I noted yesterday that the Elite XC mixed martial arts promotion is going out of business. This is the promotion that brought us the two CBS MMA debacles earlier this year, including the recent Kimbo Slice defeat.

The shows were built completely around Kimbo and how he was this invincible monster. When Seth Petruzelli beat him in 14 seconds, he destroyed the marketing machine that was Kimbo.

CBS knew they had to protect the golden goose, and thus Petruzelli alleged that he was offered extra money to trade punches with Kimbo instead of using a better strategy - um, you know, any other strategy. MMA is supposed to be legit, but in order to prevent a Mike Tyson-like fall, the promoters got greedy and tried to fix it, sort of.

When Tyson was on top, people paid $30 and $40 on pay-per-view to watch him destroy people. After he lost to Buster Douglas, he was never the same fighter, nor the same draw. But he made millions while he was dominating, enough to feed bengal tigers daily goat carcasses while they lived in his bedroom. And then it all went away.

Kimbo may go the same way, though he makes a good living at his day job as private security for porn lords in Miami. By the way, I have a feeling that if Slice met Petruzelli on the streets, the fight would come out differently.

There is hope, though. A Ken Shamrock vs. Frank Shamrock bout is in the works. That would be very interesting. Here's hoping boxing promoters can lure the Klitschkos into the ring against each other as well.