http://www.bloodyelbow.com/2009/11/12/1143345/exclusive-details-of-fedor
A few gems:
Fedor is to be paid a $300,000 purse per fight
Fedor Emelinaenko reserved all rights to distribute and exploit his bouts in Russia and Asia. He had the right to retain all revenue from the sale, license, or any other exploitation of his reserved rights to market the broadcast. There are other specifics regarding Affliction's responsibility to provide Fedor and M-1 with a high definition feed. The rights include streaming rights, and extend beyond Fedor's fights to the undercard and preliminary fights.
Affliction agreed to pay M-1 a consulting fee of $1,200,000 per fight
I think this really sheds some light on the question of the UFC being unreasonable in their negotiations with Fedor and his entourage if they were demanding anything resembling this contract remotely.
elipson
11/14/2009 10:03am,
1.2 million to M-1? Ouch.
selfcritical
11/14/2009 1:36pm,
That's kind of retarded for Fedor too. How many managers get paid more than %60 of the total fight purse?(that's AFTER taking into account his ownership shares in m-1). No matter how I slice that, he made less money for his fight than Tim Sylvia did, unless fedor is just banking hard on a "best of fedor in affliction" dvd.
theotherserge
11/14/2009 4:39pm,
unless there's a big money angle in this:
The rights include streaming rights, and extend beyond Fedor's fights to the undercard and preliminary fights.
elipson
11/14/2009 8:11pm,
His exclusive rights for Russia and Asia might be a pretty big deal. We can't be sure about that judging from what we have here.
Kentucky Fried Chokin
11/14/2009 11:29pm,
Russia and Asia aren't really big or growing markets, right...?
It's growing really fast in Korea and just starting to take off in China (weekly televised mma fights when i was there last year).
HappyOldGuy
11/15/2009 12:34am,
I assume he can wring some cash out of Japan.
Also, there are so many issues that a UFC contract could have broken down over. Remember that the UFC contracts can be financially generous, but they are total. For example, they include your exclusive likeness for video games and similar merchandising stuff, that could easily turn off a successfull indy fighter.
Brian R. VanCise
11/15/2009 7:35am,
I imagine based on above that Fedor's deal is really sweet compared to the UFC's offer. It is unfortunate that he will not be fighting the best but..... since he already is almost at legendary status I imagine he thought well it is time for the cash! Having rights for Asia and Russia has to end up in a lot of cash coming his way!
Omega Supreme
11/15/2009 8:05am,
You guys might be getting a few things mixed up. Those fees represent two totally different things I believe. M-1 Global is a promotion company and they co promoted with Strikeforce and will probably distribute it throughout the Russian/Asian market. They will get paid that much money per fight......card. Also, if Fedor has done what most modern fighters do, he would've negotiated a gate share allowing him to take up to 3% of the net gate take for the fight making his purse much larger than that.
Diesel_tke
11/15/2009 9:06am,
Something that I have always wondered about Fedor. He makes bank. And we know that, but when you see videos of his training, his home, his family, and the clothes he wears, you never see any idea that he has any money. You would think that he just started fighting last year.
What does he do with his money. Or is the Russian Mob getting all of it?
Something that I have always wondered about Fedor. He makes bank. And we know that, but when you see videos of his training, his home, his family, and the clothes he wears, you never see any idea that he has any money. You would think that he just started fighting last year.
What does he do with his money. Or is the Russian CHURCH getting all of it?
fixed that for you. And yes.
sashimi_style
11/15/2009 7:55pm,
I guess he's one of those rare rich guys that's not a pretentious douche. Imagine that. And he can kick everyone's ass. Keep it real, Fedor.
cuatro76
11/15/2009 8:10pm,
fixed that for you. And yes.
I noticed after the Fedor/Rogers fight, Fedor's entourage included 2 Eastern Orthodox priests who joined the corner-men in the cage post-fight. They weren't in their priest garb but I remember seeing them in the pre-fight countdown show.
theotherserge
11/15/2009 9:46pm,
Yeah, he doesn't roll big in that way. The town he trains in actually pitched in and bought him a Toyota Tercel or something like that. He just doesn't seem to care.
I've never met him, but I have trained with Russians who know him and Fedor is a very humble guy; from what I gather.
Diesel_tke
11/17/2009 7:04pm,
Yeah, you just can't find anything bad about the guy. How could anyone not like him?
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