength and position of its steering currents.

An official with the Seminole Hard Rock Live confirmed the cancellation with CBSSports.com Friday evening. An official statement from WEC is expected within the hour.

Regardless of whether the storm directly crossed into greater Miami-Fort Lauderdale area -- which includes Hollywood -- it is very likely the storm will come close enough to cause a sustained period of dangerous weather for the region.

UPDATE: Below is the official word from WEC:

HOLLYWOOD, FLA. – World Extreme Cagefighting (WEC) and The Seminole Hard Rock Hotel & Casino today announced that WEC: FABER vs. BROWN fight at the Hard Rock Live scheduled for Wednesday, September 10 has been POSTPONED due to the threat of Hurricane Ike to South Florida.

The fight has been rescheduled for November 5 at Hard Rock Live at the Seminole Hard Rock Hotel & Casino. Tickets purchased for the September 10th date remain valid and will be honored .on the new date. Refunds for fans that are unable to attend the rescheduled date can be obtained at the point of purchase.

The WEC press conference scheduled for September 8 at Paradise Live has been cancelled.

"Due to the potential of a major hurricane hitting the South Florida area on Wednesday we were compelled to postpone the event," said Vice President of Operations and Production Peter Dropick. "For the safety of our fans, the fighters and our staff we felt it was in the best interest to make this decision."

Hurricane Ike is currently a Category 3 storm with sustained winds of 120 MPH and is moving west/southwest toward South Florida according to the National Hurricane Center's latest advisory. The storm is on track to have impact on the Florida Keys and South Florida on Tuesday (9/9) into Wednesday (9/10).

"With Hurricane Ike approaching our area we have concern for the fans, fighters, our employees and the South Florida community in general," said Bernie Dillon, Sr. Vice President of Entertainment for the Seminole Hard Rock Hotel & Casino. "We felt like it would be prudent and in everyone's best interest to postpone the event. We certainly don't want to cause any travelers or employees to get stranded here should we have a major storm."