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Fedor Emelianenko Turns Down Three-Fight UFC Contract
Posted by Ariel Helwani 07/30/09—2:36 PM
Fedor Emelianenko said on Wednesday that he does not intend to sign a contract with the UFC unless it agrees to promote fights jointly with Emelianenko's promoter, M-1 Global. Since then, several Web sites have reported that Emelianenko had turned down a six-fight contract with the UFC worth $30 million.
FanHouse has learned from a source close to the negotiations, who wished to remain anonymous, that the UFC offered Emelianenko a three-fight contract with a guarantee of less than $2 million per fight.
The source did confirm that Emelianenko was offered an immediate title shot against current UFC heavyweight champion Brock Lesnar.
As Jonathan Snowden, the author of 'Total MMA: Inside Ultimate Fighting,' who also spoke to someone with knowledge of the negotiations, pointed out, it is possible that Emelianenko could make up to or even more than $30 million during his UFC run, but that amount wasn't guaranteed up front.
"The number is based on Zuffa's projections of what Fedor's take of the PPV money would be, and the numbers they are projecting are based on selling a ton of PPV's. The actual guarantee for Fedor is much more modest. It's true that if business stays at record levels Fedor could walk away with $30 million. But that is no guarantee."
If the pay-per-views in which Emelianenko main events do as well as, say, UFC 100, which reportedly generated approximately 1.5 million PPV buys, he could conceivably make that much, if not more once the PPV escalators kick in.
Vadim Finkelstein, Emelianenko's manager and M-1 Global's CEO, replied "no" when Sherdog asked if a deal could be struck with the UFC without M-1 co-promoting the event.
Here's the actual link to the story:
**broken link removed**
Fedor Emelianenko Turns Down Three-Fight UFC Contract
Posted by Ariel Helwani 07/30/09—2:36 PM
Fedor Emelianenko said on Wednesday that he does not intend to sign a contract with the UFC unless it agrees to promote fights jointly with Emelianenko's promoter, M-1 Global. Since then, several Web sites have reported that Emelianenko had turned down a six-fight contract with the UFC worth $30 million.
FanHouse has learned from a source close to the negotiations, who wished to remain anonymous, that the UFC offered Emelianenko a three-fight contract with a guarantee of less than $2 million per fight.
The source did confirm that Emelianenko was offered an immediate title shot against current UFC heavyweight champion Brock Lesnar.
As Jonathan Snowden, the author of 'Total MMA: Inside Ultimate Fighting,' who also spoke to someone with knowledge of the negotiations, pointed out, it is possible that Emelianenko could make up to or even more than $30 million during his UFC run, but that amount wasn't guaranteed up front.
"The number is based on Zuffa's projections of what Fedor's take of the PPV money would be, and the numbers they are projecting are based on selling a ton of PPV's. The actual guarantee for Fedor is much more modest. It's true that if business stays at record levels Fedor could walk away with $30 million. But that is no guarantee."
If the pay-per-views in which Emelianenko main events do as well as, say, UFC 100, which reportedly generated approximately 1.5 million PPV buys, he could conceivably make that much, if not more once the PPV escalators kick in.
Vadim Finkelstein, Emelianenko's manager and M-1 Global's CEO, replied "no" when Sherdog asked if a deal could be struck with the UFC without M-1 co-promoting the event.
Here's the actual link to the story:
**broken link removed**