Russian heavyweight Fedor Emelianenko will shed some light on his fighting future at a news conference in Anaheim on Wednesday.

The mixed martial arts star was to have featured in the main event of the Affliction "Trilogy" card at the Honda Center on Saturday. But the card was cancelled last Friday in the wake of Emelianenko's opponent, Josh (The Babyfaced Assassin) Barnett testing positive for steroids.

"Since the cancellation, there has been a great deal of speculation regarding Fedor and M-1," Vadim Finkelchtein, whose M-1 Global fight company manages the Russian, said in a statement. "On Wednesday, the media and fans will be able to hear what's going on with Fedor from the man himself."

The UFC is interested in signing Emelianenko (30-1 with one no contest), considered one of the top pound-for-pound fighters in the world, but only on its terms. The UFC demands exclusivity for its fighters, something the Emelianenko camp has shied away from.

UFC president Dana White has said should Emelianenko sign, he would face UFC heavyweight champion Brock Lesnar in his first fight. He has also said the UFC now will only negotiate with the fighter himself.

Emelianenko's management noted in its news release that the Russian has already beaten five former UFC heavyweight champions. Those would be Andrei Arlovski, Tim Sylvia, Mark Coleman, Kevin Randleman and (interim champion) Antonio Rodrigo Nogueira.