Jon Jones reinstated to UFC roster

After serving a suspension for his role in a hit-and-run accident in April, former UFC light heavyweight champion Jon Jones has been formally reinstated to the promotion's active roster.

At this point it's unclear when Jones will make his return to the Octagon, but it's likely he'll be fast-tracked into a title shot against Daniel Cormier.

"We've made it clear to Jon that this new opportunity to compete in UFC is a privilege and not a right, and that there are significant expectations we have regarding his conduct moving forward," UFC Chairman and CEO Lorenzo Fertitta said. "We're happy to read and see reports that he has embraced the terms of his plea agreement and is using this experience to grow and develop as a person."

Jones, who avoided jail time with a plea agreement that involves 72 appearances doing charity work and speaking engagements, is happy to get back to the sport that made him a star.

"I am grateful for the opportunity to resume my career and I am excited to show how much I've grown as a person outside of the octagon," Jones said in a statement on his Facebook page. "It took me losing almost everything I had worked for to realize how much I had. I am blessed and humbled by the continued support of the MMA community and I can't thank my fans enough for their unwavering support through my ups and downs. This marks the beginning of a new chapter in my life and my career and let me assure you, the best is yet to come."

Already a pound-for-pound great, Jones is the most dominant champion in light heavyweight division history, successfully defending his title eight times over a four-year span.