(Props: MiddleEasy via FrontRowBrian)

For the 97% of you who completely skipped over our helpful Pro Elite 3 recap yesterday, let us boil it down for you: Minowaman was unable to leglock Kendall Grove, and Kaleo Gambill made the international symbol for masturbation after getting knocked out by Brent Schermerhorn. A GIF of that second thing is above.

Watch as Gambill eats a lights-out left hook, then reverts to pure muscle-memory, his arm and hand instinctively doing what they usually do when he’s in that position. As long as he’s not breaking the universal rules of the jerk-off gesture, we see absolutely no problem with this.

(We’d recognize those feet anywhere. Photo courtesy of Sherdog.)

Fifth time’s a charm? After four consecutive losses — three by dramatic first-round knockout — Andrei Arlovski will have yet another chance to redeem himself at ProElite’s return show (August 27th, Honolulu). His opponent is as “rebound” as they get. ProElite has confirmed that Arlovski will be taking on Ray Lopez, a Michigan-based light-heavyweight with less than two years of pro experience, whose 5-1 record doesn’t include a January 2010 submission loss that was later changed to a no-contest. Lopez most recently scored a first-round knockout over Rob Morrow at a KOTC event on July 16th.

Arlovski vs. Lopez is listed as the event’s headliner. ProElite certainly did their part by finding an opponent that the Pitbull can beat — now all Andrei has to do is avoid taking a nasty one to the chin. Will he pull it off? ProElite 1 will also feature a co-headlining middleweight scrap between UFC vets Kendall Grove and Joe Riggs, and the MMA debut of BJ Penn’s brother Reagan Penn.

After the jump: Videos of Ray Lopez in action.

(Carlos Condit discusses Dong Hyun Kim matchup at UFC 132, vows to beat Kim up until he doesn’t move anymore. Props: foxsports)

Some selected highlights from our friends around the MMA blogosphere. E-mail feedback@cagepotato.com for details on how your site can join the MMA Link Club…

- 10 Memorable Sports Moments Since Tito Ortiz Last Won a Fight (BleacherReport.com/MMA)

- Nate Marquardt Incident Highlights Need for Comprehensive HRT Policy in MMA (MMA Fighting)

- UFC on Versus 4 Photo Gallery – The Main Card (TheFightNerd)

- Matt Mitrione Post-Fight Video: “Gonna Get Drunk” (NBC Sports MMA)

- Miguel Torres Took a Picture of the Worst BJJ Injury He’s Ever Seen *WARNING: Graphic!* (MiddleEasy)

- Diego Sanchez Not Impressed with Charlie Brenneman or Rick Story (5thRound)

- Tito Ortiz Is “Not a Stepping Stone to Anyone,” Plans to Test the Will of “Disrespectful” Ryan Bader (LowKick)

- Donald Cerrone Fills Vacancy Opposite Paul Taylor at UFC Live 5 (Five Ounces of Pain)

- Under New Ownership, Pro Elite Rises From The Ashes For Possible August Return (MMA Convert)

- Keith Kizer Explains Therapeutic Use Exemptions for Testosterone Replacement Therapy in MMA [Audio] (MMA Mania)

After purchasing “select assets” including fighter contracts from Pro Elite last week, Strikeforce quickly went from a surprisingly successful regional promotion to a major player in the MMA scene almost overnight.  In this exclusive interview CEO Scott Coker talks about the deal and the acquisitions, as well as what his organization has planned for its new talent.

CagePotato.com:  Thanks for talking with me, Scott.  Since you purchased the fighter contracts, how has the transition been going?  Do you find that the fighters are eager to fight for Strikeforce now?

I’ll tell you, we’ve had about twenty or so, or about half of the roster, that we’ve reached out to as of this morning and had good conversations about scheduling and match-ups.  I think that, at the end of the day, a lot of these guys just want to get back to work and get back to fighting so they can continue their careers.  So I’d say the transition has been going well.

What about any fighters who might have been hoping to get free of their Pro Elite contracts and sign with the UFC?

