I'd be quite shocked if they just folded.
Getting something for it is better than nothing, even they know that. Though being owned by Viacom and shutting it down probably is barely a blip on Viacom's brass concerns.
Can't believe people are just hoping it folds. So many fighters would be just screwed. I'd say maybe 15% find another org and actually get paid decent. Rest would just disappear into the regional promotions around the world and lucky to make 1K-2K a night to fight. Honestly, from a fan perspective those 15% are probably all we care about really.
Honestly, it sounds like Bellator priced themselves out of the willing buyers market. Truth is outside of the UFC none of these orgs are self sustained or have the revenue for anyone to put a whole hell of a lot of faith in valuing it. Putting a value to raise investments is a lot different then buying out. Raising investment is usually driven by past, future performance with more weight put on the future, and the general business itself and your beliefs in that business growth potential along with the owners future plans to achieve those goals. Buying a business outright a lot comes into play especially if the owner is shopping it, its sign they are looking to get out and its gives leverage to the buyer. Especially when said business is lucky if its profitable on any level and has limited assets to value properly. Bellator has fighter contracts and video library as the primary assets. Media contracts around the world who knows how those are spelled out if Bellator sells. I'm guessing each media outlet deal would have to agree with the new owner or they'd have the option to void the contract. The value of those media contracts to PFL could vary wildly as PFL may have an existing media contract in an area and Bellator has one in the same area with a different media outlet. So that Bellator media contract in that region may not hold much value to PFL as a buyer. It's a damn mess in other words.
