The story of ProElite’s demise doesn’t know which way it wants to go. First, they ran out of money and their lifeline decided to dump them. They’re supposedly filing for bankruptcy, except they don’t. Then, several fighters file for breach of contract to which ProElite responds with, “we’re running events in 2009.” Showtime is pissed because ProElite owes them a ton of money, so they file to hold a public auction to sell off all of ProElite’s assets, including fighter contracts, to recoup as much money as possible. ProElite says Showtime can’t do that and threatens to file a lawsuit to block the sale. Meanwhile, fighters’ agents are pulling out the laterns and pitchforks.
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