GameSpot has been putting the pieces together, which include sponsors receiving products back that had been shipped for the event, links being removed on the IPL site for hotel reservations and certain international qualifiers being canceled.
The news isn't exactly surprising following the acquisition of IGN by Ziff Davis, which has already led to layoffs and reorganization of editorial. IPL is currently in the process of being sold to interested buyers.
IGN has not responded to our request for comment by this writing. We'll update if we receive official word.