According to the Strikeforce website, they have purchased certain fighter contracts and the entire Pro-Elite video library. Pro-Elite's biggest promotion was Elite XC, which made a run at the UFC, but spent too much on overhead and ended up in the hole for over 55 million dollars.
In addition, Strikeforce will take over Pro-Elite's television deal on Showtime. As Showtime is owned by CBS, there is the possibility for 3-4 shows on the major network.
While no fighters were individually named as new to Strikeforce, it can be inferred that Jake Shields, Robbie Lawler, Gina Carano and Kimbo Slice will be some of the ones moving. Former Elite XC and UFC veterans Benji Radach and Scott Smith are already set to fight in an upcoming Strikeforce show.
Former Elite XC Heavyweight champ Junior Silva tested positive for a banned substance in his last appearance in Elite XC and subsequently fought in Japan. He is unlikely to fight again in the USA for a long time. Undefeated HW prospect Brett Rogers has yet to fight since Elite XC closed its doors. HW prospect Dave "Pee Wee" Herman has fought twice since Elite XC folded, beating Chris Guillen and losing to Mu Bae Choi in Japan.
The Strikeforce organization was originally run as a kickboxing promotion. With the explosion of MMA, the organization has shifted gears and been quite profitable in the California area. The stars of Strikeforce include Josh Thomson, Cung Le, Phil Baroni, Kazuo Misaki and Duane Ludwig. Alistair Overeem is still the HW champ of Strikeforce despite fighting in K-1 and Dream since winning the title.
(Cung Le pictured)