K-1 has been purchased by a Mr. Mike Kim and rechristened as K-1 Global. Today It’s Showtime announced that they had signed a deal with the new K-1 Global organization.
It’s Showtime issued a press release about the deal, which stated that many fighters from their organization had signed contracts with the company and that they all received signing bonuses of 50 percent of the money that was owed to them from FEG, the former owners of K-1.
It’s Showtime fighters Daniel Ghita, Tyrone Spong, Hesdy Gerges, Paul Slowinski, Rico Verhoeven, Anderson ‘Braddock’ Silva, Ben Edwards, Melvin Manhoef, Sergii Lashchenko, Mourad Bouzidi, Dzevad Poturak, Chahid Oulad El Hadj, Gago Drago and Andy Ristie all signed deals with K-1 Global.
The press release stated that more signings were to come, but the names would be released by K-1 Global.
K-1 Global expects to promote four shows this year.