Quote:
Originally Posted by me>you
By buying out all of the major B-level promotions (except Strikeforce), Elite XC has basically accomplished what UFC could never have dreamed possible of doing — potentially killing off an entire farm system of promotions for building new MMA fighters. Essentially put, if Pro Elite goes out of business soon then it can be fairly stated that the company negatively impacted the business by paying off so many upstarts and not doing anything with those promoters they paid off. Remember — promoters like Terry Trebilcock signed multi-year deals, so they will be on the sidelines in the foreseeable future if Pro Elite tanks and goes out of business.
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Actually, I see guys like Trebilcock, TJ Thompson, and JD Penn making out like bandits if ProElite goes out of business. Trebilcock/Thompson/Penn got a nice chunk of cash when they sold KOTC/ICON/ROTR to ProElite, and are in good position to reacquire those assets for pennies on the dollar if ProElite goes out of business and is forced to liquidate in order to pay off their creditors.
Not only will those three promotions survive, they'll probably be better than ever thanks to the cash infusion provided by ProElite.