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Featherweight fighter Shane Burgos leaving UFC to sign with PFL

Shane Burgos is leaving the UFC and signing with PFL, the popular featherweight fighter announced Monday on "The MMA Hour."

Burgos fought out his UFC contract with his win over Charles Jourdain on July 16, becoming a free agent. He said he will likely compete in PFL before the end of the year in an out-of-season fight and then enter either the lightweight or featherweight PFL season in 2023.

It is a two-season contract with PFL, Burgos said. PFL season champions make $1 million in addition to their fight purses.

"I like the idea of the [season and playoffs] format being black and white," Burgos told host Ariel Helwani. "There's no gray area."

Burgos said PFL offered him a significant raise, a deal where he would make in one fight what it took him multiple fights in the UFC to make. He did not go into specifics on the numbers, but said PFL will also offer him commentary opportunities in the future, which has been a post-career goal of his. Burgos said by the end of next year, he believes here's a good chance he'll be a "multi-millionaire."

"I'm going to make the absolute most out of this deal," Burgos said. It wasn't an easy decision to leave the UFC, Burgos said. Being a UFC fighter and potential champion has been a goal of his since he was a child. But Burgos said from a financial standpoint signing with PFL was a "no brainer."

Burgos (15-3) is on a two-fight winning streak. The New York native has won four $50,000 Fight of the Night bonuses in his last 10 fights and is known as an action fighter. Burgos, 31, has won five of his last seven bouts overall.