From IFL Senior VP, Joe 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.

In the end, not every business venture can thrive. We all know why the IFL failed, so there is no point in rehashing that now. But I will always acknowledge that the IFL did, by and large, treat the fighters, fans and media very well. They produced some great action and memorable moments. I suspect others will learn from the example they set. Ultimately, that's a good thing.