He is definitely a unique elephant ear.. grizzled.. but would need the right female. If you are wanting elephant ears then you need to get an EE female that will complement him - anything other than the standard salmon colored EE girl is going to be hard to find and cost a pretty penny.
Keep in mind you will spend at minimum a few hundred dollars to start up and can easily go upwards to a thousand or more depending on your set up, and spend a minimum of a few hours+ a day in water changes and they will take a fair amount of room.
Breeding bettas isn't like breeding guppies, lots of work and months just to raise one spawn.. long commitment. If you are serious I would read the stickies at the top of the breeding section to give you a jumping off point - good list of things you will need to start off with (the actual list of things you will need/use is a bit longer). Would look for groups on FB as well that you can go to reference breeding and such. IBC is a good place to go for info, but you will need to purchase a year membership to get to any of their documents, etc.
But it can be a fun and rewarding journey if you have the money, time and space to spend :)