Diaz makes his third walk to the octagon, and does so on the heels of his first UFC victory. In his most recent outing, the 34-year-old picked up a unanimous decision win against Djorden Santos at UFC 313 in March. In his promotional debut, Diaz was stopped in the first round by Mingyang Zhang at UFC Macau this past November.

Alex Pereira will have to overcome underdog status at UFC 320 if he hopes to reclaim gold from Magomed Ankalaev.