Joe Rogan re-ups with UFC for another year ... with a catch

Ultimate Fighting Championship (UFC) color commentator Joe Rogan, despite his insistence that a change in ownership would result in a change of jobs, will be sticking around the world's preeminent mixed martial arts (MMA) promotion for at least another year.

The catch?

A reduced schedule (his choice) has relegated his current role to pay-per-view (PPV) only, which means opportunities for existing "Fight Night" commentator and former fighter Brian Stann, or perhaps fellow talkers Kenny Florian and Dan Hardy, among others.

"I was on the fence, man," Rogan said on his official podcast. "I just do too much shit. I'm too fucking busy. After a while I'm like, I don't know if I'm doing myself or all the different things I do a disservice. I was real close. It was like, either I'm just gonna completely bail off of this or I'm gonna figure it out."

Rogan, a successful comic and podcaster, has been with UFC since 1997.

UFC was acquired by WME | IMG earlier this year for $4.2 billion, which not surprisingly, initiated dialogue about who would stay and who would go. Part of that deal has UFC CEO Lorenzo Fertitta stepping down, while promotion president Dana White is contracted to hang around for another five years.

These could be the last 12 months of Rogan's UFC career, enjoy them while you can.