MMA promoters look to "Dragon's Den" for funding.

Dragons Den is the Canadian equivalent to ABC's Shark Tank where companies look for investors in their company. Armageddon FC, based out of Victoria BC, recently went on the show to try and get $55,000 for a %10 stake in the promotion so they can further expand their company.

They came with a ring girl and two unknown fighters that gave a quick sparring demonstration before they finally got down to the nitty gritty of the financial details.

"I like the business model," said Dragon Robert Herjavec, head of the Herjavec Group. "I'm struggling with how do I put a value on your business today. The business is really you guys putting on events. There's really no assets besides the cage and stuff." Herjavec eventually valued the pomontion between $250,000 and $400,000.

Herjavec offered AFC co-owners Jason Heit and Darren Owen $55,000 for 40 per cent of the business but Owen was unwilling to give that much of his company. Jim Treliving, chairman of Boston Pizza International and Global Entertainment Corporation, then offered $55,000 for 25 per cent, offering up his U.S. contacts for the business. And Herjavec revised his bid for an additional five per cent for $25,000 if they took Treliving's offer.

"Take the deal. It puts you on the map," said Herjavec and that was the deal Heit and Owen eventually agreed on giving up %30 of their company for an $80,000 investment.

An interesting way for a small regional promotion to gain not only the financial push from a large conglomerate but a good amount of exposure through a nationally broadcast show that is quite popular in Canada.

There is a link to the full high quality video of the episode in the comments section.

Roger Huerta in Tekken (2010) goes direct to DVD in the UK on April 5: (trailer)

There weren't any pictures of Cung Le even though Cung had a larger role. As of now, there is no plan to release the movie in North American theatres and is going straight to DVD in the UK on April 5th.

This Fan Shot was promoted to the front page by Nick Thomas.

Fighters Only is reporting that Mark Coleman has a "second-degree tear of an MCL knee ligament". The quote is from Colemans sponsor Cage Fighter and a rep named Mike DiSabato.

DiSabato goes on to say that Coleman has asked to have the bout moved to January 2. Not sure why Tito would take the fight in January if he has to take on a top-10 fighter now. If Tito wins against a top opponent he would need another high caliber fighter which I dont think Coleman is anymore.

These are the odds sportsinteraction.com is using for how much money the new A-Team will make.

Tuesday, December 15, 2009
20:00 A-Team Movie - World Wide Box Office Gross

Based on official box office revenue after six month on general release.

* Under $250 million 4.00
* $250 - $325 million 8.00
* $325 - $400 million 5.00
* $400 - $475 million 4.00
* $475 - $550 million 4.30
* Over $550 million 2.20

Keith Jardine looking BAD-ASS in the upcoming movie Gamer.

Variety.com is reporting that Gina Carano is set to star in a new Steven Soderbergh film titled "Knockout":

"Knockout" casts Carano as a girl from the wrong side of the tracks who is given a second chance to use her skills for constructive purposes. The film is a closer cousin to "La Femme Nikita" and "Kill Bill" than "Million Dollar Baby," in that it doesn’t take place in the fight ring. Rather, Soderbergh considers the film as a flat out action film in the James Bond mold, and will shoot in locations around the world that include Ireland, Turkey and the U.S.

The article also goes on to say that Soderbergh plans on filling out the rest of the cast with named actors in supporting roles. One more high-profile MMA star taking time off from fighting with the acting bug.

HT: Variety.com