Jon Jones' Nike Endorsement Officially Terminated: Latest Details and Reaction

After Jon Jones declared that his Nike endorsement deal was terminated because of his brawl with fellow UFC fighter Daniel Cormier, the prominent corporation confirmed it is no longer backing the MMA star.

Darren Rovell of ESPN reported Tuesday that Jones was indeed no longer endorsed by Nike and also analyzed the potential reasoning behind the decision:

The brawl between Jones and Cormier occurred Aug. 4 in a promotional press conference for UFC 178 at Las Vegas' MGM Grand Hotel and Casino. As reported by ESPN.com's Brett Okamoto on Tuesday, both fighters were fined and ordered to complete community service.       

Okamoto cleared up a key stipulation of Jones' punishment, which was determined by the Nevada State Athletic Commission:

Jones, who was assessed a $50,000 fine and 40 hours of community service, took to Twitter to share his thoughts on the commission's decision along with his Nike endorsement termination—which wasn't confirmed until Wednesday:

Rovell alluded to some of the other scandals in the sports world that have caused Nike to part ways with several big names in recent weeks:

Jones and Cormier are set to tangle at January's UFC 182, a highly anticipated showdown that has only been hyped more by their animosity and hostility toward each other.

Cormier is 15-0 in his MMA career, while Jones (20-1) has just one loss, a disqualification against Matt Hamill in December 2009. Something will have to give in the fight, and it figures to be among the most intense in recent UFC memory.