Fedor and M1 press conference news

Taken from www.mmajunkie.com

Top free-agent fighter Fedor Emelianenko, the heavyweight champion of the now-defunct PRIDE Fighting Championships, has signed a new six-fight, two-year deal with M-1 Global.

The signing was announced this evening at a press conference in New York City.

M-1 Global was previously known as M-1 Mix-Fight Championship. The Russian-based organization had been owned by Emelianenko's manager, Vadim Finkelstein. However, Sibling Sports LLC today announced it had purchased the organization with the intention of making it a true international promotion.

Once the organization signs a television deal -- something executives expect to happen soon -- the organization's first event will be announced. It's expected to take place in February, and while Emelianenko will be on the card, his opponent is not yet known.

"We're looking for the best opponents available (for Emelianenko)," said Monte Cox, one of MMA's top fighter agents who today was named chief executive officer of M-1 Global. "There's a couple guys who we heard became free. I don't know. It's just a rumor."

The tongue-in-cheek comment was likely in reference to Randy Couture, the UFC heavyweight champion who abruptly resigned from the organization earlier this month. UFC President Dana White continues to label it a retirement, though Couture says he will fight again. During media events this past weekend at UFC 77, White said he will not release Couture from his contract. Couture has two fights remaining on the deal, and White hinted that the matter will likely have to be settled by the courts.

When asked about Couture at today's press conference, Emelianenko admitted that he'd like to fight the 44-year-old UFC hall-of-famer.

"These days, he's the strongest fighter," Emelianenko said through a translator. "It would be an honor for me to fight him... whether it's in cooperation with the UFC or not.

As part of his new deal, Emelianenko will be allowed to fight outside the organization. Additionally, he requested -- and received -- a special clause in his contract that requires M-1 Global to offer the UFC heavyweight champion $1 million more than what the UFC offers for a fight with Emelianenko.

Emelianenko specifically mentioned that clause when a reporter asked him about rumors he was unwilling to fight certain opponents, such as Tim Sylvia, if he were to sign with the UFC.

"I hope (that clause) demonstrates how I am not afraid to fight anyone," Emelianenko said.

Cox said the organization will announce the signings of additional fighters in the next 7-10 days. He also predicted that fighters from other organizations, such as the UFC, will look to M-1 Global when their contracts expire.

One reoccurring theme mentioned in today's press conference by M-1 Global executives was that the organization will be a true international organization that will recruit international talent while hosting shows throughout the world. Emelianenko specifically mentioned Japan, where PRIDE used to do business. The PRIDE 2004 Grand Prix winner said he hopes M-1 Global can fill the void left by PRIDE's demise.

The owners of Zuffa LLC (the UFC's parent company) purchased PRIDE back in March but recently shut down the organization.

As for the immediate future of M-1 Global, Cox said that additional news about the organization will be announced in the next few weeks. This evening's press conference, he said, was intended to highlight one fighter who he thinks will initially carry the organization.

"Today is all about Fedor Emelianenko," he said.

wtf? where's the money coming from? this seems doomed.

ttt

As part of his new deal, Emelianenko will be allowed to fight outside the organization. Additionally, he requested -- and received -- a special clause in his contract that requires M-1 Global to offer the UFC heavyweight champion $1 million more than what the UFC offers for a fight with Emelianenko.

Emelianenko specifically mentioned that clause when a reporter asked him about rumors he was unwilling to fight certain opponents, such as Tim Sylvia, if he were to sign with the UFC.

"I hope (that clause) demonstrates how I am not afraid to fight anyone," Emelianenko said.

None of that impresses me, Clearly, it's smoke and mirrors b/c M1 knows that a inter-promotional fight with the UFC is next to impossible.

ttt

i want to find out what other fighters they have got under contract.

ttt

Original TUFer, I wouldn't say that no one knows who he is.

Remember when Pride came to the USA and they held outdoor workouts? There was outdoor seating and attendance was rather sparse. However Fedor had a full house to watch him. It got to the point where Coleman was upset because he (Coleman) was the American.

Very cool ,finaly get to see Fedor back in action.

Now can they pull Igor Vov. out of the kitchen,would love to see his second coming :)

Who cares if the UFC won't cooperate... if the UFC wants to be the only guys in Town not willing to co-promote then let them.

The fact is that their HW champ left, and contracts don't last forever.

Hendo might leave, and others might follow.

I like almost everything about this announcment.

I do here ya Original TUFer. You have a strong point.

I am hoping for the best that another org will do well.

"None of that impresses me, Clearly, it's smoke and mirrors b/c M1 knows that a inter-promotional fight with the UFC is next to impossible."

Exactly. Everyone knows that not just the UFC, but most MMA organizations sign their champs to exclusive contracts. That's a great BS clause because M1 knows for a fact they will never have to pay for that to happen, and Fedor knows he won't have to fight any top fighters outside of M1.

Best of luck to M-1, they are going to need it. I hope the financial backers have some DEEEEEEEEP pockets and are capable of withstanding tens of millions of dollars in losses.

Is Mark Cuban a part of the M1 deal?

I have only heard that Cuban may have involvement to air M1 fights on HDNET. However I have also read that a TV deal is going to be made for M1 which I would think is an absolute MUST to keep afloat.

I read on the MMA Weekly site that Monte Cox said the following:



Speaking to that point, M-1 Global’s president and CEO, Monte Cox, said, “We really want to work with all of the other organizations. A lot of people give that lip service, but we’re already talking to other organizations.”



Maxwell backed that up saying, “In Fedor’s contract with M-1 Global, we have a clause to offer the UFC champion $1,000,000 over and above what the UFC would offer their champion to fight Fedor, and $1,000,000 to the winner of that fight over the general purse for that fight.”




Let's hope that another organization will actually follow through and work with M1.  The problem with doing so is the risk of making the losing fighters org, seem sub par.

Guys,

More organisations are starting to co-promote or let their fighters fight for other promotions whilst still under contract. I know for a fact bodog is doing that. The main promotion that is not willing to co-promote or allow its fighters to fight anywhere else is the UFC.

"whoever the ufc champ is, if he leaves the ufc as champ and fights fedor he will get his full salary matched plus a fucking million dollars! youre telling me no one will bite?"

UFC champions are always under multi-fight contracts. It's a catch 22. That clause is in there just to fool people like you.

$700,000 wont go very far but best of luck to them