I’ve only had that conversation with one fighter.  And we’ve had two or three conversations with that fighter since, and now I think they may be feeling a different way than they were before.  And I can understand the frustration that a lot of these fighters are feeling, because they’ve been out of work for a while.  Not everybody fought on the last show in October.  Some of them haven’t fought since June or July of last year.  

We dealt with that frustration at the very beginning and we understood where it was coming from, but a lot of these guys I’ve known for a long time, their managers are friends of mine, so I think the ice has all been broken.  And the fighter who was originally looking to go to the UFC is now saying, ‘Do you think I could fight by May?’  So I think they see what we’re doing and it’s going to be okay.

 
So I guess they’re stopping short of calling it an actual sale of the company, but according to Josh Gross it has been confirmed that Pro Elite and Strikeforce have finalized a transaction for an asset purchase. Here are the details, as of now:

If we had to guess, we’d say "run them directly into the ground," but we’re cynical like that. FiveOuncesofPain adds this important bit:

More to come…

(Everybody with talent, get on the bus to San Jose! Not so fast, Skala. Photo courtesy of NapkinNights.)

Keep your fingers crossed, because the EliteXC fighters whose contracts have been in limbo since late October — and who have been legally barred from competing for functioning organizations — may be free to move on with their careers. We were first alerted to the news by Mad Xyientist on the UG, who listens to Sherdog Radio so we don’t have to:

BloodyElbow follows this up with more details:

A lot has been said about Scott Coker’s incredible business sense, and how he’s been able to build what’s basically a regional outfit into a legitimately profitable operation that still manages to pay its fighters well, all while miraculously staying on Dana White’s good side. And yet we’re still shocked that Strikeforce has enough cash on hand to purchase as large a property as Pro Elite. Or maybe they’re just assuming some of Pro Elite’s sizable debt, and no actual money is switching hands. We’ll let you know when more details emerge. But for now, it seems like Gina Carano, Jake Shields, Robbie Lawler and the rest are one step closer to working again, and that’s great news.

(Oh yeah, Cyborg will definitely fall for that one.)

Reporting on the possibility of a match (someday, somewhere) between Gina Carano and Cris Cyborg, Sherdog’s Loretta Hunt shared this bit of informed speculation:

As of today, I’ve ascertained enough information to confidently say that an eleventh hour effort is afoot to resurrect Pro Elite. I’m told this new regime includes a mix of a new investor(s) and some of Pro Elite’s old guard, and they have submitted a bid to CBS to take over the promising contract left dormant after the Los Angeles promotion closed its doors in late October. Carano and Santos’ contracts — not to mention those of Elite champions Robbie Lawler and Jake Shields among others — could be legally bound to this reincarnated unit.

As long as the "old guard" in question doesn’t include Jeremy Lappen or anybody named Shaw, this could turn out to be good news. Say what you want about EliteXC’s former scumminess, but the sport needs a high-profile venue outside of the UFC, particularly one with network television coverage. The question is, can anybody run it correctly? MMA Junkie adds to the story, suggesting that ProElite’s assets could be purchased within the next few weeks by a familiar name:

(You didn’t buy that plane ticket for Japan yet, did you?)

Five Ounces of Pain reports that Pro Elite could be very close to a sale of the company that might potentially revive MMA on CBS and Showtime, while at the same time putting the kibosh on the free agency plans of EliteXC fighters.  Apparently it’s down to three potential buyers, one of which is being led by King of the Cage promoter Terry Trebilcock (guess that Booyaa Fightwear ban makes a little more sense now, eh?), though the identities of the other suitors are still a mystery.  

The most likely buyer at this point is described only as “a company with over a billion dollars in annual gross revenue that also is a recognizable name.”

Just shooting in the dark here, but I’m going to say it’s Starbucks.  I heard they want to release a new specialty drink, the Kimboccino Latte.  It costs half a million dollars, but man does it ever go down easy. (Zing!)

Pro Elite is reportedly hoping to make the sale before Christmas, and if they do there’s a strong possibility that a new owner could round everyone up and successfully resurrect the relationship with CBS to get events on network TV again in 2009.  What does that mean for a fighter like Jake Shields, who seemed all but certain that he was bound for the UFC? 

It means that just when you think you’re out, they pull you back in.

