K-1 Readying Dynamite!! Minus Fedor

K-1 has a press conference scheduled for Saturday, Oct. 18, in Japan regarding its Dynamite!! 2008 event. This is K-1’s big year ending New Year’s Eve event, which is typically the promotion’s biggest MMA event of the year.

The promotion had started pushing a possible year-end bout featuring the world’s No. 1 ranked heavyweight in Fedor Emelianenko, who is extremely popular in Japan.

Fedor, however, has a contract with Affliction Entertainment in the U.S. His Affliction contract does allow for Fedor to fight elsewhere, especially outside of the U.S. Affliction though has partnered with Oscar De La Hoya’s Golden Boy Promotions and has Fedor vs. Andrei Arlovski slated for the new partnership’s debut event, tentatively planned for Jan. 24 at the Honda Center in Anaheim, Calif.

Such a high profile bout would have to keep Fedor out of any New Year’s Eve battles, because it would be extremely risky for Affliction and Golden Boy to put all of their marketing efforts into Fedor vs. Arlovski, only to have Fedor get injured on New Year’s Eve.

So far, details of what K-1’s plans are for New Year’s Eve have been scarce at best, but are likely to come into the light on Saturday.