In what has the potential to be the biggest news item of the year in the world of mixed martial arts and PPV, according to Los Angeles Times reporter Lance Pugmire, the UFC is close to signing Fedor Emelianenko, the best heavyweight fighter in the world. With Affliction going down and UFC buying out the company, the possibility of signing Fedor increased significantly. Dana White said there will be a few major announcements made on Friday through a press conference. To read Pugmire’s article on the LA Times‘ website, click here.