UFC willing to top K-1/Heroes $$$ offer for Fedor, but…

My Las Vegas based sources close to the Zuffa camp–the same sources that tipped me off to the UFC purchase of PRIDE several months before anyone else–have some updated news on the ongoing negotiations to sign Fedor Emelianenko. Apparently the UFC is willing to match any offer financially, but are insisting that the Fedor camp drop a number of the “conditions” surrounding the deal. From what I’ve heard the UFC isn’t willing to guarantee that they’ll hold events in Russia and doesn’t want Fedor competing in Combat Sambo events during his contractual tenure. Since Fedor is “the man” in Russia when it comes to their national martial art, that is the big sticking point at the moment. The Fedor camp’s desire to gravy train some of his Red Devil team members is apparently not a big deal to the UFC, who wouldn’t mind having some of their top fighters anyway (particularly Fedor’s brother Aleksander Emelianenko and Andrei Semenov among others). Since they also own the WEC and are committed to a frequent PPV and “Ultimate Fight Night” schedule that’s not an issue. I guess they could always throw a bunch of Russians in a house in Las Vegas and tape the hilarity that ensues as the taciturn Eastern bloc fighters acclimate to “Paris in the Desert”. There’s the basis for a full season of the “Ultimate Fighter” all ready to go. If Zuffa wants to send me a check for that gift wrapped programming concept they can make it payable to “Net Prophet World Control”.

That’s where things stand now and the ball is apparently in the court of Fedor and/or his Cold War era James Bond villain-like advisor/manager/agent/mouthpiece Vadim Finkelstein (which would, come to think of it, be a great name of a Cold War era James Bond villain). What happens next is anyone’s guess–Zuffa doesn’t want to scratch out a 7 figure check to a guy only to see him get injured in a Russian Sambo tournament. In all fairness, serious injuries are rare in the sport but that’s not exactly reassuring if its your money invested. Finkelstein also owns the Russian M-1 fighting promotion, so my guess is that he wants to gravy train M-1 on the UFC’s worldwide popularity as well. Here’s what Finkelstein said in a recent interview with Sherdog:

At the moment we are in negotiations with a number of organizations who have put offers on the table. I’ll be blunt in saying that the UFC offer is the most financially attractive one. However they are very harsh in their terms and are not very flexible in actually negotiating them.

Fedor has now been the PRIDE heavyweight champion for four years and I think we have earned the right to negotiate a contract that suits both parties. Instead we are faced with a blunt “you are either in or you’re out.” This does not really suit us. If the negotiations continue in a similar manner, we’ll prefer to fight for less money but with an organization which is more flexible.

The problem is that Fedor is the face of Combat Sambo in Russia. His popularity is at a level where he is acquainted with president Putin himself, in part because he is so successful and well known for Combat Sambo here.

Combat Sambo is a Russian sport that’s not at a level of difficulty of MMA, but is hugely popular with our public. Fedor must represent Russia in Combat Sambo and at world championships, specifically the ones coming up in September. All we want him to do is compete something like once a year in Combat Sambo. But the UFC is not happy with that.

Their proposal has all kinds of clauses, all kinds of fines etc. that do not suit us. The UFC is not really that eager to communicate and negotiate. The negotiations are still continuing, and we will try very hard to get our demands met, if not Fedor will simply not compete in the UFC, even though that will be unfortunate as they currently have one of the, if not the, strongest, heavyweight divisions in the world.

A lot of this sure sounds like a garden variety “clash of cultures”. Making sure every “i is dotted and t crossed” in a contract is simply the American way of doing business. And from what I gather, Russians prefer a less structured approach. I’m of the opinion that the UFC isn’t exactly unreasonable in their position, but then again I can understand the Fedor camp’s position relative to his status in Russia as “the face of Combat Sambo”.

At this point, Finkelstein’s line about negotiating with “a number of organizations” simply isn’t true and probably never was. The only three organizations that can realistically afford Fedor and that he’d want to fight for are Zuffa/UFC and the K-1/Heroes group. Calvin Ayre’s BoDog Fight could afford him, but the recent rancor between Fedor’s people and Ayre’s people notwithstanding they just don’t offer a level of competition worthy of the consensus top heavyweight in the world. Neither Finkelstein or Fedor have called me for input, but IMO the UFC offer is the way to go–even with restrictions. The level of competition is better, the money is better and the Zuffa promotional machine can make Fedor into a huge star here in the US. Should he want to keep fighting at the end of his contract he’d be in a much better negotiating position. K-1/Heroes could offer him similar money and a decent level of competition but simply can’t make him a household name in the US the way that Zuffa can.