(When in Zagreb…)

Maybe now we know why Mirko “Cro Cop” Filipovic has been reluctant to accept a rematch with Alistair Oveerem.  Sure, he’s got that knee injury, and Overeem is the man who made it his personal mission to destroy Cro Cop’s testicles in their last meeting, but to add to his troubles Cro Cop recently lost his favorite cocaine-addicted sparring partner to an armed robbery arrest.  That always happens at the worst times, doesn’t it?

According to a translation done by Robert at betwxx (via Brawl Sports), Mirko Borkovic (aw, cute, same first name!) was arrested in Zagreb as a “serial armed robber.”  He’s charged with robbing twenty-five “betting agencies,” making off with over 250,000 Croation Kuna, a little over $45,000 in U.S. dollars. 

Don’t worry though, it was just to finance his cocaine addiction, so it’s not like he’s a scumbag or anything.  Apparently he did some time for possession in 2003, and said he used the drug as a performance-enhancer to aid his kickboxing training.  My ex-girlfriend tried that same story.  Six months into the relationship I realized she didn’t even have a gym membership.  Or a job.  And then I noticed my wallet was missing.  But I digress.

Also snuck into the report is this little nugget about Cro Cop’s other associations these days:

Only a month earlier Cro Cop was forced to deny having sparred with Robert Matanic a local crime figure and suspect in the murder of Ivo Pukanica. In a interview with Nova TV, Cro Cop disassociated himself from Matanic claiming not to ever have met or sparred with Matanic.

In Cro Cop’s defense, roughly 80% of Croatians are involved in organized crime.  You spar with enough people, eventually one of them is going to be a suspected murderer.  Just kidding, Croatian readers.  Please don’t murder me.

In other news…

(You do not want to mess with this man. Photo courtesy of CombatLifestyle via myspace.com/kenpavia.)

Led by the always-outspoken Ken Pavia, a group of high-profile MMA agents have joined forces to block their fighters from being sold to the highest bidder during Showtime’s planned auction of Pro Elite’s corporate assets on November 17th. From a new press release drafted by the Pav, and signed by Monte Cox, Ed Soares, and Cesar Gracie, among others:

Individually we consummated promotional agreements with Pro Elite. These agreements were made based on a multiplicity of factors including but not limited to relationships with certain Pro Elite personnel, venues, television exposure, jurisdictional concerns, public relations support, and numerous other intangibles. These considerations are not readily transferable…

We intend to fight the lawful ability to transfer these assets, and as we believe these are personal services contracts, we do not believe there is an obligation to perform if transferred. With pooled resources we are prepared to fight this issue.

The unity of this effort is unprecedented and the message that is being sent is clear. Absent significant pre-established negotiated terms, do not bid on these contracts unless you are prepared to fight the challenge to their legality. It is our intention to honor our commitment to Pro Elite, but if Pro Elite is not able to perform in accordance with the contractual terms, the fighters should be granted unrestricted free agency with the unfettered ability to enter the marketplace.

It’s good to see business rivals uniting for the rights of their fighters, especially when they haven’t always been civil towards each other in the past. Hopefully Showtime will get the message that some of these “assets” they plan on auctioning actually represent the livelihoods of human beings.

(GSP is not impressed. Props: MMA Mania.)

- Is Shonie Carter trapped in a foreign land? (Fightlinker)

- Talking WEC meltdown, Pro Elite antics, and more on internet radio. (MMA Rated)

- Matt Hughes is not a white supremacist. (Bloody Elbow)

- Randy Couture scoffs at your insults. (Las Vegas Sun)

- Gina Carano and “Cyborg” Santos to sign together as package deal? (Fighters Only)

- Gomi reloading to headline Sengoku 7. (MMA Junkie)

- Mike Massenzio looking to use CB Dollaway as a stepping stone. (Fight Hype)

- The 10 best bourbons you’ve never heard of. (Holy Taco)

- How the iPhone beat the Blackberry. (Wall Street Fighter)

- Milla Jovovich to play alcoholic stripper…finally. (Screen Junkies)

- Dry ice bomb owns dad. (Nothing Toxic)

(He’s officially gone from douchebag promoter to just a douchebag.)

