Tuesday, October 21, 2008

Say It Ain't So, Kimbo

More from the world of mixed martial arts (MMA). The Elite XC, home to internet fighting sensation Kimbo Slice, has submitted, folding under the weight of huge debts. The fledgling MMA league lost $55 million in its rollercoaster 2 years and will likely declare bankruptcy. When and where Kimbo Slice will fight next is an open question.

This on the heels of an investigation by the Florida Department of Business and Professional Regulations into whether fighter Seth Petruzelli was incentivized to fight Kimbo on his feet and not take the fight to the ground. Petruzelli had made suggestive remarks on the fight, "They didn't want me to take him down, let's just put it that way. It was worth my while to try and stand up and punch with him." He later clarified that he was referring to a "knockout bonus", which is legal, and not to inappropriate influence from promoters.

We have previously discussed the difficulties in competing with the UFC and the reasons for the UFC's stunning success.

(image credit: cagepotato.com)