The news broke via Twitter.
UFC Tonight @UFCTonight
Jones says since he feels that he decisively won the fight and isn't sure if @AlexTheMauler should get an immediate rematch.
Further reports were even more emphatic - no rematch for Gus.
“[Jones) told me he did not break his foot. It's just a deep bruise and he should be good to go in a few weeks," said Ariel Helwani on UFC Tonight. "Right after the fight, [Jones] thought the most fair thing to do was to grant Alexander Gustafsson a rematch. Now, after watching the fight over ten more [times], Jones thinks he decisively won rounds two, four and five and that he decisively won the fight, so the most fair thing to do is to move on."
UFC president Dana White will meet with UFC co-owner Lorenzo Fertitta to discuss who is next for Jones, but it does not look like it will be Gustafsson.