PHOENIX - AUGUST 13: Jason Richey (L) squares off against Edmund Xehili (R) in the Strikeforce Challengers Undercard bout at Dodge Theater on August 13 2010 in Phoenix Arizona. (Photo by Christian Petersen/Getty Images)
The rumored extension between Showtime and Strikeforce appears to be signed with representatives from both companies holding a call for the media today. Though details are spotty at the moment, from various sources Bloody Elbow was made aware that the two parties plan to extend the current deal an additional two years which would make it effective through 2014. The big hold up was that Showtime felt that Zuffa didn't act in good faith by signing away the top talent of Strikeforce. UFC President Dana White, Strikeforce CEO Scott Coker, and Executive Vice President & General Manager SHOWTIME Sports Stephan Espinoza will be on the call.
Join Bloody Elbow for a live discussion of the media call which takes place at 3 PM ET/12 PM PT. Follow @mattroth512for instant updates via twitter. Following the call the tweets will be posted after the jump.