I’ve heard some rumblings recently that Xyience was accused of not paying fighters they sponsor. The details were a bit shotty, but now it looks like someone is digging way deeper into the not-so-reputiable aspects of the company. Rich Bergeron has written an article called The Enron of MMA that really connect a lot of dots and doesn’t paint the UFC’s top sponsors in the best light. The article begins like this.

Because of an email that is now the subject of a $25 million lawsuit against me, and because I followed up on that email, I’m in a position now where I can put all of the intricate puzzle pieces together to prove the greatest fraud in fight industry history.

This story is too huge to keep to myself. It is dubbed the Enron of MMA for a reason, because it really is.

Right under the very noses of the fans who tuned in faithfully for every big show, right behind the backs of the fighters who put their safety on the line for the cash and the bragging rights of fighting in the “octagon”, and right past federal regulators behind the curve, the latest Xyience backers have been feeding a chain of lies to investors and the public, and for a long time they were able to fly under the radar and avoid detection.

All the while, the UFC has found a way of representing themselves as having this great, exclusive sponsor, but it’s not really all that great.

If you want to read the rest of the article (it’s pretty lenghty), check it out here at Unlimited Fighting News.

Saturday, December 8th, 2007 | File under Commentary