ProElite Finished; CBS-Affliction?
October 20, 2008
After a proposed sale to CBS fell through, ProElite will officially be out of business later this week according to a report by Dave Meltzer on F4WOnline.com. CBS reportedly may continue in MMA, with speculation centering on a possible partnership with Affliction. The report follows rumors since late last week that the presumptive CBS deal was in trouble.
Multiple sources told MMAPayout.com in the week leading up to the 10/4 event that the deal was all but complete with the paper work already drafted. There were even preliminary conversations regarding the return of Gary Shaw to the equation. The deal ultimately collapsed under the weight of Standgate and possibly CBS’s financial condition.