The charade of EliteXC’s plan to hold an event in 2009 was hit with a reality check this week. According to a letter sent to MMA Payout by the California State Athletic Commission’s Armando Garcia:

Pro Elite/Elite XC’s and King of the Cage’s licenses are suspended. They were suspended yesterday, when after looking into the matter carefully the exact situation was determined. However, it is not due to any type of contracts…

The primary reason that Pro Elite/Elite XC’s and King of the Cage’s licenses have been placed on suspension is because of their financial states and the fact that Pro Elite, the owner of King of the Cage, has suspended operations and their tangible and intangible assets are being auctioned on November 17.

Hypothetically, if the auction goes through and one or more entities purchase either or both of these companies they would have to go through the licensing process. In other words, whatever it is that is being auctioned is not their California licenses.

Garcia also stated that the CSAC has no control over EliteXC’s fighter contracts, and “to have these types of contracts declared void the party (ies) would need to file a civil lawsuit in the appropriate court.” Which is unfortunate because Pro Elite isn’t giving those contracts up without a long, pointless, completely infuriating fight.

(Anyone want to buy a Kimbo?)

The date is set for the auction of Pro Elite’s assets. On November 17, everything that isn’t nailed down, and probably a bunch of stuff that is, will all be sold to the highest bidder. According to the notice of sale, fighter contracts are just part of what’s on the auction block:

The Collateral includes all contracts between any Debtor and mixed martial arts fighters (including, but not limited to, Kevin Ferguson a.k.a. “Kimbo Slice”, Gina Carano, Jake Shields, Robbie Lawler, Frank Shamrock, Antonio Silva, Brett Rogers, Dave Herman, Scott Smith, Nick Diaz, Cristiane Venancio Justino a.k.a. “Chris Cyborg”, Eddie Alvarez, Yves Edwards and Wilson Reis) and all of each Debtor’s video library, still photographs and home videos (e.g., DVDs and VHS tapes).

VHS tapes?! Say no more.

Is it me, or is there something creepy about the idea of selling fighters at auction? I can’t help but picture poor “Cyborg” Santos standing up there while sweaty-palmed promoters and fetish pornographers bid for her services, all while she struggles to understand what’s going on. You add Frank Shamrock and Kimbo Slice into that scenario and it begins to feel like a nightmare you have after overdosing on cold medicine.

(Surely Kimbo’s brilliant legal council will find a way out of this mess.)

Remember when Pro Elite ceased operations and filed for bankruptcy? Well, turns out they didn’t. At least that’s their story now. As fighters still under contract with them have been filing notices to get free, Pro Elite has responded by informing those fighters that the company has not declared bankruptcy and that it intends to stage an event in 2009.

A notice sent out to several managers representing Pro Elite fighters states:

“Elite XC and ProElite are currently downsizing its staff in an effort to improve its business moving forward. As this process is implemented, Elite XC cancelled the event previously scheduled for Nov. 8 in attempt to re-schedule another event in early 2009.”

That’s funny, because if I was running an MMA company that was merely downsizing but which intended to continue promoting events, and suddenly there were widespread reports that my company was filing for bankruptcy, I think I might say something to contradict that right away. I might, for example, immediately issue a statement declaring my intention not to just roll over and die. I might even call the people who had circulated those reports a bunch of lying sons of bitches. What I would not do is say nothing at all until fighters started trying to get free of their contracts, and only then come up with an obviously bullshit reason for not releasing them.

As you might expect, no one is buying this explanation.

(‘Sometimes I think there’s a disconnect between how I see myself and how the world perceives me to be.’)

From the sound of things, being a fighter under contract to EliteXC these days is a lot like being in a long distance relationship. You never know exactly what your status is, whether you’re free to make out with other people in bars, whether you’re still getting together over Thanksgiving, and what little contact you do have with one another is always tinged with confusion and regret. Fortunately for EliteXC middleweight champ Robbie Lawler, he has Monte Cox for an agent, and Monte knows just what to do in this situation: write a break-up letter.

