The following is a UFC press release issued earlier today:

Lights Out” in the Octagon; UFC Signs Toney
He’s one of the premier boxers of the last 25 years, a future Hall of Famer who has won world titles in three weight classes while taking on a Who’s Who of the sport, including fellow champions Evander Holyfield, John Ruiz, Hasim Rahman, Vassiliy Jirov, Roy Jones Jr., Mike McCallum, Iran Barkley, and Michael Nunn. But there is one more mountain left to climb for James “Lights Out” Toney, and that’s to show if he can defeat the mixed martial arts warriors of the UFC.
So later this year, UFC President Dana White is prepared to give Toney his shot, signing the boxing superstar to a multi-fight contract this week to compete in the UFC.

If I was a contracted UFC fighter, I would be severely angry that Toney is taking one dime away from real MMA fighters. Horrible decision.