UFC releases 170-pound John Howard

On the heels of his third consecutive defeat, John Howard has been released by the UFC.

The 170-pound fighter announced the news on a video posted to his Twitter account Monday, adding he intends to continue his mixed martial arts career, likely with Bellator Fighting Championships or Dream.

"I got released today," Howard says on the video. "They finally announced it. The only thing I can say is, it is what it is. You get three straight losses in the UFC and this is what happens. I'm not too mad about it.

"My plans right now are go to Bellator or Dream. Make some money. Right now, I'm a UFC veteran. I'm going to make money off that."

Howard (14-7) had won his first four fights with the promotion before hitting the skid. He suffered a third-round TKO loss to rising welterweight contender Jake Ellenberger in August 2010 and came up short in a unanimous decision loss to Thiago Alves at UFC 124 in December.

His most recent setback came via unanimous decision at the hands of Matt Brown during the main card of last month's UFC on Versus event in Pittsburgh.

In the video, Howard, 28, thanked the UFC for the opportunity, which began with his first fight in the organization in 2009.

Brett Okamoto covers mixed martial arts for ESPN.com.