MMA Weekly is reporting that Cain Velasquez will face Antonio Rodrigo Nogueira at UFC 108:

The list of UFC heavyweight title contenders is about to get shorter. Antonio Rodrigo Nogueira is set to face Cain Velasquez on Jan. 2 at UFC 108 in Las Vegas.

MMAWeekly.com sources on Wednesday confirmed the bout has been agreed to. It was initially reported by Tatame.com.

The winner between Nogueira and Velasquez is likely to get the next shot at the UFC heavyweight championship.

After losing the interim UFC heavyweight title to Frank Mir at UFC 92, Nogueira (32-5-1) returned with an impressive victory over UFC Hall of Famer Randy Couture at UFC 102 in August. The win immediately put his name back in the hat of contenders to the belt currently held by Brock Lesnar.

Good matchup for the event, but Velasquez is making a *huge* step up in class to face Big Nog. Aside from his UFC loss to Frank Mir when Nogeuira was suffering from a recent staph infection, he’s only lost to Dan Henderson early in his career, Josh Barnett (via split decision) and twice to Fedor Emelianenko. Velasquez is a brutally talented fighter and if he’s able to knock off one of the best heavyweights in the sport in Nogeuira he really *is* the real deal.

Nogeuira vs. Vasquez at UFC 108 @ MMA Weekly