The Ultimate Fighting Championship is parting ways with longtime veteran Alex Oliveira.
The promotion elected not to re-sign the 22-time Octagon competitor after Oliveira completed his current contract in a second-round TKO defeat to Kevin Holland at UFC 272 on March 5. MMAjunkie.com was first to report the news.
Oliveira exits the Las Vegas-based organization on a four-bout skid, falling to Holland, Niko Price, Randy Brown and Shavkat Rakhmonov in his last four outings. The 34-year-old Brazilian known as “Cowboy” went 11-10 with one no contest over the course of a UFC tenure that began in March 2015.