Right now, the current champion is Dominick Cruz.
However, he will be facing Urijah Faber again after their stint on The Ultimate Fighter.
As dominant as Cruz is—and he certainly may hold his title for the year—the prediction is that Faber gets the better of him in their rubber match.
They both fought long ago, and both have evolved and are different fighters now.
However, they fought each other last July, which went to a decision.
There is a small edge to Faber in the fact of his knowledge of Cruz’s style. Cruz does not tend to change much, as he is predictable in his footwork.
But being predictable doesn’t make it ineffective. Faber may learn what he needs to do to win, or to counteract Cruz’s movements in order to obtain a decisive victory.
Faber will win the title, and will be challenged by either a re-established Bowles, or possibly Miguel Torres.
If it is Bowles, Faber will keep the title.
However, the bigger challenge comes from Torres, who will have a significant reach advantage.
For an official prediction, Faber will be king by the end of the year, with a side mention of Torres.