Surprise surprise, another fledgling organization booked an event bigger than their britches and ended up fucking themselves over and getting canceled. The long and short of it is that the WCO booked half the available free agents in MMA and then didn’t have the money to pay them up front, so the CSAC shut them down.
Sure, shutting down a show because “the fighters might not get paid” seems more like a way to guarantee that the fighters don’t get paid, but when you hear about shady shit like this happening, you have to give the benefit of the doubt to the CSAC (and god knows I’m the last person you’d normally hear say that):
Several fighters indicated that they were approached to tear up their current contracts and sign new agreements that would pay them $100 for fighting on the event and then sign a separate agreement that would make up the difference between the $100 and their originally agreed upon purse in what would be dubbed an “appearance fee” to be paid at a later date.
In the end, I don’t have much sympathy for the WCO. They were the douches that were bringing Mike Kyle back into the sport, and I had no interest in supporting a company that’d do that, no matter how many other fighters on the card I wanted to see. Add that to the ‘Book big and cross your fingers mentality’, and these guys now take the early lead for biggest disaster event of 2008.