ProElite / EliteXC Promotion Is Out Of Business… What does this mean for CBS Saturday Night Fights?
Tuesday, October 21st, 2008Kimbo Slice will no longer fight for the ProElite / EliteXC promotion, not by choice, but simply for the fact that ProElite has gone out of business. For those of you who don’t know the business relationship between EliteXC and ProElite, ProElite was a media company founded by the partnership of Showtime Networks and EliteXC. After being founded, CBS joined the partnership being granted the rights to broadcast 4 EliteXC events as Saturday Night Fights. In September Showtime Network which owned 20% in the company, wished to gain a larger and controlling portion of the company. According to Sports Illustrated, “When those negotiations failed, said a source inside ProElite who asked not to be identified, funding dried up and the company was forced out of business.” So, folks, it looks like Kimbo Slice won’t be fighting Seth in a rematch on CBS any time soon. Will CBS work out some deal with EliteXC along, only the future will tell.







