Tuesday, November 18, 2008

MMA Agents remain United

Originally posted on MMAmania.com

Former Elite XC Welterweight Champion Jake Shields is just one of the many fighters who are looking to free themselves from their contracts with the now defunct Pro Elite.

Showtime Networks Inc. — who partnered with Pro Elite to air over 14 Elite XC events over the last two years — planned on auctioning off the remaining assets from the promotion in an attempt to recover nearly $6 million in defaulted loans. Among the main items listed at the auction were the contracts for guys like Jake Shields and a number of other top mixed martial artists.

A team of managers and agents from the MMA world, including Ken Pavia, Monte Cox, Cesar Gracie and others banded together shortly thereafter to ensure these fighters futures weren’t just auctioned off to the highest bidder.

The auction, which was scheduled for today, was called off by Showtime Networks only a few short days ago. However, the futures of all those contracted fighters are still up in the air and nobody really knows what’s going to happen next.

Click here to read the entire article at MMAmania.com



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