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Jeremy Stephens to fight outside of UFC (updated)

UFC lightweight fighter Jeremy Stephens is scheduled to fight on July 28 for the Full Contact Fighting promotion. Stephens, who lost in his UFC debut a few months back, is still believed to be contracted to Zuffa but is being allowed to fight outside of his contract. However, if he loses, he will risk having his UFC contract terminated.

Updated: is reporting that Stephens is on temporary leave from the UFC at the urging of UFC V.P. of talent relations Joe Silva and will be fighting Nick Walker on July 28 at a Midwest Cage Championship event. With a win, Stephens could return to the UFC as early as September.