The first of three articles looking at the UFC's finances. In part one we use reports from various...

Chris Weidman is now the newest member of the Reebok family, as the Ultimate Fighting Championship (UFC) middleweight champion announced the news during his stop at The MMA Hour studio in New York earlier today (Mon., Oct. 19, 2015).

To his surprise, Weidman was presented with his very own customized shoe, which was decked out in the American flag decor. And if you're wondering why it took so long for the 185-pound champion to get a deal with UFC's biggest sponsor, Lunardelli explained why.

"We literally wrote down our top roster of who we wanted. The first day we came into this thing, he was at the top of the list. We had Ronda, Conor, and Anthony and he was on the list, but he had another deal and we had to wait for that deal to end. We've been patiently waiting. He would have been one of our first signings. We obviously have a UFC deal with the entire organization which we signed in December. So all 580 fighters are wearing their Fight Kits and they are coming out with Reebok gear; we got that covered. This is, we go out and sign a few fighters that activate around the Reebok brand, our combat training business. And we picked a roster of fighters that we work with and Chris is one of those people on that roster. We made a custom shoe for Chris, and we can do the same for any of our fighters. We've done this already for a couple and there will be more coming."

LINK: UFC 194: Chris Weidman signs sponsorship deal with Reebok, lands customized sneakers (pic) - MMAmania.com

A popular UFC heavyweight is calling it quits.

Soa Palelei, who gained...

In a very emotional video posted on the WSOF Facebook fan page, Newell detailed why he feels it's time to step away from the fight game. You can check out the video along with our transcription below.

"You know, I'm only 29-years-old, but I want to have a future, I want to be able to have a good body when I get older. One day, I'd like to have kids and be able to play with them. I know that's kind of an extreme thing, but I didn't get to where I am today by just being a natural.

I'm sorry, this is very emotional for me. I got to where I am from hard work, and that takes a toll on your body. These past couple training camps have been really hard for me, and just really hard on my body. It's just...it's just my time. I don't want to be a guy that just fights for a...for a paycheck [obviously overcome with emotion at this point].

I want to be a guy that fights because he loves it. I don't want to cheat myself of my best performances, and I don't feel like I'm the fighter I could be, because my body is just not reacting the same way it used to. I just don't have it in me anymore, so this is my last one, a hometown fight that I won. It wasn't the most beautiful thing in the world, but I didn't really get to train much for this fight. It was injury after injury. I had terrible luck, and uh, it's time."

WSOF: Nick Newell explains retirement in emotional video interview - Bloody Elbow

An undisclosed injury has scratched UFC heavyweight Stipe Miocic from next week’s UFC Fight Night 76 co-headliner, and a replacement search is underway.

Miocic’s manager, Greg Kalikas, told MMAjunkie via text that the fighter suffered an injury, though one that was “not serious, just bad timing.” He added Miocic, who canceled an interview on today’s episode of MMAjunkie Radio, should be able to compete before the end of the year.

LINK: Stipe Miocic out of next week’s UFC Fight Night 76 co-headliner with Ben Rothwell | MMAjunkie