Monte Cox gives us some insight into M-1's push

by LR 10/29/2007 1:54:00 PM

Monte Cox made an appearance on the Savage Dog Show on the Sherdog Radio Network last Friday in what turned out to be a very informative interview from the perspective on an insider. Monte Cox talked about television deals, his perspective on his current conflict of interest with managing fighters, and possibilities of how M-1 plans on marketing a Russian who doesn't speak English, but speaks with loud banging fists to the face and breaking arms. Not only will we go over some of the things that were talked about, but we will analyze some of the comments and dig deep into what this possibly means for M-1

Television deals in the future

As we've known for quite some time now, a television deal is first on the list of things that M-1 Global plans to get done first. At the press conference, it was evident that a deal for the organization would lock in at least some revenues and exposure for the organization to get a foothold into the market. According to Monte Cox, M-1 Global has been seeking a deal from a number of suitors. There is no confirmation on the deal, even though there have been rumors. Cox confirmed that M-1 was still meeting with organizations on Friday and against on Monday to discuss terms of deals. He stated that on Tuesday, the organization will begin mulling over the terms of each deal and pick the best one that fits the organization. He did mention one confirmation of a rumor. ESPN is apparently in the running. As RussianMMA had thought, ESPN is in the picture, but we are not sure as to what capacity they are willing to give M-1 Global.

Here's a thought that you can all think about as far as this deal goes. ESPN is one of the only mainstream media sources that completely dedicated to sports. They've broadcast everything from the Nathan's Hot Dog Eating Contest, Summer Roller Hockey Leagues, Pool Tournaments, Bowling Championships, and World Softball Championships. They've broadcast some of the most obscure sports that don't have the fan following that the UFC or MMA in general have. Why wouldn't they think about pushing a deal to bring MMA to the mainstream? It's a possibility if you really think about it, although it seems too risky for ESPN to deal with. Let's look at this for a minute.

ESPN may have passed on the UFC for a number of reasons. We can speculate all of them along with Dana White's crude attitude, but we all know a good number of the reasons. There are a number of perks. M-1 will have  CEO who is respectable in the sport and says the right things. They will also bring a professional feel to the sport, theatrical production, and big name fights. The ring is often overlooked as well. It's the key item that people associate with boxing, and maybe it'll happen to appeal to people who follow boxing in the ring. This has been mentioned by some fans, but I doubt it'll have any effect. I haven't seen any numbers on the IFL and how many boxing fans actually watch IFL. Will M-1's professionalism, theatrical feel, and overall better representation be enough to land that type of deal? We'll find out.

Also during the interview, Monte Cox also mentioned something very odd. They were actually contemplating a reality series in the U.S. to get the fans to get to know Fedor Emelianenko. I found this unbelievably odd considering I have never seen a reality show on U.S. television that featured someone who needed a translator for the entire season of the show. Matt Hamill somewhat did, but I could actually understand him for the most part without a sign language expert and subtitles. Can a reality show really expose us to the fighter they call the baddest man on the face of the Earth? I doubt it very much. Fedor is a great fighter and says some of the most respectful things in the media, but his soft spoken nature doesn't seem to be something that will sell. What do you see on reality TV these days? Hateful judges yelling at contestants, people beating each other up, drunken guys hitting on girls and then being arrested, and Dana White asking fighters if they want to "f*cking fight". My point... reality television is riddled with violence, crudeness, and sex. That's what grabs viewers, not a soft spoken Russian who doesn't look like he can fight, but destroys people. Unless they have Fedor beating people senseless in every episode, don't count on this tactic working.

Conflicts of interest

One of the biggest issues that has come up with the hiring of Monte Cox is the conflict of interest between Monte managing fighters and dealing with managers trying to sign fighters to his promotion. The conflict of interest resides in the fact that if one of Monte's fighters wants to sign with M-1 Global, he will be in the position as to trying to get the best deal for his own fighter, but also trying to get the best deal for the promotion. Cox stated a solution in the interview. If one of his fighters becomes a free agent and there is an interest by M-1 Global to sign that fighter, Monte Cox has actually stated he would step down from the board at M-1 Global temporarily to negotiate a deal. He also stated that T.J. Thompson would be a replacement in the negotiations and act on behalf of M-1 Global. A very classy move in my eyes. Not only does he eliminate the conflict of interest, but he can maintain his stable of fighters who rely on him for management.

Will this actually work? I don't know, I guess we'll see with the prospect of Ben Rothwell possibly signing with M-1. At least it's an attempt to break the conflict of interest. Could Monte Cox do what Dana White couldn't when he became CEO of the UFC? It'll be very interesting to see.

*CORRECTION*

It's actually vice versa. Cox would step off the board, but TJ Thompson would act as negotiator for the FIGHTER.

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Comments

October 29. 2007 16:38

"If one of his fighters becomes a free agent and there is an interest by M-1 Global to sign that fighter, Monte Cox has actually stated he would step down from the board at M-1 Global temporarily to negotiate a deal. He also stated that T.J. Thompson would be a replacement in the negotiations and act on behalf of M-1 Global. A very classy move in my eyes. Not only does he eliminate the conflict of interest, but he can maintain his stable of fighters who rely on him for management."

