UFC lightweight champion Frankie Edgar will get the chance to avenge the only loss of his MMA career when he takes on undefeated Gray Maynard.

It is being reported that the two will meet on New Year's Day at the MGM Grand Garden Arena in Las Vegas.

The first fight between Edgar and Maynard took place in April 2008, with Maynard taking the bout by unanimous decision. Since that 2008 loss, Edgar (13-1) has been on a five-fight winning streak, including beating B.J. Penn for the title at UFC 112 in April 2010. Edgar was also victorious in a rematch with Penn in August at UFC 118. 


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Maynard will bring a 10-0 record into the bout; his most recent victories have been over Roger Huerta, Nate Diaz, and Kenny Florian.

Word of the fight leaked late on Wednesday night and the early odds have Maynard listed as the favorite.