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Most will tell you that Diaz should immediately fight Carlos Condit. And that fight makes sense too, but it is not the fight the fans want most.
When Diaz signed on the dotted line and subsequently defeated BJ Penn it was all about Diaz vs. GSP. It is the most coveted fight in the sport sans Sonnen vs. Silva.
GSP and the UFC have highlighted a late 2012 return for the champion, and Condit shouldn't be sitting on the shelf for that long. Allow Condit to defend the the interim championship against any number of the contenders that sit behind him. Allow the legal system to work out the details of Diaz's return which should put the highly anticipated fight on the right timeline.
If Martin Kampmann is able to get past Jake Ellenberger, you can dangle that piece of rematch meat in front of Condit to satisfy him. Besides, a four-man tournament worked for the heavyweight division when Randy Couture returned from his lengthy contract dispute.
This is the ideal solution. Despite the contention from purists saying Diaz does not deserve the title shot, this is still entertainment. Fans are clamoring for this fight. GSP desperately wants it too. As does Diaz. It will sell.
Why potentially ruin it when it is preferable to keep Condit active anyway? Diaz is currently inactive due to his situation and GSP is nursing his knee. Condit can stay active and return in the late summer or early fall to defend the interim crown.
It makes the most sense and satisfies almost everyone. Let's send the cameras to Stockton and Montreal and begin taping UFC Primetime: Diaz vs. St. Pierre and enjoy one of the best match-ups of the year.