M-1 Global CEO Monte Cox has confirmed that former PRIDE heavyweight champion Fedor Emelianenko is no longer affiliated with the promotion.
The report comes from Sherdog.com’s Greg Savage, host of “The Savage Dog” Internet radio show, of which Cox was a guest on this past Monday.
In addition to confirming Fedor’s departure, Cox stated that Sibling Entertainment still intends to promote mixed martial arts, just not under the M-1 Global banner.
“The group that formed M-1 Global is still together and we’re going to remain together and put on an MMA event,” Cox stated during the show. “It won’t be under the name M-1 Global because that is definitely associated with Emelianenko Fedor and the Russians, and we’ve come to an agreement that we’re going to part ways.”
Cox also confirmed a previous Sherdog report that Fedor never actually signed a contract with Sibling and that he only had signed a letter of intent that prevented him from competing outside of the promotion while negotiations were still ongoing. M-1 Global Vice President Brian Patton had previously disputed the Sherdog report.
Cox indicated during the show that the contract issues with Fedor cost a great deal in legal fees.
“We spent well into six-figures of attorney fees trying to get the contract written, let alone signed,” Cox is quoted as saying. “In the end, we could have went ahead and signed the contract and went off with Fedor, but I don’t think we would have been successful.”
According to Cox, Sibling Entertainment could promote its first MMA event as early as June, possibly in Chicago.