The EBI 3 Welterweight tournament went down in March, but if you missed it Eddie Bravo posted the whole thing on YouTube for your viewing pleasure.
The Eddie Bravo Invitational, or EBI, is one of the many new professional Submission Only events that are very much in vogue right now in the jiu jitsu world. The EBI has a fun counter culture feel to it both in the context of grappler and larger society. This grappling event draws on a much broader section of the jiu jitsu community that many other jiu jitsu events and the result is a great variety in styles and very face-paced matches.