The Nevada State Athletic Commission handed Wanderlei “The Axe Murderer” Silva (35-12-1, 1 NC) an indefinite ban from MMA competition and fined him $70,000 USD today.

The fine represents a 35% amount from his $200,000 USD payday for his canceled UFC 175 bout with Chael Sonnen.

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Silva recently put out a YouTube video announcing his retirement and criticizing the UFC.

It is expected that Silva will appeal the decision.

MMA Crossfire – NSAC bans Wanderlei Silva, adds $70,000 fine