Last year, Zach Arnold at FightOpinion requested my presence on one of his radio shows that talked about the announcement regarding Sibling Sports buying M-1 Mixfight and creating a new global mixed martial arts promotion known as M-1 Global. In that discussion, the question came up as to how many actual events will M-1 Global be able to pull off before folding. Unlike myself, Zach was very skeptical as he always is about these new promotions, and my excitement over Fedor Emelianenko actually fighting blinded my vision. Zach figured that maybe one event would happen before the bolts would begin to unscrew, and it seems that his prediction has come true. He was right, and now more news is coming out that supports the idea of M-1 Global going down.

In surprising news, Fedor Emelianenko apparently only signed a letter of intent with M-1 Global and never signed an actual contract with terms. I can't begin to contemplate what was going through Sibling Sports' CEO Monte Cox when he heard about this news. He either knew about this, or was once again completely in the dark regarding the news. Sherdog.com reported that Cox declined to comment which points my thoughts toward Cox possibly being bewildered at what's going on.

First rule in contract law: You have to actually sign someone to a contract for law to actually apply. M-1 Global really has no way to keep him in the promotion or commit him to any terms that they may have reported in the past. The only stipulation reported was the return of the $1.5 million dollar signing bonus, which Fedor will likely return in order to pursue other opportunities.

I'll focus on Fedor's potential in another piece, but for now, what's going to happen to M-1 Global? I'm going with Zach Arnold's Nostradamus prediction that the promotion will likely fold soon. Small time profits in Europe don't seem to be the aim of the promotion, and it looks like Monte Cox is running the same small time promotion he did in Iowa only in Europe. I highly doubt it will last much longer without any names to put into the promotion or attract for televised events.

We could see a M-1 Global collapse by the end of the year.