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Nate Diaz has opened up as an underdog against a fellow fan favorite in Mike Perry.

Nate Diaz has opened up as an underdog against a fellow fan favorite. Nate Diaz vs. Mike Perry preview Diaz (22-13) amicably parted ways with the UFC after submitting Tony Ferguson in September 2022 .

The former UFC title challenger expressed interest in making his octagon return this year but wound up signing to fight Mike Perry in a five-round welterweight bout under Jake Paul's Most Valuable Promotions. Since leaving the UFC in 2021, Perry (14-8) has shined under the BKFC banner, where he beat the likes of Michael Page, Luke Rockhold, Eddie Alvarez, Thiago Alves, and most recently Jeremy Stephens . He currently holds BKFC's "King of Violence" title.

Both Perry and Diaz have lost to Paul in boxing matches. Nate Diaz vs. Mike Perry odds Oddsmakers see the fight as an uphill climb for Diaz.

According to BetWay, Perry is a moderate -225 favorite over Season 5 "Ultimate Fighter" winner Diaz, who is a +175 underdog. How to watch Nate Diaz vs. Mike Perry When: Saturday, May 16, 2026 Where: Intuit Dome, Inglewood, Calif.