In an email sent today by IFL Senior Vice President of Communications Joe Favorito, he confirmed that the IFL is shutting down. While nothing has been officially announced, it is widely believed that Zuffa, parent company of the UFC, has already or is in the process of acquiring the IFL’s assets.
The message from Favorito:
I apologize for this mass email but I wanted to take a second to let you know that as of July 31 my role at the IFL will be no more as the company goes into its final stage of being sold and/or closed down. We are very proud of what we did here in just over two years, building a brand from nothing into something that people in the industry and outside of the industry actually noticed, and I enjoyed working with so many different people and helped tell some great stories. At the end of the day sometimes the finances don’t make sense, but it certainly wasn’t for lack of trying. The good news is I think we have gotten all our good junior people placed in some great spots, so we are pretty proud of that. Even our interns landed in good places.
While, in the end, the IFL didn’t make it, there were still good things that came from it. Many fighters made a name for themselves in the organization—Ben Rothwell, Roy Nelson, Chris Horodecki, Rory Markham, and Wagney Fabiano to name a few—that otherwise may not have had the same opportunities. Countless mistakes were made to learn from. And despite the dismal ratings, the IFL did produce a few entertaining events.
This industry can be brutal.