Bout agreements are not signed, but both sides are interested in the rematch. TMZ reported that the bout is targeted for UFC 256 on Dec. 12.
The UFC is looking to book the rematch as the next bout for both Masvidal and Diaz, but a date has not been set. The fight could also take place in January, per sources.
Masvidal and Diaz squared off last November in the main event of UFC 244 at Madison Square Garden for the inaugural BMF Championship. Masvidal (35-14) defeated Diaz via TKO when ringside physicians stopped the bout after the third round due to a facial cut. Diaz protested the stoppage.
Masvidal, of Miami, went on to challenge Kamaru Usman for the welterweight championship at UFC 251 last month in Yas Island, Abu Dhabi. Masvidal accepted the fight on short notice after Usman’s original opponent, Gilbert Burns, was forced off the card at the last minute due to a positive COVID-19 test. Masvidal lost via unanimous decision.
Diaz (20-12) has not fought since the loss to Masvidal. The 35-year-old welterweight fought twice in 2019 after a three-year layoff. He defeated Anthony Pettis in August of 2019 before losing to Masvidal in November.