Dana White and the Fertittas to hold press conference today (Tuesday)

ufc press conference
UFC President Dana White and majority owner of the Ultimate Fighting Championship (UFC), Lorenzo Fertitta, will today hold an online press conference at 1 p.m. to address the recent resignation of UFC Heavyweight Champion, Randy Couture.

Here's the snip:

"Dana White, UFC President and Lorenzo Fertitta, UFC co-owner will hold a press conference Tuesday, October 30, to address recent statements made by Randy Couture, and answer questions for the media."

The press conference will be streamed live at 4 p.m. ET via UFC.com.

Earlier this month "The Natural" abruptly faxed in his resignation from a movie set in South Africa. Since he has returned to the United States the bizarre situation has turned into mudslinging and muckraking.

Money, a perceived lack of respect and the failure to sign Fedor Emelianenko are all factors that contributed to the Couture resignation. In fact, he has even labeled the Fertittas and White as liars in regard to his compensation.

Just last week, White took the high road during a teleconference that coincided with a Couture press conference, refusing to criticize Couture for his decision and blaming it all on his "Hollywood agent." He even claimed that Couture was still the division champ until he heard the news from Randy himself face-to-face.

Perhaps that discussion has taken place, which is the reason for the latest press conference later this afternoon. Or, the recent brouhaha that involved Couture and his wife on the X-Treme Couture MMA Blog was the final straw.

We'll find out soon enough. But one thing is certain: The drama is far from over -- especially since Couture still has two fights/nine months remaining on his contract.

Good times.

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