Devil_666
Super Freak
Fedor Emelianenko, the top-ranked heavyweight in the world, will not fight in the UFC unless Dana White and company agree to co-promote with Emelianenko’s partners at M-1 Global. M-1 Global CEO Vadim Finkelstein made that clear Wednesday at a news conference. Finkelstein confirmed that M-1 Global had negotiated with UFC officials as recently as Tuesday, meeting in person with Zuffa’s attorneys and also with Lorenzo Fertitta and Dana White on a teleconference call.
Finkelstein said the UFC made a new offer to Emelianenko, and M-1 Global made a counteroffer. However, Finkelstein said Emelianenko would not proceed without a co-promotional effort between M-1 and the UFC where they shared expenses and profits.
“Our offer was very simple,” said Finkelstein. “We offered to have a co-promotion -- two fights, three fights, doesn’t matter. And we were ready to invest in that show together and to get the profit together. But the UFC made a different offer that was a very good offer. But the same offer (they made), we can actually make to their champion. We can also offer millions to them and one, two, three, four fights to them.”
The UFC makes significant money in MMA. They make a significant profit per year. They're actually one of the few MMA promotions that do. That's a fact, and I don't think anyone posting in here would disagree with that.
M-1 Global does NOT make significant money in MMA on it's own. They make significant money leeching off other promotions through Fedor and "co-promotion". When M-1 has put on it's own shows (M-1 Challenge) as a stand alone promotion/product you can see how meaningless that company really is. Fedor has headlined 4 American PPV's to date. Take a look at the buy rates for each PPV's:
PRIDE 32 - The Real Deal (vs. Mark Coleman II) - PPV BUY RATE: 40,000
bodog Fight - Clash of the Nations (vs. Matt Lindland) - PPV BUY RATE: 13,000
Afflicition - Banned (vs. Tim Sylvia) - PPV BUY RATE: Est. 85,000
Affliction - Day of Reckoning (vs. Andrei Arlovski) - PPV BUY RATE: Est. 100,000
Those numbers are horrible no matter how you spin 'em. It's no coincidence that ALL those promotions died with Fedor at the helm. It's a fact: Fedor is not a big draw in North America. It's also no coincidence that when bodog Fight and Affliction (who both "co-promoted" with M-1 Global) finally died they had both lost significant amounts of money in the process. Reportedly $35 million or so for bodog and at least $10 million for Affliction.
So what exactly does M-1 Global have to offer as far as co-promotion? Fedor. That's it. That's what M-1 Global brings to the table. Yet M-1 Global wants 50% of the profits the UFC makes every time Fedor fights.
UFC: Fedor vs. Lesnar = The biggest money making fight in MMA history.
UFC and M-1 Global presents Fedor vs. Lesnar = The same exact amount of money i.e. the UFC doesn't gain anything from co-promoting with M-1 Global. While M-1 Global on the other hand makes money twice because not only would they get 50% of the profits, the UFC would still have to pay Fedor for fighting.
It's comical.
Here's a quote from Fedor's brother; pretty much sums up M-1 Global and Vadim Finkelstein:
Aleksander Emelianenko said:"You can deal with UFC, I know that they have flexible contract system. All these talks about "strict" contract terms with signing with UFC, come ONLY from Vadim Finkelstein, who wants to push his owns business projects through Fedor's fights"