Eddie Alvarez’s see-saw relationship with Bellator could come to an end next month.

Alvarez, a two-time Bellator lightweight champion, appears ready to exit stage right no matter how his upcoming bout with Michael Chandler pans out.

Chandler and Alvarez will meet for a third time on May 17 in the main event of Bellator’s inaugural pay-per-view. According to MMA Weekly, following the trilogy with Chandler, Alvarez plans to leave the fight promotion.

“You’ve got Eddie Alvarez who has, win or lose, made the determination that he’s going to move on from this promotion. If he wins, he can write his own ticket. If he loses, he’s putting himself in a lot of jeopardy. He’s got a lot at stake,” Spike TV president Kevin Kay told MMAWeekly.com on Tuesday. “I don’t know if it’s set in stone, but I’ll tell you what I know which is if Eddie wins this fight I think that in his head he’s leaving the promotion. I think he’s going to want to explore what his value is.”