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Go Back  Sherdog Mixed Martial Arts Forums > Fight Discussion > The Contenders: Worldwide MMA: > EliteXC strapped for cash

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Old 05-16-2008, 11:56 AM   #21 (permalink)

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well if elite xc goes under, then more power to the UFC and Dream because they can sign alot of thier fighters to their Orgs. Well, mainly UFC because Dream already has a a contract with Elite XC to co-promote, so im assuming alot of their fighters would sign with Dream. Hey, could it be, is this the reason UFC is cuttin alot of fat off of their roster? I mean, they are letting go of older guys and younger guys that wernt hacking it. Maybe they felt Elite XC could go under, and they had to make some room to possibley sign some of their guys!!! Some younger, more talented up and comers?? ya just never know!

Bottome line, 6 months from now, the only TRUE TOP orgs wil lbe UFC and Dream, period!!! its going to be jsut liek UFC and PRide was, with a bunch of smaller orgs. Affliction will not be successful, to much money loss. Elite XC put all ther eggs in one basket and gambled big time. Without he backing of CBS, they wont succeed. I have a feeling that there wil lbe alot of outcry from some of the general public who watch CBS, and CBS will be forced to cut Elite XC. Just a feeling, either with the outcry or if the May 31 show is not a success, CBS will pull it either way!

All the affliction fighters that used to fight for pride, and most of the Elite XC fighters will go to dream, with maybe a few going to UFC. Dream will pick up the rest of the old pride roster that isnt signed with UFC right now, Thus we will have come FULL CIRCLE, UFC and Dream(pride) left standing alone once again!!

im just sayin

Oh, and ive said it before and ill say it again, I still dont think Tito is leaving the UFC. Especially if he ever gets a whiff of the financial status of Elite XC. Unless he wants to fight the rest of his Career in Japan, and hope that the Japanese fans treat him like the ROckstar he wants to be treated as, he is better off staying with UFC. I mean where else is going to go, HDNET??? WVR, Affliction dont think so! ANd lets say he does go to Afflcition, how long will that last, one fight? Then what, he comes crawling back to the UFC? Wont happen. If he is a smart businessman as he says he is, he will stay put with UFC and save himself the embarassment of crawling back to the UFC.
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Last edited by manalito : 05-16-2008 at 12:12 PM.
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Old 05-16-2008, 11:59 AM   #22 (permalink)

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UFC did the same thing with TUF
huh? that's apples and oranges. the cost of producing TUF shows, which were comparatively low, vs signing over the lion's share of rights to your event and intellectual properties to a third party (CBS) is not the same thing at all.

Also, the UFC didn't bet the farm on TUF... they were already floundering and the effort just happened to launch them to present day success. That is also pretty dissimilar to a company doing alright but not breaking through going and signing their rights away.

lastly, it goes without saying that CBS brings a whole lot more to the table than Spike did at the time... the cost of working with Spike is exponentially lower than working with a network like CBS.
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Old 05-16-2008, 12:03 PM   #23 (permalink)

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Bull sh*t they did the right thing signing Kimbo and putting together a card that has a chance to have a lot of exciting fights on it. Affliction will be the one to blow it if they shell out tons of cash for fighters and have a PPV flop.
Besides Kimbo, who the hell is a draw on that card?

AA has a large following and is very well known in MMA. top 10
Barnett is American and very charasmatic and creates exciting fights. top 10
Lindland does not have a very exciting style, but he is American and top 10
Tito- we will see what happens with him, but it doesn't even seem like Elite has the cash to be able to pay him, which is a big mistake, because he is a bigger draw than Kimbo.
Arona would also be top 10 if he ever fights again.

Elite fucked up. You never put all of your eggs in one basket (Kimbo), that's what M-1 did.
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Old 05-16-2008, 12:15 PM   #24 (permalink)

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Keep in mind alot of Elite XC's money problems are from start up and buying up promotions. That is why the books look so bad. I think you'll see at the end of the year things are looking pretty good for Elite XC.
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Old 05-16-2008, 12:22 PM   #25 (permalink)

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Keep in mind alot of Elite XC's money problems are from start up and buying up promotions. That is why the books look so bad.
Not true.

Acquisitions impact the balance sheet, not the income statement. the $30 million that EliteXC lost had nothing to do with their acquisitions.
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Old 05-16-2008, 12:22 PM   #26 (permalink)

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Robby Lawler
Jake Shields
Eddie Alvarez
Nick Diaz
Antonio Silva
KJ Noons
Brett Rogers

EliteXC's roster rivals that of any other non-UFC American promoter.
true i may have been hasty in that comment but what really annoys me is that they have this talent and yet they decide to promote kimbo over all these more talented and experienced fighters.
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Old 05-16-2008, 12:26 PM   #27 (permalink)

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Top fighter? You said it yourself, he has had two pro fights, hardly what I would call a top fighter.
i meant as in he's shaw's top fighter, shaw's favorite if you will.
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Old 05-16-2008, 12:36 PM   #28 (permalink)

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Also, the UFC didn't bet the farm on TUF... they were already floundering and the effort just happened to launch them to present day success.
Dana has frequently said in interviews that the UFC was finished if TUF failed. They had already shopped the company around and found no takers, so they decided to make one last ditch effort to turn to turn the company around, and TUF was that last ditch effort.

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That is also pretty dissimilar to a company doing alright but not breaking through going and signing their rights away.
ProElite was not 'doing alright'. They were hemorrhaging money and on the verge of running out of cash. Read the excerpt from MMAPayout in the original post. They need$5 million just to keep the business running after June 1st.

People like to point out the fact that Zuffa also lost a lot of money when they bought the UFC, but they always forget about the time component. The UFC lost $40 million over FIVE years ($8 million per year). EliteXC lost $30 million in ONE year. Losing money is one thing. Losing oodles and oodles of money is quite another. No start up company can afford to keep losing $30 million dollars per year.

EliteXC was/is in serious trouble and the CBS deal will either sink them or make them huge. Just like the TUF deal did for the UFC.
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Old 05-16-2008, 01:12 PM   #29 (permalink)

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I hope IFL and Elite XC go under.
There are too many oraganizations(UFC, Affliction, Elite XC, SF, WEC, Dream, Sengoku, IFL, Adrenaline) and I can't cover all of them.
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Old 05-16-2008, 01:22 PM   #30 (permalink)
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Quote:
Originally Posted by Steve4192 View Post
Robby Lawler
Jake Shields
Eddie Alvarez
Nick Diaz
Antonio Silva
KJ Noons
Brett Rogers

EliteXC's roster rivals that of any other non-UFC American promoter.
Don't forget Cung Le, Frank Shamrock, Kimbo, etc. But even that being added you still can't compare to Dream, maybe to WVR but that's a tight comparison. Dream is pulling away from EliteXC fast.
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