ProElite/EliteXC Done…November 8th EliteXC Cancelled

Sources are reporting that Pro Elite the parent company of EliteXC will officially close its doors for good Friday. The highly anticipated fight between Eddie Alverez and Nick Diaz has been cancelled and employs received notice of termination.

In the two years of operation, ProElite has racked up a reported 60 million in debt. The promotion had been looking for investors to keep it a float into next year, but with the economy in a down slide it was highly unlikely the promotion was going to raise the funds needed.

Although the CBS broadcast of EliteXC “Heat” had decent network ratings, its loss of Kimbo Slice as a main event fighter and the StandGate scandal proved to much for the struggling promotion.

Here’s a snip from GracieFighter.com:

“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.”

It is going to be interesting to see how all the pieces of ProElite are going to fall, What will happen to the promotions, the fighters and ultimately the landscape of MMA?

Comments

  1. this is pretty significant because alot of fighters will have to find new homes. some of them are ex-UFC fighters (i.e. robbie lawler, scott smith), and i doubt the UFC will resign them. everyone keeps talking about jake shields, and though i don't see him as a top fighter, the UFC may pick him up. tito ortiz now is pretty limited to either signing with affliction or UFC, but if he is smart, he will resign with the UFC. sure, he might get paid better per fight at affliction, but with the ufc, there is reputation, competition, and more marketbility. plus, affliction is questionable whether it will survive another year. it was also 2 million in the red after their 1st event. and partnering with golden boy isn't what MMA is about. that's like dana white and don king coming together to put together boxing and MMA fights…. in short, puting together a baseball game followed by a football game. unique concept, but not going to work. elitexc was smart in pulling out now, now that kimbo has lost. you never know. ufc might just sign him for a 3 fight deal and throw him heavyweight guys just so that dana can watch true heavyweights destroy kimbo.

  2. Oswald Gobblecock says:

    I'm kind of happy about this news. I think it's good for the UFC to have competition but I can't stand EliteXC making their top fighters out to be the best. Jake Shields won't be a top 5 ww fighter in the UFC, I hated how people compared to him GSP and as for Kimbo… lol Nothing needs to be said there. Every1 on here knows all about him… it's the morons other places who don't know MMA who think he's somebody. I hope Affliction stays around though cause they actually have top fighter, pretty much only in the hw division but still top guys and the top guy in Fedor.

  3. Oswald Gobblecock says:

    Also wouldn't might seeing Cung Lee fighting in the UFC, I don't know if he'll make top 5 mw but he'd have a better chance then Robby Lawler!

  4. Oswald Gobblecock says:

    wouldn't mind* not "might"

  5. dane drebin says:

    with elitexc gone affliction might scoop some good fighters up and put on another really good card i hope affliction does well

  6. The UFC pushes another company down. Everybody wants to steal what the UFC built by luring fighters away with higher payouts. How's that working ? The UFC gains more credibility everytime one of these wannabe's gets shut down.

    Affliction has some promise but I see Tom Atencio more like Jared Shaw. He wants to be the Dana White of today. However , he needs to put the work into buiding his organization before he becomes the me only cocksucker that Dana is. Dana built the UFC around it's name and not any of the fighters. That is why they have continued to gain strength even after losing some of it's biggest names at different times.

  7. Oswald Gobblecock says:

    I don't totally agree with that Jake. Dana pushes the fighters names alot same as the UFC name but when fighters leave the UFC he runs their names into the ground but to be fair… most of the times a fighter leaves the UFC is because they start losing.

  8. Yeah Oswald, I'm kind of happy about this too. EliteXC made the sport kind of look like shit and that last Kimbo fight was a slap in the face to MMA fans. The good fighters will get picked up and the bad ones will filter through. Some of the organizations have probably had their eyes on certain fighters for a while. I agree about Kimbo though. They probably will see if he can pull something out, and if so, maybe they will let him stay. He probably won't do that well against better heavyweights though.

  9. gotta say I knew this was going to happen, nice job George Shaw

  10. this sucks i was starting to really like elitexc becauase kimbo waS gone and they have nick, Sheild, seith they will all join the UFC i am hoping

  11. Affliction has some promise but I see Tom Atencio more like Jared Shaw. i agree and i dont.. yea they do some a lot like but i do think Tom is going to do a lot better then Jared..

    yes i think a lot of Elitexc will join Affliction..

  12. wow, no one predicted this, it will be interesting to see where their top marketed fighters fall too, kimbo, if he continues to fight just took a HUGE pay cut, agreed with above posts that tito should prolly resign with ufc if he can, for whatever reason the ufe just seems to be the model and the other organizations try to do it their way and it just doesnt work dana I hate you but you know whats up.

  13. DID I NOT PREDICT THIS WOULD HAPPEN BEFORE YEAR END…I THINK SO. THATS WHAT HAPPENS TO COMPANIES THAT ARE IN IT JUST FOR MONEY REASONS AND SOLEY JUST THAT…NOW FOR SOME GOOD NEWS THEY HAD A FEW TALENTED FIGHTERS THAT WILL HAVE TO GO SOMEWHERE.

  14. sherk vs tyson will be the fght of the night

  15. does anyone know if this means that strikeforce will go under also. are they owned by pro-elite? strikeforce seemed to be doing things on a small scale and it looked like it was working for them.

  16. I am so happy this happened, only because I want to see jake shields get embarrased on ppv. I can't stand that pompous ahole. It is gonna be a wonderful day when he finds out that it will be difficult for him to be a top 10 ww in the ufc. There will be nowhere for him to go if he goes up he gets anderson silva if he goes down he gets penn. Man I hate that guy. Anyway as far as elite xc good riddance now maybe the ufc will be so flooded with fighters they will have more ufn or they will have kind of a minor league system.

  17. I so agree just like pro MLB and othe sports they all have minor leagues…this would be great.

  18. a minor league system would be an excellent way to revitalize fighters careers such as Vera, Mcfedries, grove, basically guys who arent washed up but who havent had it lately they could get their skills under control and their confidence back in these minor league fights. They could have some of these fights for free on spike every saturday. Then we could all argue who has the most potential and who is ready to come up. I know Dana White he could use the minor league system to choose fighters for TUF and that could be how they bring fighters up to the UFC on a reality show the losers go back to the minors. these minor leagues could also have titles, because not every one makes it out of the minor leagues some guys stay there forever. Then you could have some of the top camps : Gracie, america top team, greg jackson, wolfslair, NOG bros, Xtreme Couture etc. they could take these minor league fighters under their wings in a system similiar to NASCAR teams.

  19. Oswald Gobblecock says:

    Tom, Seth was already let go from the UFC cause he didn't win there and of course alot of EliteXC will go to Affliction just cause UFC won't want most of them.

  20. The UFC's minor league system is called WEC. They own it. I agree about Shields being a tool. He is a one trick pony and would lose to any top 10 WW. He'd also get crushed in any other division. Hope UFC picks up a lot of the top talent.

  21. I agree i think the UFC should create a womens division in WEC as that would bring diversity and new viewers.

  22. Thats a good idea.

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