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Old 06-24-2008, 03:50 PM   #1 (permalink)
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Gary Shaw being ousted from Pro Elite?

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Originally Posted by BLOODYELBOW
Speculation within the MMA industry suggests that Gary Shaw's days at ProElite may be numbered. Rumors suggest that Shaw may be out by the end of the summer, possibly soon after the July 26 CBS event. Multiple sources have told MMAPayout.com that the expected move is another example of CBS's growing influence on the company. Santa Monica Capital Partners, the largest shareholder in the company, is also believed to have taken a more active role in the company of late.

Under terms of its deal with ProElite, CBS is entitled to purchase 500,000 shares of stock in the company each time it broadcasts a show on CBS. Based on those options and warrrants already exercised in conjunction with the CBS and Showtime deals, CBS Corporation is believed to be the second largest shareholder in the company.

Earlier this year, Doug DeLuca was "promoted" from CEO to Chairman of the Board in favor of Charles Champion. That move was reportedly also at the behest of CBS and Santa Monica Partners. CBS also fast tracked EliteXC's return to network television to July (as opposed to the October date preferred by ProElite) after reportedly selling out its commercial inventory for the 5/31 show.
Source: http://www.bloodyelbow.com/2008/6/24...usted-from-pro

What do you guys think of this? I honestly don't know right now but a positive out of this is that we won't have to hear Gary run his mouth anymore about Kimbo.
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Old 06-24-2008, 06:56 PM   #2 (permalink)
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This is awesome! Shaw is the only thing wrong with EXC imo.

Bye bye Kimbo! lol.
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Old 06-24-2008, 07:56 PM   #3 (permalink)
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Theoretically ProElite can prevent CBS from expanding it's influence through stock by splitting the stocks, but I doubt that would happen. I'm not sure about Shaw one way or the other but I think a major network taking controlling interest in an MMA organization can only be good for the sport so long as they remember that it is a legitimate sport not entertainment.
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Old 06-24-2008, 08:25 PM   #4 (permalink)
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I'll only get exited about this when we know how might replace Gary Shaw. I think Gary Shaw is bad for MMA but there are worse. He could be replaced by an even bigger Kimbo fan who think they need more strippers between the rounds. Let's just hope we don't one day miss the "Gary Shaw" years of Elite XC. But overall I think this will probabbly be good for Elite.
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Old 06-24-2008, 08:41 PM   #5 (permalink)
 
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Let's just hope we don't one day miss the "Gary Shaw" years of Elite XC. But overall I think this will probabbly be good for Elite.
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Old 06-24-2008, 08:45 PM   #6 (permalink)
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Good, now we can finally get Jerry Millen in there.


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Old 06-25-2008, 10:02 PM   #7 (permalink)
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wow im surprised there are not 200 posts by now on this topic. I guess everyone already know how we feel about him.
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Old 06-25-2008, 10:28 PM   #8 (permalink)
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This rumor has been around for a year, which leads me to think that is exactly what it is ... a rumor.
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Old 06-25-2008, 11:05 PM   #9 (permalink)
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this is the first i heard of it. And the fact the CBS is pushing for it, me thinks its not a rumor
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Old 06-25-2008, 11:29 PM   #10 (permalink)
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Quote:
Originally Posted by stitch1z View Post
This is awesome! Shaw is the only thing wrong with EXC imo.

Bye bye Kimbo! lol.
Bye bye Kimbo = Bye bye ratings, love it or hate it, Kimbo brings in the viewers. You can hate on Kimbo all you want, but the guy fills seats.
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