MMAPayout.com has learned that the California State Athletic Commission has released King of the Cage’s promoter’s license from suspension.
MMAPayout.com first reported the suspension of ProElite and King of the Cage’s licenses on November 6. At that time CSAC Executive Director Armando Garcia told MMAPayout.com that “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.”
Shortly after this decision, Garcia resigned from the commission.
MMAPayout.com will bring you more details on the situation as they become available.