Cox filed a breach of contract notice with Pro Elite last week, hoping to get Lawler free and clear of the sinking EliteXC ship so Lawler can ply his trade elsewhere, perhaps in the UFC:

“There’s a warranty clause in the contract that you can challenge if they have enough money to fulfill the contract,” Cox said. “Obviously, right now, they do not. I notified them of what I considered to be breach of contract and they have 30 days to respond. They have to prove they can fulfill it or we’re a free agent.”

[...]

“We’ve done everything we can do,” said Cox. “Now, they may fight [the claim of breach of contract], but we can’t do anything at the moment. Right now, there’s no one at Elite to even talk to us. If I wanted to ask, there’s nobody there.”

(Don’t expect to see these two fight for a looooooong time.)

— Golden Boy no longer plans to hold hybrid boxing/MMA cards with Affliction. As Golden Boy CEO Richard Schaefer explained the change-of-heart to ESPN.com, “We want to get to know the MMA market better and truly evaluate if there are synergies between the two sports. We are planning to do some focus groups where we will ask boxing and MMA fans how they would feel about it. Once we get the results of that, then we’ll be in a much better position to decide which strategy to apply.” Affliction’s MMA-only fight card on January 24th will still be co-promoted by Golden Boy.

— Though EliteXC’s fighters are currently in legal limbo because their contracts may be considered company assets in bankruptcy court, the regional promotions that Pro Elite swallowed up over the last two years could be immediately free to operate again. As Dave Meltzer reports:

Most deals [with Pro Elite] included putting the former owners under contract as executive consultants (and then not listening to them), giving them some cash as well as company stock, at the time worth millions and now worth almost nothing. The deals were structured as such that if Pro Elite went bankrupt, all could go back to promoting using the names they developed. King of the Cage, which was the only group profitable underneath the Pro Elite banner, is expected to continue running events as soon as possible. Cage Rage, a U.K. based group whose losses were so staggering they greatly sped up the demise of Pro Elite, is likely not to last much longer.

(‘Hey, just because the company has gone under that doesn’t mean we can’t still hang out, right big guy?’ Photo courtesy of Esther Lin.)

If you’re wondering why we haven’t heard from Jared Shaw (aka: “little rapper kid”) since the collapse of Pro Elite, there’s a good reason. $kala has not been heard from because $kala does not want to be heard from. He has retreated from the media spotlight, as our friends at MMA Rated learned when they attempted to get him on the phone and instead got this outgoing voicemail message:

“This is the voicemail of Jared ‘Skala’ Shaw. Leave me a message and I will return it at my earliest opportunity. If this is a member of the media, I will not be returning your call. I’m sorry. Namaste.”

Seriously, Jared? Namaste? Does that mean you won’t return calls because you have a yoga class to get to?

Not that I blame $kala for not wanting to talk to the media right now, but it is something of a chickenshit move. Maybe it’s because he knows he doesn’t have any good answers to give. Maybe it’s because he doesn’t want to hear the inevitable questions about what role his cageside freakout might have played in the whole ordeal, and whether Pro Elite was truly forced to keep him on in order to get his father out. Who knows.

What we do know is that not returning calls isn’t going to keep people from talking about you, so wouldn’t you at least like a chance to give your perspective? Who would have thought that this is how Jared Shaw would go out. Freaking Namaste.

Dana White’s Video Blog 10/21/08 – Watch more free videos

Some people say it’s as important to be a gracious winner as it is to be a gracious loser. Those people are fucking pussies. Dana White knows what’s best in life: crushing your enemies, seeing them bankrupted before you, and hearing the lamentations of Jared Shaw. That’s why he has zero problem with not only tap-dancing, but also urinating on the grave of EliteXC in this video.

Seriously, no one can hate like Dana White hates. His enthusiasm for the misfortune of others is truly unrivaled. He doesn’t even mention UFC 90 until almost four minutes into this video, that’s how much fun he’s having kicking Pro Elite while it’s down and rehashing other old grievances that are mostly meaningless to everyone else. What a joyous day.

Unrelated but important: Old, Bald and Irish’s Epic Fail Contest ended with OB&I getting eye-poked and choked out and Polish winning a “Hall of Fame” t-shirt. Polish, e-mail your address and size to feedback@cagepotato.com. The rest of you can read more about this craziness in the CagePotato forums.

