In a long-awaited move by Bellator CEO Bjorn Rebney, former Lightweight champion Eddie Alvarez has been released by the company, though they still hold the right to match any contractual offer tendered to him. There has been much hype concerning Alvarez's next move, as many consider him a great 155 lb. contender. Many are anticipating just how he will respond to the talent at the top of the stacked UFC Lightweight division. According to MMAInterviews.com, Alvarez addressed the situation at last weekend's WSOF 1 with the following:

"That's not really up to me. I'm in between with my management and promotions. Bjorn Rebney was gracious enough to give us our release papers early, earlier than what we were contractually to get, he gave it to us Friday. So we're going to try to move it along as fast as possible for myself and for Bellator. We'll see. Nothing's set in stone and I'm just waiting to see what happens, letting the management and letting the promotions do their job now."

Alvarez has been training with the Blackzilian team in Florida and has a ton of momentum after his last win, an emphatic headkick knockout at Bellator 76. Dana White has spoken about his desire to get Alvarez under contract. When will he face the top competition of the UFC?

Check out the interview with Alvarez here:

"That's not really up to me. I'm in between with my management and promotions. Bjorn Rebney was gracious enough to give us our release papers early, earlier than what we were contractually to get, he gave it to us Friday. So we're going to try to move it along as fast as possible for myself and for Bellator. We'll see. Nothing's set in stone and I'm just waiting to see what happens, letting the management and letting the promotions do their job now."