Several fighters with Elit XC, including Kensington's own Eddie Alvarez, received word today that the promotion is done after CBS pulled out of talks to purchase the company.
The death of the deal was traced to Seth Petruzelli's comments caused an investigation by the Florida Boxing Commission after his fight with Kimbo Slice. Petruzelli destroyed Kimbo and eluded that officials from EliteXC offered him a bonus if he kept the fight standing.
The November 8 show scheduled for Reno, Nevada has not yet been officially canceled but that is considered a formality since a number of fighters on the show have gotten word that the show is off.
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