UFC fines Jon Jones $25,000 for code of conduct violation, issues statement on positive drug test

Ultimate Fighting Championship (UFC) handed down a $25,000 fine to light heavyweight champion Jon Jones, who violated the promotion's code of conduct policy (read it here) when he tested positive for cocaine metabolites prior to his UFC 182 title defense against Daniel Cormier.

From UFC.com:

The UFC announced today that it has fined light heavyweight champion Jon Jones $25,000 for violating the organization’s Athlete Code of Conduct policy. Jones tested positive for cocaine during an out-of-competition drug test conducted by the Nevada Athletic Commission on Dec. 4, 2014. The $25,000 will be donated to a substance abuse prevention program.

The UFC came to this decision after reviewing the facts surrounding the issue, and after receiving confirmation from the Nevada Athletic Commission that Jones passed all required drug tests following his bout at UFC 182 on Jan. 3.

Jones will present his side of the story during a televised FOX interview on Monday night.

While the reigning 205-pound kingpin was hit in the pocketbook by his employer, he'll suffer no consequences from Nevada State Athletic Commission (NSAC), who still hasn't explained why it tested him for a substance that was not banned out of competition (more on that here).

Results of his post-fight drug test, as well as those for the rest of the UFC 182 fight card, are pending.