First Round Management announced on social media that it had reached a mutual agreement with Jon Jones to part ways after working together for 11 years.

The former light heavyweight champ confirmed the news on his Instagram account and said he wishes nothing but success for the Malki Kawa-owned management firm.

How would this impact Jon Jones vs. Francis Ngannou?

The development comes after Jon Jones engaged in public negotiations with the UFC regarding a potential super-fight with UFC heavyweight champion Francis Ngannou. According to Malki Kawa, though, First Round Management was never involved in a Jon Jones-Francis Ngannou negotiation in the first place.

UFC president Dana White recently revealed that Jon Jones was asking $30 million for a matchup against Francis Ngannou. However, Jon Jones denied White’s claims in a tweet earlier this week:

Jon Jones is left without a management team and a UFC return date at the moment. He last saw action in the octagon against Dominick Reyes at UFC 247 in 2020, a fight ‘Bones’ won via unanimous decision to retain the UFC light heavyweight title.

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