Blog Entry

Reports: EliteXC files bankruptcy, closes doors

Posted on: October 21, 2008 10:27 am
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EliteXC and Pro Elite appear to be finished, according to multiple reports that surfaced beginning on Monday evening.

Loretta Hunt of Sherdog.com reported that EliteXC fighter Joey Villasenor was notified Monday that his middleweight title bout against Robbie Lawler slated for Nov. 8 on Showtime was off, due to the event being cancelled. Hunt further reported that Icon Sport and Pro Elite executive TJ Thompson said he learned on Monday morning that the company had already filed bankruptcy paperwork and would cease operations entirely by the end of this week.

EliteXC fighter, color commentator and shareholder Frank Shamrock was quote by Dave Meltzer of Yahoo! Sports as saying he'd also heard the news.

“I got a call earlier (Monday) telling me they were shutting down,” Shamrock said. Meltzer added that the representatives of numerous EliteXC fighters had already been in contact with the UFC on Monday in hopes of finding a place for those fighters in that promotion.

EliteXC/Pro Elite has yet to comment publicly on the reports. Neither CBS -- which broadcast three EliteXC events, most recently the Kimbo Slice vs. Seth Petruzelli upset on Oct. 4 -- nor Showtime, which had a show scheduled for Nov. 8 entitled "Night of Champions," have made a public statement.
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Comments

Since: Mar 4, 2007
Posted on: October 23, 2008 2:42 pm
 

Reports: EliteXC files bankruptcy, closes doors

What a great contradiction!

"To watch two people pound the crud out of each other is insane"

"Besides, all I have to do is look outside my window on occasion and watch for free"

Why does a hoodlum post on a MMA board in the first place?  Which is it... you do or don't like fights?  It's ok, I like to eat my cake and my icing both even though they both taste terrible.



Since: Oct 22, 2008
Posted on: October 22, 2008 1:29 pm
 

Reports: EliteXC files bankruptcy, closes doors

What is next for Kimbo Slice?

I think that answer is obvious.

Dancing with the Stars.

Who is with me?

best. post. ever.

I would actually watch that show!




Since: Oct 22, 2008
Posted on: October 22, 2008 1:21 pm
 

Reports: EliteXC files bankruptcy, closes doors

Kimbo, hope you enjoyed your 15 minutes. 

Back to YouTube you go.  But even now, all the allure and appeal is gone because you got knocked the f--k out.

At least you were smart enough to cash in while you could.

 




Since: Aug 19, 2006
Posted on: October 22, 2008 8:01 am
 

Reports: EliteXC files bankruptcy, closes doors

Sorry, but Kimbo will NEVER,EVER be in the UFC. He could'nt even beat a UFC "outcast". He is in NO WAY a true Mixed Martial Arts fighter. He is simpy a backyard brawler.....with no chin.  The only fighters that the UFC would entertain woild probaly be....Joey V,Scott Smith,Ninja Rua,and Robbie Lawlor. 



Since: Sep 15, 2008
Posted on: October 22, 2008 7:50 am
 

Reports: EliteXC files bankruptcy, closes doors

It won't really matter that Kimbo is fundamentally unsound. The fact is he draws crowds to his fights, so he will be signed with someone. I am very surprised to hear this news though. I watched the CBS fights the night Kimbo was upset and I thought they had some very good fighters. It was certainly entertaining. I guess it wasn't enough though.



Since: Oct 4, 2006
Posted on: October 22, 2008 1:12 am
 

Reports: EliteXC files bankruptcy, closes doors

kimbo should get on wwe, thats wut i would if i was him...



Since: Jan 7, 2007
Posted on: October 22, 2008 12:31 am
 

Reports: EliteXC files bankruptcy, closes doors

Kimbo made some money on these fights but the "coin" he made isn't exactly retirement money.  He may eat for a while but a little voice keeps saying that he will be broke within a very short time.  What people have to remember is that the MMA fighters are not making the same money that a prizefighter makes.  When boxers fight for a title or even on the under card they make much more than these guys fighting in MMA.  None of the MMA fighters can boast, "I keeps a private jet" aka Floyd Mayweather Jr.




Since: Jan 4, 2007
Posted on: October 21, 2008 11:37 pm
 

Reports: EliteXC files bankruptcy, closes doors

HEY FOOLS, PETRUZELLI DIDNT BANKRUPT XC, THEY WERE ALREADY GOING BANKRUPT,,,,,AND THATS WHY SHAMROCK ALL OF A SUDDEN GOT CUT, CAUSE HE LEARNED OF THE PROBLEMS AND FIGURED HE COULD NOW GO ANYWHERE TO FIGHT,,DESPITE HAVING THE CHANCE TO KNOCK OUT KIMBO.  HE OBVIOUSLY WOULD HAVE NEVER GOTTEN CUT IF IT WERE NOT FOR THEIR FINANCIAL PROBLEMS. HOW COULD THAT FIGHT BANKRUPT THEM??????



Since: Nov 4, 2007
Posted on: October 21, 2008 10:12 pm
 

Reports: EliteXC files bankruptcy, closes doors

MMA will survive without Kimbo, there's no doubt about that - but will anyone else 'fess up to feeling a similar way to me, and actually confess to missing Kimbo if he wasn't still involved with the sport in some way? I don't know, man - the whole "thug from the streets fighting his way onto ESPN" story was a new and unique angle from which to regard the MMA world, and Kimbo's larger-than-life personality put asses on seats at a time where a lot of scrutiny and skepticism of the sport in general caused the mainstream to question whether it really was "legit" or here to stay.

Four possible destinations (minus the UFC, as discussed above) for Kimbo's empty scalp follicles and even more depleted octagon skills:-

*Strikeforce, a similar organization to EliteXC in terms of roster depth and mainstream interest, pick him up. They won't pay quite as much as Gary Shaw did, but they would handle him properly in the long-term and gain some publicity and cashflow in the short-term. It wouldn't improve the depth or their roster very much - I can think of at least five Strikeforce fighters more talented and well-rounded than Kimbo just off the top of my head - but it might be a mutually beneficial move for everyone - Kimbo stays in the public eye somewhat, and Strikeforce capitalizes on the demise of another MMA rival.

*Affliction sign him, just like they're signing pretty much everyone else on the planet who isn't contracted to the UFC. Even if it was just for one show, signing Kimbo would provide yet another publicity push for the promotion and would probably prove cost-effective in terms of PPV buys. Of course, they'd still have to find him someone mediocre to fight, because I wouldn't even fancy his chances against the likes of Pedro Rizzo or the hopeless Gary "Butterbean MK. II" Goodridge. Or even Butterbean, for that matter....!

*He heads to Japan, where they love "name" fighters above all else, and becomes some kind of catchweight freakshow, fighting here, there and everywhere against the likes of Hong Man Choi  and Lord knows who else for hugely inflated paychecks.

*He delves into his contacts book, gets on the phone to one of his old Reality Kings buddies, and does a porno movie. "Slice of Hard Salami", anyone?



Since: Sep 1, 2008
Posted on: October 21, 2008 8:39 pm
 

Reports: EliteXC files bankruptcy, closes doors

Dana White with his huge ego knows that the UFC doesn't need any of these fighters.  There is no way that any one of these Elite XC fighters will get a UFC contract offer.  Their best chance is to join Affliction.

Kimbo Slice is a one-trick pony whose time is up in MMA.  We'll probably see him in K-1 or some other sport where there are no ground game skills required. I sure hope he didn't spend all his money already.  That's if he even got paid yet by EliteXC.



The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com