(Well, it was fun while it lasted. Photo courtesy of Esther Lin.)

Multiple MMA news outlets are reporting that due to its insurmountable debt and failure to find a buyer or major funding, EliteXC will go out of business this week, and their Showtime event scheduled for next month has already been canceled. From Sherdog:

Joey Villasenor, who was slated to challenge Robbie Lawler for the EliteXC middleweight crown in Reno, was informed of the show’s cancellation Monday evening.

[Icon Sport founder] TJ Thompson, a Pro Elite executive, said he’d been informed Monday morning by the company that it was closing its doors for good this week and that bankruptcy paperwork had already been filed…

A notice posted Monday evening at graciefighter.com read, “We are confirming that EliteXC has folded. What this means for our fans and supporters is that there will not be a Nick Diaz vs. Eddie Alvarez fight on November 8th.”

In an interview with MMA Weekly, Thompson said that Showtime’s rumored deal to buy EliteXC was sunk by the controversy of their last event — and the controversy was more than warranted:

“I think (CBS) got cold feet watching. The way the Ken Shamrock pullout was handled, all the way from the beginning to the end with Seth Petruzelli. Watching Jared Shaw jumping up and down and screaming as a representative of the company, I think was disgusting and embarrassing…

I don’t have a smoking gun, (but) I’ve been around long enough, I’ve talked to enough people that were there, I won’t name names of executives in the company that I know — Seth was paid to stand up. I’m confident of that. If the commission wants to talk to me, I’ll tell them what I know.”

(Scott: “Come on gang, we gotta raise $55 million to save EliteXC! But…how?”
Gina: “Bikini car wash!”
Robbie: “Pirate treasure hunt!”
Kimbo: “Robbin’ ni**as!”)

Sherdog reports that Showtime Networks filed public notice with the U.S. Securities and Exchange Commission yesterday, announcing their intention to negotiate for the purchase of Pro Elite Inc. Showtime, a subsidiary of CBS Corporation, already has a 20% ownership stake in the L.A.-based MMA organization.

What makes the sale likely is how broke-ass Pro Elite is at this point. It’s already been widely reported that the company racked up $55 million in debt during its two years of operation, and to make matters worse, Pro Elite is struggling to obtain enough capital to operate in the short term. According to a new SEC filing, the company has been hustling for $3.5 million in financing, and their failure to secure it in the immediate future “[would] have a material adverse effect on the Company’s liquidity and capital resources and ability to continue as a going concern.” And guess what:

The Company no longer believes that a successful closing of the $3.5 million secured debt (with a funded amount of $3.0 million) will occur. Although the Company has received $1 million pursuant to the Note [ed. note: this refers to a loan made to Pro Elite by Showtime]…the $1 million funding defers such consequences only for a brief period of time while the Company continues to evaluate its options on how to respond to its severe liquidity problem.

Known most for its EliteXC and ShoXC brands, Pro Elite has also acquired such mid-level outfits as King of the Cage, Icon Sport, Rumble on the Rock, and Cage Rage over the last two years — meaning that it would be a powerful asset in the hands of the right manager. And who’s the Showtime exec who would be qualified to run it all? Well, that’s the $55 million question. More to come…

I don’t know why I was so discouraged to hear that Elite XC had decided to match Kimbo Slice against Ken Shamrock, with a Brett Rogers option reserved for some possible version of the future. I should have expected this. I guess I’m just too much of an optimist. I thought Elite XC might try for a competitive, somewhat meaningful fight instead. I’ll never learn.

It’s not that I don’t understand what Elite XC is thinking. If anything, that part is all too obvious. They want a name to put on the marquee next to Kimbo’s. Someone with drawing power, yes, but not someone who stands a good chance of winning. Preferably, they’d also like the next Kimbo victim to be susceptible to knockout. So they called on Shamrock, an over-the-hill legend who has been getting KO’d by a list of fighters that starts out fairly impressive and then gets less and less so as we near the present. He’s perfect, given their priorities, but that only tells us how screwed up their priorities are.

