Jon Jones Says He'll Respect 1 Year Ban

Jon Jones says he is "very pleased" arbitrators in his doping case found that he's "not a drug cheat" -- despite the fact he tested positive for 2 banned substances.

After the UFC star failed a drug test in June, he faced a 1-year ban from the U.S. Anti-Doping Agency. The case went to an independent panel of arbitrators which determined his fate.

Although he was given the max punishment, Jones is taking solace in the fact arbitrators believed his story about innocently taking a sexual enhancement tablet that contained banned substances.

Jones had claimed he relied on his teammate who said it could enhance his sexual pleasure -- and admitted he didn't properly clear the pill with USADA.

In the docs, the arbitrators called his actions "reckless" -- but ultimately decided he is not a "drug cheat."

Now, Jones has issued a statement saying, "Being cleared of these allegations was very important to me."

"I have always maintained my innocence and I am very happy I have been cleared in any wrong doing pursuant to the allegations made that I had intentionally taken a banned substance."

"I have worked hard in and outside of the octagon to regain my image and my fighting career and will take these next eight months to continue my training and personal growth both as a man and a athlete."