Jon Jones (photo via Al Bello/ Zuffa LLC)

By FCF Staff

On Tuesday it was announced that Jon Jones has been stripped of the UFC’s light-heavyweight title, following his arrest this past weekend, and now the fighter has reportedly lost one of his biggest sponsorships.

According to reports, the sporting goods giant Reebok has terminated its sponsorship of Jones, following his alleged involvement in a hit-and-run accident in Albuquerque.

ESPN sport business reporter Darren Rovell was the first to report the news, and Reebok has since confirmed the move with other outlets.

Jones was scheduled to fight Anthony Johnson at UFC 187 on May 23rd, but as a result of an indefinite suspension, Daniel Cormier will battle “Rumble” for the vacant title.