In news that will delight UFC fans around the world, Joe Rogan announced last evening that he has signed a one-year extension as the color commentator for the UFC.

Rogan's current deal was set to expire in August, and it had been strongly rumored that he would leave the company he joined as a backstage interviewer in 1997. 

Rogan broke the news last evening on his Joe Rogan Experience podcast when he revealed to his guest, UFC featherweight Jeremy Stephens, that he had signed a new deal.

"I signed for at least one more year," Rogan said. "I was on the fence, man. I just do too much sh*t. I'm too f*cking busy. I don't know if I'm doing myself or all the other things I do a disservice."

Rogan had previously said he would leave the UFC if the company was ever sold. However, it seems that after conversations with UFC president Dana White--and a reduction in his travel requirements--Rogan was swayed to stay in his current position.

"I had a conversation with Dana, we had a bunch of conversations," Rogan said. "What I decided to do was no more international travel. No more flying across the planet."

With Rogan no longer doing the color commentary for the international UFC events, this will open up the opportunity for the likes of Brian Stann and Kenny Florian to pick up additional work.

When Rogan was asked why he had ultimately decided to stay in his role, he cited Conor McGregor vs. Nate Diaz at UFC 196 as one of the biggest reasons why he chose to stay on.

"I was really convinced it was over," Rogan said. "UFC 196, that night was so crazy and so chaotic. I walked out of there like, 'How can I not do this? I'm sitting right there cageside for the craziest sh*t in the sporting world ever.'"

It will be business as usual this weekend, with Rogan joining Mike Goldberg July 30 to call the action at UFC 201. Robbie Lawler defends his UFC welterweight title against Tyron Woodley at the event.

​​By Jim Edwards