LAS VEGAS, NV, May 17, 2004…. Zuffa, LLC, owner of the Ultimate Fighting Championship, announced that due to BJ Penn’s reported signing with the K-1 organization, Penn would no longer compete in UFC events. Additionally, Penn’s actions have resulted in him being stripped of his title.
“I am looking forward to moving on and crowning a champion,” stated UFC president, Dana White.
An announcement will be made soon regarding who will compete for the welterweight championship.