It’s official, Bellator MMA has re-signed one of their biggest superstars. Now, Michael Chandler reveals the ‘reasons’ why he decided to re-up with the Scott Coker-run promotion.

Chandler openly entertained the idea of signing with the UFC. In the end, he opted to stay right where he has been in Bellator. “Iron” Mike explained his reasoning on “Ariel Helwani’s MMA Show”:

“Millions of reasons, you’ve got millions of reasons I signed with Bellator. Not the least of which is the fact that it’s a great organization and they have taken great care of me for the last almost decade.”

The 32-year-old Chandler would not reveal the financial terms or number of fights on his newly-signed deal. He did suggest that the deal is for far less than one would think.

Chandler then stated that these next ‘two’ fights are very important. That lead some to speculate the deal may be for two fights.

“I can tell you its for a lot less than you think it is. That’s good, it’s always good to have options. It’s always good to continue to commit to this contract, commit to this commitment I made to Bellator.”

“I’m still a young hungry champion in this sport. And I got a lot of good years probably left in me and I’m excited for these next couple of fights to really showcase my skills.”

Mike Straus @AKAstraus21 is a credentialed MMA journalist and a member of the MMAJA. He has been a fan of the sport since its inception and has been covering the sport professionally for three years. In the past, he has produced content for Fansided's Cagepages, mma-media.com, and Combatpress.com. He currently contributes for MyMMANews.com, he is a staff writer for Cagesidepress.com, and LowKickMMA.com. He most recently began writing for BJPenn.com.