But it’s not just Shamrock-Slice. Look at another high profile Elite XC fighter, Gina Carano. Instead of matching her up against “Cyborg” Santos — a fight they were already hyping by the end of Santos’ victory at “Unfinished Business” — they’ve decided to put Carano up against Kelly Kobald, who’s coming off two straight losses. They’re not even bothering to try and come up with a compelling explanation for it, just ask Pro Elite CEO Chuck Champion:

“It’s giving both an opportunity to further develop their fan bases and develop further excitement around the potential of them coming together,” Chuck Champion, CEO of ProElite, which runs the EliteXC brand, told MMAjunkie.com (www.mmajunkie.com). “If Chris destroys another opponent, people are really going to be clamoring, especially if Gina gets in and clobbers hers. It’s just really about letting the fighters develop, letting them grow in their skills and their character development in order for them to eventually meet one another.”

In other words, they’d rather string us along with a few squash matches first. The fact that they aren’t even intended to be competitive, that doesn’t seem to bother Elite XC. And that’s what’s really disappointing.

(Up next: a real fight, or a shameless hype match?)

What do you do if you’re Pro Elite and you want to distract people from the bad news regarding event cancellations and concerns that you’re on the verge of going under? You find a way to get Kimbo Slice back in the news. That may be why Elite XC is planning to announce Slice’s opponent for the October 4 event on CBS some time at the end of this week or early next week.

Eite XC representatives supposedly said that the organization is considering three possible opponents for Slice, two of which are “big names” within MMA circles. Since Brett Rogers is probably not considered a big name to anyone other than hardcore fans who want to see him test Slice, it’s fair to assume that the other two names belong to older, past-their-prime fighters.

Ken Shamrock has been rumored as a possible opponent for Kimbo, as has Don Frye. We’d like to dismiss that as idle chatter, if only it didn’t sound so much like something Elite XC would do. Brett Rogers has very cleverly put Elite XC in a position where they almost have to give him Kimbo, or at least they have to if they want to have a chance at Kimbo being taken seriously as a fighter on the rise.

Since that seems low on their list of priorities, the only thing stopping them from tossing an aged and battered Shamrock in there is probably availability and/or price. Fortunately for MMA fans, that may be enough to make the Slice-Rogers fight happen.

In other Pro Elite-related news, the brief stock price explosion is now over. The stock fell from $8.00 to $2.75 on Monday, still a small improvement from the $2.50 mark where it jumped up from on Friday. Hope you sold your shares when you had the chance. And by shares we mean that old Camaro that’s on blocks in your front lawn. And by sold we mean had it towed away before those raccoons made it into a permanent home.

(Props: MMAScraps.com)

As mentioned on Saturday, Jared Hamman avenged his questionable-stoppage loss to Po’ai Suganuma in the main event of Friday night’s ShoXC card. For those of you who missed the fight, it was a wild one, with Suganuma “all over Jared Hamman like a bad rash” in the fight’s opening minutes before Hamman chopped the Hawaiian down with a series of punches midway through the first round; the video is above.

Related: We’d previously wondered what was up with Pro Elite’s recent strange behavior; though they’ve canceled two upcoming events, Sam Caplan at FiveOuncesofPain reports that the company is not on the verge of collapse. If you’re interested in Pro Elite’s current financial situation and how they might improve their condition in the future (and if you have some time to kill), we suggest you read Caplan’s full analysis here.

(ShoXC weigh-ins become an impromptu beach party. Photo courtesy of Combat Lifestyle.)

Last night’s ShoXC card from Fresno, Calif. had its share of interesting bouts, but the big news coming out of the Pro Elite camp is that the company has canceled another show, this time in the form of one its smaller confederates across the pond. Contenders 11, scheduled to take place in the UK today, has been called off. Five Ounces of Pain also reports that Cage Rage — another Pro Elite organization — has suffered a rash of layoffs and is down to only three employees. Somehow during all of this, the Pro Elite stock price jumped from $2.50 to $8.00 a share on Friday, even amid reports that they were canceling their September 20 event. As they say on the internet, WTF!?!

