
The UFC said on Tuesday that news would be broken at a Friday conference call, and the Times report, which cites unnamed sources, says that UFC president Dana White will make the announcement that Fedor has been signed.
However, rumors of Fedor's imminent signing with the UFC have arisen before, and in the past those rumors have turned out to have no merit. The Los Angeles Times report came just hours after Fedor's promotion, M-1 Global, announced that Fedor will hold a press conference on Wednesday. It seems odd, to say the least, that Fedor and the UFC have scheduled separate media events if they're about to announce that they have joined forces.

UPDATE: An M-1 official has denied the Los Angeles Times report.