Fedor's manager is the owner of M1, and yeah...Fedor was basically his pawn to try and get co-promotion and revenue/sponsorship shares...something Dana was never going to allow.
However, signing Fedor to a 2 or 3 fight contract with only those events being co-promoted(and no true permanent partnership with M1) could have happened, but Dana wanted no part. They argued about idiotic stuff like if M1 Global would be allowed to put their name up next to UFC when Fedor would fight.
I see both sides of it. On one hand, you have Fedor, who's heavily invested into M1 himself, and his manager is the owner, being asked to basically not make any money on your investment of M1 and fight in UFC just based on the fighter's contract. The only other concessions were M1 on his shorts, and he could still fight sambo tourneys. I don't see how Fedor's group could have accepted it.
On the other hand, you had Fedor's manager over-stepping his limit by a LONG shot. I don't see how Dana/UFC could have accepted that.
In the end, we're all screwed.
However, that still doesn't change that the other night was not a good one for Dana or UFC. After the embarrassment that was Elite XC on network TV...CBS and Strikeforce/M1 saved any future of MMA on network TV with that fight.
[This message has been edited by J Peterman (edited 11/9/2009 11:19a).]