Heavyweight Champion Alistair Overeem Released by Strikeforce

Jason SchielkeCorrespondent IJuly 29, 2011

In the latest and greatest surrounding the Alistair Overeem saga, it has been announced that "The Reem" has been released by Strikeforce.

According to Inside MMA, Overeem, who was Strikeforce's reigning heavyweight champion, has received a letter which cut him from the promotion.

Sources close to the situation told Inside MMA's Ron Kruck that Strikeforce had an option to eliminate the last fight remaining on Overeem's contract, and they chose to exercise that option, effective July 22.

Earlier this month, Overeem was pulled from the Strikeforce Heavyweight Grand Prix due to what was reported as a toe injury that would prevent him from fighting in September. Inside MMA also reported that Overeem was dealing with other injuries as well. On top of the broken toe, Overeem has also been battling rib and elbow injuries.

Despite being cut from Strikeforce, Overeem still plans on fighting in October for United Glory in Russia, although his opponent has yet to be named.

Also according to the report, Strikeforce officials took issue to the fact that Overeem only had one fight left on his contract. Had he defeated Antonio Silva in the Strikeforce Grand Prix and moved on to the finals, Overeem would have had to sign a new contract to participate in the tournament finals.

Stay tuned for more as the story develops.