Something is going on with Pro Elite, no doubt, but what? Could it be that Pro Elite executives have discovered oil underneath the grounds where their offices lie, and now they’re going to quit putting on MMA shows altogether and move their families to big mansions in Beverly Hills, complete with indoor plumbing and cement ponds? There is very little evidence for this hypothesis at the moment, but we’re going to go ahead and say yes, this is precisely what is happening. You heard it here first.

As for last night’s show, yeah, well, here you go:

Jared Hamman def. Po’ai Suganuma via TKO (strikes) at 2:34 of round 1
Fabricio Camoes def. Sammy Morgan via submission (rear naked choke) at 0:47 of round 1
Cyrille Dibate def. Jaime Fletcher via unanimous decision
Rosi Sexton def. Debi Purcell via split decision
Ray Lizama def. Keith Berry via TKO (strikes) at 2:15 of round 2
Katrina Alendale def. Melanie La’Croix via unanimous decision
Roberto Vargas def. Ralph Lopez via split decision
Jesse Brock def. Josh Rave via unanimous decision
Lucas Gumaza def. Kenny Johnson via split decision
David “Tarzan” Douglas def. William Jacobson via TKO (corner stoppage) at 1:12 of round 1

Paul “Semtex” Daley is as talented a fighter as he is mercurial a personality, so it should be no surprise that he manages to court some controversy even while he can’t decide whether he wants to retire or fight. The British welterweight has oscillated between the two in recent months, but came back to easily dispatch Bojan Kosednar in Cage Warriors this weekend.

Apparently, Pro Elite (which has a contract with Daley) was unhappy about the situation and tried to get Daley to agree to a fight on Elite XC’s July 26 show in Stockton, Ca. The problem is that Daley says they offered him a fight with Rory Markham, the ex-IFL slugger who is fighting on the UFC’s July 19 show. Confused yet? Good. Let’s see if Daley can sort it out for us:

“They [Pro Elite] did offer me a fight on the July 26th card against Rory Markham, who we all know has signed with the UFC, so I thought it was a ploy to stop me fighting on Cage Warriors. I felt that if I had accepted the fight, they would have just cancelled on me.”

“A lot of other guys had fought twice in the same month for two different promotions, a non-Pro Elite and then a Pro Elite event – I said look, I’ll fight July 12th and I’ll fight July 26th, not a problem. I feel confident in this fight and all being well I would get out uninjured and with a victory and I’d fly straight to America. They didn’t want to hear any of that.”

“If I had been Nick Diaz, it wouldn’t have been a problem. The guy smokes weed, starts riots on TV, doesn’t make weight, fights whoever the fuck he wants, and there’s no problem there. It’s a bit of a piss-take really.”

Oh man, he just said something about Nick Diaz that could accurately be described as negative. That’s the MMA equivalent of saying “Beetlejuice” three times. You just know Diaz is going to pop up out of nowhere with a semi-intelligible response any minute now.

(CBS primetime star, Kimbo Slice.)

A few more details have dropped about the EliteXC/CBS marriage, although you should consult a finance guy and an attorney to explain it to you. Luckily, I do both of those as side jobs so I will lay it out proper. MMAPayout has a solid breakdown of the deal, but there are still some things we haven’t been provided with yet and a lot remains murky at best. The details we do have come from the SEC filing by Pro Elite for the agreement. If you’re in need of good bathroom reading material, print off the SEC filing and enjoy.

MMAPayout had originally suggested the agreement was not a rights fee arrangement, but a time buy. CBS and Pro Elite both shot down that notion. The SEC filing says that CBS will pay a rights fee. Check it:

According to the filing, CBS has the right to order up to four two-hour events during the first year of the agreement. Under the terms of the agreement, CBS was also granted four consecutive annual renewal options. CBS also has the rights to order derivative programs based on the events, in a possible nod to the long rumored Mark Burnett produced EXC reality series featuring Hershel Walker and Jose Canseco.

I told you “What Would Kimbo Do?” would find its way onto CBS’s Saturday morning kiddie programming. With the explosion in MMA’s popularity and now jumping over to network primetime, derivative programming could mean a lot of things so it’s hard to speculate what that could be. Unfortunately, “Survivor: EliteXC”, isn’t out of the realm of possibilities.