Matt Hughes vs. B.J. Penn III slotted for UFC 123

With another lightweight title shot not on the horizon, B.J. Penn will return to the welterweight division to complete a trilogy of fights with Matt Hughes.

The fight takes place in November at UFC 123 and could serve as the night’s co-main event, a …

With another lightweight title shot not on the horizon, B.J. Penn will return to the welterweight division to complete a trilogy of fights with Matt Hughes.

The fight takes place in November at UFC 123 and could serve as the night’s co-main event, a source close to the negotiations told MMAjunkie.com.

Hughes first hinted at the matchup in a Tuesday blog post, which prompted reports of the Penn booking.