That does not eliminate the conflict, it only ensures it will become an issue. If Monte negotiates a deal with T.J. Thompson (who I thought was part of Pro-Elite, btw) and M-1, the deal Monte makes directly affects his performance as the CEO of M-1. When Monte negotiates with other promotions, any advice he gives is colored by the fact that the fighter's decision affects what happens (directly or indirectly) to M-1. There is no way for Monte to escape the fact that he has dual loyalties as long as he is both the CEO of a promotion and a manager.

The only way to truly eliminate the conflict is to choose one job over the other.

jeff aka whaledog us

October 29. 2007 19:49

Jeff,

Yeah, I would agree actually. I think the only true way to rid himself of the conflict is by picking one over the other. Dropping 60+ fighters has to be a very tough decision though. T.J. Thompson is actually a "consultant" of Pro Elite. It was stated during the interview, but I had the feeling that Cox was still very friendly with Thompson. I'm not completely sure on that fact though. Either way, I agree with you. I've been mulling over the ways he could still be able to influence deals, even if he temporarily steps down from the board. Fact is, he'll be right back on the board once the deal is done, he will have a job with M-1 regardless, and the budget will still feel the effects of the deal and he will still be in charge. I guess it really isn't a solution.

LR us

October 29. 2007 20:18

You beat me once again (I was also writing a post about that interview)! Smile

Mikko Vedru ru

October 30. 2007 03:11

I agree with the other commenters. I do not see this as resolving a conflict of interest. Cox will be privy to confidential information from both sides in negotations and cannot truly negotiate in good faith. When M-1 starts having financial difficulty, will he really want his fighters to come there when there is a chance that they may not get paid what the are worth or maybe not get paid at all?

As CEO can he really give everything that he would ask for as a manager of a fighter? Is he going to ask M-1 for the same money and bonuses and perks that he will try and get from the UFC? The situation is ripe for the Brandon Vera incident to happen again and again if the fighters are not fully engaged in what he is discussing with all parties.





2short us

October 30. 2007 05:03

In retrospect, I highly doubt he can seperate the two temporarily to help a fighter get a great deal, especially when he knows what the numbers are for M-1 in the back of his head.

LR us

October 30. 2007 06:24

I wonder if any of Cox's fighters will complain about this, or leave for another agent. There is no way that he will be able to negotiate with M-1 or any other promoter and truly have the fighter's best interest as his one and only concern; even if he were able to compartmentalize his life like this, you don't get paid CEO money only to turn around and fatten the lineups of your competitors.

Dru Down us

October 30. 2007 19:01

I think you all got it wrong... Here is what Monte said:
"Monte Cox: Well, we’re going to make a deal where, if a guy wants to fight in M-1, that I manage, the M-1 board will negotiate an offer for him. If the fighter accepts the offer then I’m going to have to place him with somebody else. I’ll pick a promoter. I’ll pick someone that I trust who will do a good job for him. Anyone that’s going to come over – I just can’t do anything. I hate it because these guys are all my friends. But that’s fine. We’ll do that for them. On the other guys, we just don’t know yet. I leave it up to the fighters. I don’t know if you know – I do no contracts for my guys. So they’re free to go any time they want."

So Monte will not be involved in negotiations with own fighters.

Mikko Vedru ru

October 31. 2007 04:16

Yeah, it's vice versa, but the logic that it will keep the conflict of interest from sprouting up could still play on the negotiations considering Cox still knows the fighters and has dealt with them in the past. I think he should simply drop his stable of fighters

LR us

October 31. 2007 07:07


The comments about ESPN's interest in M1 are absurd. Was the article was written by an independent author or the M1 public relations staff? ESPN could have any mma organization they wanted. Any mma organization, including the UFC, would give their left testicle to be on ESPN. Why would ESPN even consider M1 when they could do so much better? This is like Rosie O'Donnell's p/r staff suggesting that Brad Pitt was contemplating marriage with her.

mmaanalystReader us

October 31. 2007 07:09

The comments in this article are purely based on the speculation that ESPN may be interested. Monte Cox commented that ESPN may be interested and in talks with M-1. It could be a public relations thing with M-1, doubtful though. I also doubt ESPN is giving them a good deal. Fact is, ESPN could give them a crap deal, but it allows for M-1 to at least get exposure and rely more on PPV numbers. I think that's a bad idea, but who knows.

LR us

October 31. 2007 19:38

>the logic that it will keep the conflict of interest from sprouting up could still play on
>the negotiations considering Cox still knows the fighters and has dealt with them in the past.
Well, that's why he got hired. He was hired because be known the industry and the people in it. And it won't change even if he drops all his fighters. He will still know fighters and it will surely influence decisions.

Mikko Vedru ru

November 1. 2007 02:27

It'd be completely different if he dropped representation of the fighter because the fighter would have representation that would only be working to better the deal for the fighter. Cox, in this case, is only temporarily out of the picture. He knows he will still be managing said fighter after the deal or non-deal. In the other scenario, he wouldn't be doing so.

LR us

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