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Jon Jones admits loss of Nike deal wasn't caused by UFC media brawl with Daniel Cormier

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UFC light heavyweight champion Jon Jones walked back his earlier comments about losing his sponsorship deal with Nike due to his infamous brawl with Daniel Cormier.

On September 23rd, UFC light heavyweight champion Jon Jones told the Nevada State Athletic Commission that his deal with Nike was terminated following the now infamous UFC media day brawl between him and Daniel Cormier. These were his comments during the hearing:

"I've faced some punishment already," Jones told the commission during his hearing on Tuesday. "I've lost a very big endorsement of mine - one of my biggest. I've lost people who were interested in sponsoring me. Those were going to be gigantic deals."

When pressed to go into detail regarding his endorsement deal, Jones would only mention that it was his "Nike deal" that he had lost.

Keeping in mind that Jones was under oath at the time of this government hearing (5:40 of this video) and thus faced the penalty of perjury, Jones admitted in today's UFC 182 conference call that the brawl had nothing to do with Nike dropping him. Here are the important quotes via MMA Fighting:

In essence, Jones knowingly committed perjury in his September NSAC hearing with this confession today.

Bloody Elbow will have the full conference call recap later this evening. You can listen to the call by clicking "play" at the top of the page. Later in the week, we will also provide follow-up on any potential repercussions for Jones by the NSAC after walking back his previous statements about the end of his Nike deal.