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CBS Paid for the Entire EliteXC Show

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From MMAPayout.com

The Company advised CBS that it was unable to deliver the Sunrise Event ordered by CBS for October 2008 under the current terms of the Agreement.

Accordingly, the Company and CBS agreed to amend the Agreement whereby CBS would assume all expenses for the event and receive all revenue from the event. CBS advanced the estimated event costs according to an agreed upon budget in order for the Company to pay expenses related to the event. Additionally, the Company and CBS waived mutual exclusivity under the Agreement for the Sunrise Event.

EliteXC seems to only have benefited from the exposure, since all the revenue went to CBS. So, that definitely will not help the fledgling company. Things don't look good for EliteXC. It has definitely been a rough couple of months for the promotion.

Comments

wardog's picture

Like I said do not put Bimbo

Like I said do not put Bimbo as the main fight or promote him as a legitimate threat to any heavyweight. Put him lower on the card maybe second or third fight in. Use Gina as your headliner or do a Shamrock vs Tito fight. Also get the Affliction guys in co-main events again. But mostly get the Shaws out of there and bring in someone else, perhaps either someone familiar with MMA promotions or hell bring in a former fighter like Dan Severign or Royce Gracie.
Wardog

KingLev's picture

I agree I wouldn't mind

I agree I wouldn't mind watching Kimbo fight per say if he was where he belongs on the undercard or as a first or second fight on the televised portion.

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