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Put your shovels away, the IFL is not dead yet

l_77e643c1d1ed8d745e7572db1bf1eccf.gifSpeculation has been running rampant for quite some time that the International Fight League’s days are numbered. However, that speculation recently intensified following the release of its latest annual report to the SEC and the fact that it currently has no official events scheduled past its next card on Friday, May 16.

Some other ominous signs include the fact that the May 16 broadcast from the Mohegan Sun in Uncasville, Conn. is slated to be the last of the promotion’s three-show deal with Mark Cuban’s HDNet and its deal with Fox Sports Net is set to expire at the end of the summer.

Oh, and you can’t overlook several auditor warnings in the IFL’s recent SEC filing that it simply doesn’t have the capital it needs right now to finish out the fiscal year. That problem can always be rectified with an infusion of cash. But where is that cash going to come from?

That being said, if the IFL is going out, it’s not going out without a fight (bad pun intended). FiveOuncesOfPain.com received a press release yesterday from the IFL to announce that it will be hosting a conference call on Thursday. The first thought that went into my head was that perhaps the promotion was going to announce that it would be suspending operations following the May 16 show? Not so. IFL CEO Jay Larkin and Vice President of Talent Relations Bas Rutten will both be available to the media to discuss future event scheduling (believed to be a new fight card) as well as a “major new initiative for the IFL.”

We’d love to be able to tell you just exactly what the IFL is planning on announcing tomorrow, but we simply don’t know. But have no fear, we’ll have those answers for you since 5 Oz. will be calling in to cover the conference call.

8 COMMENTS
  • Gygax says:

    I really hope your right Sam. The April 4 show featured some absolutely spectacular action and KO’s. But the financials certainly look bleak and talk within the actual IFL offices in New York wonders when the plug will be pulled.

  • Evan says:

    I hope they make it.

    But…”Last Trade: 0.0450 ” Look up the IFLI stock symbol.

  • Mike Wolfe says:

    With a financial situation this bleak, anybody doing business with them could get burned by a bankruptcy petition. Hopefully none of the fighters will.

  • bjjdenver says:

    Damnitttttt!!!

    The new format has really improved their product and they have had some of the best cards of 2008, imo. Far better than the old style IFL. I hope they make it and I’m sure HDNet will be on board for more shows.

    If you guys aren’t watching, do so, it is great mma and they have done a nice job of building their rosters.

    One thing I have thought they should do, since getting on HDNet, is to find a home for their full cards to be broadcast the next day or week. On network or high level cable. If UFC doesn’t end up there, I could see ESPN as a great fit, they just seem kind of lost on Fox Sports.

  • William W. says:

    Hopefully they are going to say they have completely abandoned the team (now camp) concept and are just going to have guys fight each other.

  • Gygax says:

    I’ve learned that the IFL is set to announce their next event for August 15th. In addition, they are unveiling a new ring design!

  • Greg says:

    Gygax, any word on where the next event will be held?

    their last show in New Jersey was incredible, and i would love to catch another one.

  • Gygax says:

    It will be at the IZOD Center in East Rutherford NJ once again on August 15. Pre sale starts today.

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