Finally Fedor's fighting a top guy again:

Top ranked heavyweight Fedor Emelianenko will fight Tim Sylvia on July 19. The Russian mixed martial arts champion confirmed the bout to Sherdog.com on Tuesday.

"[Sylvia] is a good fighter, a strong fighter, the former UFC heavyweight champion, which is important," Emelianenko said via telephone from Stary Oskol, Russia. "I am looking forward to fighting him and training hard for this fight."

While Emelianenko was short on details, Sherdog.com has learned through sources close to the negotiations that Fedor-Sylvia would headline a card tentatively scheduled for the American Airlines Arena in Dallas, the home base of HDNet Fights.

Attempts to confirm the fight with HDNet went unreturned, however sources indicate the bout will air on the Mark Cuban-owned network and is rumored to be promoted by Affliction, a clothing brand closely tied to MMA.

Update [2008-4-8 21:4:56 by Luke Thomas]:: Sam Caplan does some digging and gives us an update:

The MMA Weekly and Sherdog reports vary slightly, as Sherdog quotes Fedor as confirming the fight while MMA Weekly quotes Sylvia’s camp as saying nothing has been signed.

As of Tuesday evening, all indications made to FiveOuncesOfPain.com (www.FiveOuncesOfPain.com) were that a deal had yet to be signed but could be finalized shortly. Sources also indicate that while HDNet could be involved, the initial airing of the event would most likely take place on pay-per-view. We have also learned that a very strong undercard is being planned for the event as well.