We’ll update with any additional news as we get it….

[tags]UFC, Zuffa, PRIDE, K-1, Heroes, MMA, WEC, mixed martial arts, Fedor Emelianenko, Vadim Finkelstein, Russia, combat sambo[/tags]

Friday, August 10th, 2007 Japan, K-1, PRIDE, Russia, UFC, media, mma

9 Comments to UFC willing to top K-1/Heroes $$$ offer for Fedor, but…

[...] The latest information on the UFC/Fedor negotiations. [...]

Tim Leidecker
August 11, 2007

Why should Fedor want to be a star in the US?

The Prophet
August 11, 2007

Why should Fedor want to be a star in the US?

Valid question, but one with a pretty obvious answer. Its some combination of money, ego, and competitive desire. Essentially, its the same reason that a guy like Ricky Hatton wanted to be a star in the US. Like it or not, its the center of the fight universe–definitely in boxing. Hatton could have earned a nice living and been a superstar in the UK–he could have sold out Manchester’s MEN Arena for a sparring session against a wet mop. To test himself against the best fighters in the business he had to break into the US market. He could also make more money this way.

Now let’s consider Fedor’s case specifically–most MMA hardcores consider him the best fighter in the world. Yet most of the casual fans in the US don’t know who he is. With MMA’s popularity exploding in the US don’t you think he’d want to prove his competitive superiority? Plus, at this point I’d have to suggest that the US offers the best level of competition–prior to the (permanent or temporary) demise of PRIDE I’d have made the case for Japan having superior MMA talent but now the US gets the nod by default.

And then there’s the money–assuming that Fedor wants to maximize his income potential he obviously wants to become a big name in such a potentially lucrative market. Essentially, its the same reason that stars in other parts of the world in all sorts of disciplines–from the Beatles to David Beckham–want to get into the US market.

Based on their actions, clearly the Fedor camp has some interest of cracking the US market for whatever reason–if not, they would have already signed a deal with K-1/Heroes. After all, they’re willing to pay a lot of money and accept all of the Fedor camp’s conditions. That they’re still playing ball with Zuffa/UFC demonstrates that his status in the US market is of some importance to Fedor…

Andreas
August 12, 2007

Pride and Bodog allowed Fedor to fight in Sambo so the UFC is being unreasonable. it would be different if those other orgs had said no as well.

The Prophet
August 12, 2007

Pride and Bodog allowed Fedor to fight in Sambo so the UFC is being unreasonable. it would be different if those other orgs had said no as well.

You’re right and on balance I agree with you. I can understand the UFC’s position in theory–most player contracts in sports have stipulations against certain physically dangerous activities (eg: pro wrestling, as the recent Pacman Jones soap opera evidenced). Still, exceptions have been made in other sports–like the famous Michael Jordan proviso that he be allowed to play in pickup hoops games whenever he wanted. Fedor is obviously an exceptional athlete so the upside of signing him and allowing him to compete in Sambo would seem to outweigh the potential risks.

I’m not a contract attorney, but IMO it would appear that there’s a simple solution–I can understand that Zuffa/UFC doesn’t want to be on the hook should Fedor suffer a career ending injury in Sambo so just write something into the contract. Say, in the unlikely event that something like this happens the UFC has the option to buy out the contract for a million bucks or whatever. Fedor’s agent then breaks off a phone call to Lloyd’s of London and insures him against a career ending injury for the value of the UFC contract. So the UFC is off the hook in the event of a Sambo injury, Fedor gets to compete in Sambo plus he gets paid and he’s got his ass covered against injury and everyone should be happy.

There’s also the possibility that the UFC doesn’t want Fedor competing outside their promotion fearing a loss of “product” control or diminished marketability should he lose or something. If that’s the case, they *are* being unreasonable…

Jay
August 12, 2007

Even if Fedor signs with the UFC, do you really think he would fight the winner of GG/Couture right off the bat?

I think Fedor is smart enough to know that he cannot just step into a cage without some training inside of one first. Also, I think he would have to get used to the elbows that he never had to face in Japan(We saw how Cro-Cop kinda panicked when he got hit with those). We also have to take into consideration if Couture wins (GG is not as proven, save the CC win), that the UFC would give him ample time to prepare since he is their HW poster boy. I wonder what your thoughts are on that….

