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Well, the strongest competition to the UFC is now dead, dead, dead …. and it’s all because of the aftermath of Kimbo Slice’s devastating knockout loss to Seth Petruzelli.

Elite XC was already in heavy financial trouble, and hoped that CBS (who owned 20% of the company) would buy out the remaining portion and save the day. However, Seth Petruzelli’s comments that promoters implied he should not take Kimbo to the mat drew an investigation from the Florida State Athletic Commission. That investigation played a part in CBS NOT bailing Elite XC out of financial trouble, which doomed the company.

The biggest question in all of this is… Where does Kimbo Slice go from here?

Be sure to vote in the poll below to tell us your prediction!

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