The Russian heavyweight’s only agreement with the company — according to the source, who spoke on the condition of anonymity — came in the form of a letter of intent.
The return of a $1.5 million signing bonus paid by M-1 Global to Emelianenko is the only hurdle to the former Pride champion’s potential free agency. That should be remedied this week, the source said.
M-1 Global CEO Monte Cox declined to comment.
We reported last week that Fedors manager was claiming that the disputed pound for pound top heavyweight in the world, would likely be a free agent.