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mmajunkie.com - 11/15/2008

Showtime pulls plan to auction off EliteXC contracts

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Showtime has halted plans for a public auction of ProElite assets. The auction was scheduled for Monday, at which time Showtime was to sell ProElite's remaining assets, including fighter contracts. However, Showtime in a statement today indicated that it has, at least temporarily, decided ...

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Showtime scraps plans to auction EliteXC assets
The SAV SCI MMA blog — ... or cancel the public sale and thereafter dispose of such property in a public or private sale or in any other manner provided under its agreements with ProElite and by applicable law.” Showtime has claimed rights to ProElite’s remaining assets after ProElite defaulted on two promissory notes of $4 million that Showtime lent to the company in June and September. The premium cable network notified the public markets earlier this month of its intentions to auction off those assets. Showtime pulls plan to auction EliteXC assets @ MMA Junkie

The great escape
Fightlinker.com » Fightlinker - MMA, UFC, and other funny fight crap — Showtime has called off Monday’s ProElite asset auction, so that means everything is still way the fuck up in the air regarding the fate of all those under contract with the organization. That doesn’t mean all of the fighters are stuck spinning their wheels, though. There’s a few guys who are going ahead and breaking away one way or another: Paul Daley: He hasn’t explained how he’s doing it, but Paul has announced that he’ll be fighting John Alessio in Canada on December 5th Scott Smith: Again, who knows how … but Strikeforce has locked up Scott Smith to take on Terry Martin at ...

MMA Quick Hits: UFC 91 Fight Night
MMA News, Results, UFC blog, Ultimate Fighter, Rumors, Video and Opinion — Just as the mainstream media hype machine gets rolling on UFC 91, some overlooked MMA news has hit the blogs. Chuck Liddell left USO tour due to illness or was he KICKED out? Scott Smith will take on Terry Martin at Strikeforce “Destruction” on Nov. 21 Randy Couture and Brock Lesnar fight salaries have been released early by the CSAC. Showtime gives in, cancels ProElite asset sale. Kala Kolohe Hose vs. Kalib Starnes fight cancelled; Five minute rounds to much for Hose? “On November 12, 2009, just three training days before the scheduled ...