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Former lightweight champion BJ Penn will look to win his third match against Matt Hughes which will take place at UFC 123. While a victory won’t bring Penn much besides personal satisfaction and bragging rights, a loss to former welterweight champion Hughes would certainly continue his downwards spiral and in a big way. Hughes could vault himself into the mix with a victory over Penn, especially as he’s riding a three fight win streak already. We can’t wait for this one to go down.