The announcement that WSOF was no more came in mid-April. The assets of the promotion were reportedly acquired by Russ Ramsey along with venture capitalists Donn Davis and Mark Leschly. The new ownership group quickly rebranded their purchase as the Professional Fighters League. A lot more than a simple name change took place when the promotion changed hands; there was also a change in philosophy. Instead of a roster of fighters competing for gold belts, the PFL will feature fighters in seven weight divisions competing in a season-style format.
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5 reasons to watch ‘PFL: Daytona,’ a new league’s chance to make a first impression – MMA Junkie