
According to the United States Securities and Exchange Commission Shaw and DeLuca have resigned from their respective positions, but will remain on board as consultants. Rumors were persistent about a month ago that Shaw would be ousted, but they were denied stating that he would take a lesser role within the company.
I suppose you could say that’s true being that he is gonna be a consultant. However, if you watched Elite’s second offering on CBS a week ago…Shaw was nowhere to be found. He wasn’t involved in any of the promotional efforts for the show(as little as they were) like the initial offering. Most of the criticism of the first show was cast in Shaw’s direction, but the show did do massive ratings. Whereas, this second offering was outdone by a 2 month old UFC PPV that was used as counter-programming on Spike TV.
So what you will…but the inner turmoil within EliteXC isn’t good for the company. They are continously bleeding money and basically their next show is do or die for them in my opinion. Gary Shaw and Dana White had a little feud going back and forth at one another…I guess the bald one wins again.
Also, Shaw and DeLuca will continue to make over 200K annually with their consulting roles. How stupid is that for a company that’s losing their ass in debt?
