Ortiz, who fulfilled his contract with the UFC at UFC 84 "Ill Will" in May, spoke about his status on Friday's episode of "Inside MMA" on HDNet.
"I have to make sure I make the best business decision for my future," Ortiz said. "I've been doing this for 11 years now. I still have 5-6 years ahead of me to compete, and I want to make sure it's going to be a company that's going to back me, they're gonna support me, and leave it for the best that I've been working this far to get."
The three main options for Ortiz are EliteXC, Affliction and the UFC.
"Affliction, a possibility, EliteXC, a possiblity, the UFC, a small chance of that happening. Things between me and Dana White, I'm shoving them off and I'm going to wash my hands and I'm going to make sure my future will be very, very great."