Meh, quick summary of the format:
There are a number of teams, each team has an owner.
Owners:
nelly
luda shonie carter
lil jon
mayweather
TI
(and all of their posses)
Each team also has a coach. The professional coaches seemed to be versed in different martial arts but not really experienced in MMA (with the exception of Shonie Carter) Crazy Horse is a coach for Floyd Mayweather. He brags about how he is never trained for a fight.
They bring in people which test tryout's cardio striking and grappling abilities. The owners assess them. Some tryouts are fights in the ring, in a crowded smokey building.
This was painful to watch. Not due to the format, or the people involved, but the production was horrible. It seemed like they were never in one room or focusing on one topic for more than 10 seconds. The people themselves seem disorganized in the entire process. Maybe after everything settles down and the format of the show gets into a groove it will be something people will take an interest in. The ring doesn't look that bad:
