As reported yesterday, Mirko Cro Cop is going to be in Japan today at a press conference to make an announcement regarding his future. What we didn’t know was what the announcement was going to be, but now Dave Meltzer from the Wrestling Observer is reporting that Cro Cop is going to be at a press conference that’ll be held by FEG. The Fighting Entertainment Group (FEG) actually owns K-1 and its sub-division HERO’s. FEG was going to hold a press conference today prior to the Cro Cop announcement but now it only makes sense that he would be in Japan today.

A translation of K-1 HERO’s official website says, “big-time athletes are scheduled to fight in an emergency visit to Japan” and by “fight” we assume that it actually means appear at the press conference.

I’m sure you’re all wondering “isn’t Mirko Cro Cop under contract with the UFC?” The simple answer is yes, but Meltzer is reporting that the UFC has been in the process of attempting to restructure Mirko’s contract which would force him to take a paycut. Obviously nobody would willingly give up money so it looks like the UFC may let the former PRIDE open weight Grand Prix champion out of his six-fight deal after only three fights.

We’ll have more details on this situation as we get it, but for now it looks like the next Mirko Cro Cop fight we’ll see will be in a ring and not a cage.