Signed by the UFC in 2013, Ronaldo Jacaré is no longer part of the organization’s athlete roster. This Thursday, the website Sherdog confirmed that the Brazilian fighter became a “free agent” after the UFC chose not to renew his contract, which ended last Saturday, when the Brazilian fought at UFC 262, in Houston, Texas and was defeated by André Sergipano in the first round.

In his last fight on his UFC contract, Jacaré spent less than four minutes inside the cage. Shortly before the end of the first round, the Jiu-Jitsu black belt world champion succumbed to a perfect armbar by Sergipano and suffered the first submission in his MMA career. Even worse, Jacare had to undergo surgery last Monday after suffering a fracture in the humerus bone that connects the scapula.

The setback was Ronaldo Jacaré’s fourth consecutive season in the UFC. The losses were from Jack Hermansson, Jan Blachowicz and Kevin Holland, respectively. At 41, the fighter has a record of 26 victories (14 of them by submission) and 10 losses in professional MMA, in a career that began in 2003.

A few years ago, Jacare said that he’d probably make more money running a BJJ academy and affiliates than fighting Pro MMA:

“I’m happy to be fighting. But I have no problem stopping fighting. I stopped competing in jiu-jitsu in 2005 when I was at the top of my career, and if I think it’s too much for me, that I’m full of it, I can stop fighting. That’s it. I can open my own gym, make as much money as I make fighting, and be happy. I have this dream of having my own gym, so I have no problem stopping fighting.”

“No, it doesn’t go through my mind to stop fighting, but if I get full of it, I can stop fighting. I can teach. I have this leverage. And I’m sure, I’ll have a lot of students. Do the math, 400 students training with me.”

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