With that said, how many fights do you think they would sign him to, and can you give us any idea on how much he would get paid? I read somewhere the Tito got paid $350,000 for each of his fights, and if that figure is correct, I would have to assume that he would be getting A LOT more.

The Prophet
August 12, 2007

Even if Fedor signs with the UFC, do you really think he would fight the winner of GG/Couture right off the bat?

I think Fedor is smart enough to know that he cannot just step into a cage without some training inside of one first. Also, I think he would have to get used to the elbows that he never had to face in Japan(We saw how Cro-Cop kinda panicked when he got hit with those). We also have to take into consideration if Couture wins (GG is not as proven, save the CC win), that the UFC would give him ample time to prepare since he is their HW poster boy. I wonder what your thoughts are on that….

With that said, how many fights do you think they would sign him to, and can you give us any idea on how much he would get paid? I read somewhere the Tito got paid $350,000 for each of his fights, and if that figure is correct, I would have to assume that he would be getting A LOT more.

First of all thanks for reading and taking the time to comment–hope to see you back in the future.

Not sure what the UFC would want to do with Fedor. On one hand, you’re right that a “tune up” fight or two would do him some good as well as exposing him to the US fans. That would mean a bigger PPV buyrate when Fedor *did* fight for the championship. Of course that’s what they were trying to do with Cro Cop and you saw how that worked out. They were building to a Cro Cop/Couture fight (which probably would have been the biggest PPV buyrate ever for the UFC) but that all changed thanks to Gonzaga’s foot. In retrospect, I don’t have a clue why they let Gonzaga anywhere near Cro Cop with such a big fight as CroCop/Couture on the drawing board. The Gonzaga/Couture fight should be a good one, but from strictly a business standpoint it won’t do anywhere near what Cro Cop/Couture would have.

In other words, on one hand you want to give Fedor the chance to have some “tune up” fights but on the other hand you don’t want to risk the bigger fights down the road. I’m not thinking that any of the mid-level UFC heavyweights could beat Fedor without a lead pipe, but there’s always that risk.

Clearly the UFC would rather have a Fedor/Couture fight than a Fedor/Gonzaga fight–with all due respect to Gonzaga as a fighter Couture is a much bigger “star”. I’d imagine Fedor won’t make the mistake Cro Cop did and start training in a cage before the ink is dry on his UFC contract. Of course their fight styles are different and IMO Fedor doesn’t have the same liabilities in the cage that Cro Cop did. As a striker with average ground skills, Cro Cop’s problem with the cage was as much with the angles and spacing than anything else. Eddie Sanchez just backed up and Cro Cop followed him around and picked him apart, but Gonzaga came right at him. Without any way to “cut off” a round area like you could in a ring Cro Cop looked lost.

Fedor, as you’re well aware, is not only a brutally effective striker but a ground fighting badass as well. He’s also such a good “inside” fighter that he doesn’t need the same spacing that Cro Cop does to be effective. The elbows will require some adjustment, but IMO this is a minor concern. I’m not one of these “Fedor is a cyborg/he feels no pain” type fanboys but after watching Kevin Randleman drop Fedor on his head and it apparently not really faze him I’m thinking that he’ll be able to deal with a few elbows. Plus, since he’s already the most lethal “ground and pound” specialist in the sport I’m sure he’d not have a problem adding the elbows to *his* arsenal.

From what I hear the dollar figure the UFC is talking about is slightly higher than what K-1/Heroes is offering–in the $6.5 to $7 million range. My guess is that it would be for six fights like the K-1 offer so we’re looking at a cool million bucks a fight.

DROC
August 13, 2007

What Vadim said about negotiating with numerous organization’s is true and expect some news to break tonight.

Other than that, it’s a good article but I don’t see why you give so much credit to your inside sources since the fact that the UFC/Zuffa were offering better financial terms but the other conditions (particularly combat Sambo) were not acceptable to them has been public knowledge for a while now.

DROC

The Prophet
August 13, 2007

Other than that, it’s a good article but I don’t see why you give so much credit to your inside sources since the fact that the UFC/Zuffa were offering better financial terms but the other conditions (particularly combat Sambo) were not acceptable to them has been public knowledge for a while now.

“Inside sources” like to know that they’re being thought of :-)

Leave a comment