White tweeted on Monday that a new deal was done for Diaz, who has one fight remaining on his current contract, but Gracie says the sides have yet to agree on the number of fights.
“We agreed with the principles of it,” he said. “Usually, we do four-fight deals, and they want a longer contract.”
Diaz is currently the no. 1 contender in the UFC lightweight division after submitting Jim Miller in the main event of UFC on FOX 3. Instead of taking an interim fight, Diaz has elected to wait for the winner of Saturday’s title bout between Benson Henderson and Frankie Edgar at UFC 150.
The date of Diaz’s title shot won’t be set until after that fight, but Gracie would like to see it happen at the end of the year.
“Best-case scenario would probably be it happening in December,” he said. “But it depends. Frankie Edgar gets hurt a lot. A guy like Ben Henderson, he’s such an athlete, and that guy is more sturdy, and he wants to get back in there.
“So if Henderson were to win, and he’s relatively healthy, we’re looking at the end of the year.”
With Nate Diaz’s future apparently set, Gracie also spoke to the UFC about Nick Diaz, who remains under suspension with the Nevada State Athletic Commission following a second positive drug test for marijuana.
Gracie said that unless Diaz is able to free himself of the suspension, he will remain on the shelf until the term is up.
“Theoretically, if a judge says he’ll look at it and it will take a couple of months, he could put a stay on the suspension,” Gracie said. “And at that point, Nick would be more than free to fight. But that’s an if.”
Both Diaz brothers, however, should be under the UFC’s roof for the foreseeable future.
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