Agents Attempting to Block Showtime Auction

Originally posted on MMAonTap.com

Just like ProElite itself, multiple mixed martial arts agents are coming together to attempt to block a public auction announced for November 17 in which Showtime Networks will attempt to sell off the remaining assets of ProElite and everything under its banner in order to repay two defaulted promissory notes for $4 million that Showtime lent to ProElite over the last year.

Ken Pavia, who represents a slew of notable names in the world of MMA, has teamed up with the likes of Ed Soares, Monte Cox, and Cesar Gracie and issued a formal press release indicating that they are all prepared to challenge whoever purchases the contracts of their fighters in court.

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