IFL Deathwatch: August Event Cancelled
Press release from the IFL:
INTERNATIONAL FIGHT LEAGUE DECIDES AGAINST AUGUST 15 EVENT IN NEW JERSEY
Organization Working On Financial Situation
NEW YORK, June 10, 2008: The International Fight League today announced that it has canceled its scheduled August 15 event at the Izod Center in East Rutherford, New Jersey, in light of the company's current financial condition. IFL continues to explore options for maximizing shareholder value. However, if the IFL is unable to successfully leverage any of those options, the company may seek protection from its creditors through a court proceeding.
The IFL is working with other top MMA organizations to keep its top fighters active in the sport and showcase their talent, while it pursues options that may enable it to continue its MMA operations. Several IFL athletes will compete on the Adrenaline MMA card in Chicago on June 14, and announcements with other promoters working with IFL athletes are expected in the near future. The IFL will also continue to downsize its staff to reduce costs.
Essentially they're becoming vapor ware, their only assets are a bunch of fighters under contract that they can rent out to other promotions. Already many of their best fighters have jumped ship so its just a matter of winding down the clock on a really bad idea that was poorly executed. Lots and lots of money was wasted in the process, too.
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6 comments
Comments
Bye Bye, IFL.
The few IFL shows that I’ve seen have been very entertaining, but they just aren’t getting the publicity they need to survive. They don’t even show the program on any stations where I live anymore. I’d like to see Horodecki in the UFC. He’s an exciting “next generation” fighter, and I think he could shake things up at lightweight. I think Jay Hieron could also give some competition to the 170 division.
by Cmad77 on Jun 10, 2008 5:29 PM EDT reply actions 0 recs
there's no doubt
that they’ve got lots of talented fighters, but its time for them to move on to greener pastures.
by Kid Nate on Jun 10, 2008 5:36 PM EDT up reply actions 0 recs
Ryan Schultz
Don’t overlook the lightweight champ over there, Ryan “The Lion” Schultz, who stopped Horodecki with a nasty series of unanswered strikes to the face while Schultz had Horodecki’s arms pinned down. He’s very exciting as well.
by Kierkegaard on Jun 11, 2008 11:50 AM EDT up reply actions 0 recs
It’s like they have both arms and legs broken and just won’t tap out.
by Chris Nelson on Jun 10, 2008 5:39 PM EDT reply actions 0 recs
Well that sucks...
I mean I knew it was coming sooner or later but damn…they actually put on some really good events.
I think had they started with the format they have now (camp vs. camp) instead of the team point system with the cheesy mascots they would’ve done better.
by Tonley on Jun 10, 2008 6:04 PM EDT reply actions 0 recs
Two lessons
MMA is not a team sport.
It should be fought in a cage, not a ring.
by thetakeover on Jun 10, 2008 6:14 PM EDT reply actions 0 recs

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