UFC Announces UFC 323 Main Card With Two Title Fights

The final UFC pay-per-view of 2025, and perhaps ever, is set, at least the main card. That fight card, UFC 323, takes place on Saturday, December 6, at T-Mobile Arena in Las Vegas. We look at the five-fight UFC 323 main card, which was announced by the UFC during the recent UFC 322 event in New York City. Two title fights headline UFC 323.

UFC 323 Pay-Per-View Card

Merab Dvalishvili vs. Petr Yan

Alexandre Pantoja vs. Joshua Van

Brandon Moreno vs. Tatsuro Taira

Henry Cejudo vs. Payton Talbott

Jan Błachowicz vs. Bogdan Guskov

*Card subject to change

UFC 323 Main Event: Merab Dvalishvili Vs. Petr Yan Opening Betting Odds And Line Movement

When the odds were announced for the UFC 323 main event, Dvalishvili was the -400 betting favorite over the +220 Yan. The betting line has moved. Today, BetOnline has the champ listed at -500, while Yan comes in as the +375 betting underdog.

When the lines closed for their first meeting, Yan was a -286 favorite over the +200 Dvalishvili.

UFC 323 Main Event: Merab Dvalishvili Vs. Petr Yan

Merab Dvalishvili (21-4), a long-time training partner of former UFC bantamweight champion Aljamain Sterling stepped into the spotlight of the promotion’s 135-pound division in September 2014 when he scored a unanimous decision winover then-champion Sean O’Malley in the main event of UFC 306.

The 34-year-old Dvalishvili joined the UFC in 2017 as much-hyped prospect. At the time, Dvalishvili was 7-2 and had won and defended the Ring of Combat bantamweight crown.

Dvalishvili did not have a smooth start to his UFC run, losing his first two fights. Falling to Frankie Saenz by decision, and the second, to Ricky Simon, via submission. In September 2018, things clicked in place for the Serra-Longo Fight Team product, and he has not lost since.

Heading into UFC 306, Dvalishvili was on a 10-fight winning streak. Prior to his matchup against O’Malley, Dvalishvili had defeated Marlon Moraes, Jose Aldo, Petr Yan, and Henry Cejudo. The win over O’Malley stretched his winning streak to 11 straight. Dvalishvili extended that streak to 12 when he defended his title with a unanimous decision win over the previously unbeaten Umar Nurmagomedov at UFC 311.

Dvalishvili faced O’Malley in a rematch at UFC 316. O’Malley had not fought since he lost his title to Dvalishvili at UFC 306. Despite making wholesale changes to his life and training heading into UFC 316, Dvalishvili easily dispatched O’Malley in their second meeting, ending the fight in the third round via submission.

In his most recent title defense, Dvalishvili outworked Sandhagen, earning a unanimous decision win (49-45, 49-45, 49-46).

Petr Yan (19-5) is on the rebound. The 32-year-old former UFC bantamweight champion was 1-4 between March 2021 and March 2023, but has gone 3-0 with three decision wins in his past three outings.

Yan won the vacant UFC bantamweight belt by trouncing former UFC featherweight kingpin Jose Aldo in July 2020. Yan’s run with the belt was short, as he lost the title in his first attempted defense. Yan handed the strap to Aljamain Sterling in March 2021 after Yan blasted Sterling with an illegal knee that prevented Sterling from continuing.

In October 2021 Yan picked up the interim bantamweight title with a decision win over Cory Sandhagen. Yan’s next outing was a title unification matchup with Sterling. Sterling retained the belt with a split-decision win.

Yan followed his loss to Sterling with a split-decision setback to Sean O’Malley in October 2022. He then dropped a March 2023 scrap to Merab Dvalishvili by unanimous decision. Yan got back in the win column in March 2024 with a decision win over Song Yadong.

Following that victory, Yan earned a decision win over former UFC flyweight champ Deiveson Figueiredo in a five-round affair in November 2024. In his most recent outing, Yan earned a decision over Marcus McGhee in a three-round bout in July.

The former champion heads into the UFC 323 fight card as the No. 3 fighter in the official UFC bantamweight rankings.

We will have more on UFC 323, including opening betting odds for the co-main event as fight night approaches.