Rich Franklin once again defeated Wanderlei Silva by decision in another exciting fight to headline UFC 147 in Brazil on Saturday, but this fight went five rounds instead of three.

Each fighter had their moment in the contest, with Silva nearly finishing Franklin to end the second round following a flurry, but “Ace” survived and went on to dictate the rest of the fight with his crisp, technical striking.

The win was impressive for the former middleweight champion, as he took this bout on short notice and fought in Silva’s raucous home country.

Now, the question is, what is next for both men?

Franklin is still one of the best, but he isn’t quite enough any more to challenge for a title. Silva is clearly far from what he was in the PRIDE days, but still entertaining. He has become somewhat of a gate keeper in the middleweight division.

In the co-main event of Saturday’s card, Fabricio Werdum improved to 2-0 in his return to the octagon, as he ran through Mike Russow.

Werdum continued to show his improved striking, as he quickly overwhelmed the inexperienced Russow with an array of strikes. Once Werdum rocked Russow, he quickly finished up on the ground and earned the TKO stoppage midway through the first.

Werdum is making a strong case to be considered a top 5 UFC heavyweight with his two impressive showings since coming back to the UFC. Perhaps a battle with the likes of Frank Mir could be next in the cards.

For complete results from UFC 147, check out the jump

UFC 147 Results (Courtesy of MMAMania.com)

Saturday, June 24, 2012 – Brazil

190 lbs.: Rich Franklin def. Wanderlei Silva by unanimous decision

185 lbs.: Cezar Ferreira def. Sergio Moraesvia unanimous decision (TUF middleweight final)

145 lbs.: Rony Mariano Bezerra def. Godofredo Pepey via unanimous decision (TUF featherweight final)

265 lbs.: Fabricio Werdum def. Mike Russow via TKO at 2:28 of round one

145 lbs.: Hacran Dias def. Yuri Alcantara via unanimous decision

145 lbs.: Rodrigo Damm def. Medeiros Anistavio via submission (rear naked choke) at 2:12 of round one

185 lbs.: Francisco Drinaldo def. Delson Heleno via TKO at 4:21 of round one

145 lbs.: Hugo Viana def. John Teixeira via split decision

185 lbs.: Thiago de Oliveira Perpetuo def. Leonardo Mafra Teixeira via TKO at 0:41 of round three

145 lbs.: Marcos Vinicius Borges Pancini def. Wagner Campos via TKO at 1:04 of round three

145 lbs.: Felipe Arantes vs. Milton Vieira goes to a split draw

Here is a look at three different UFC events that have added to their cards.

– UFC 140 in Toronto go its main event as heavyweights Frank Mir and Antonio Rodrigo Nogueira will have their rematch. The two met back at UFC 92 with Mir handing Nogueira his first stoppage loss. Mir KO’d Big Nog in the second round. Nogueira claimed a staph infection hindered his abilities and has been seeking a rematch since. Mir has won his last two fights and looking to get back into the title hunt with a win while Nogueira is coming off his KO win over Brendan Schaub at UFC Rio. UFC 140 also added Tito Ortiz vs. Antonio Rogerio Nogueira and Brian Ebersole vs. Rory MacDonald to the lineup.

– UFC 139 picked up a big fight as middleweight Vitor Belfort will return to action when he takes on former Strikeforce champion, Cung Le. This will be a battle of perhaps the two fastest strikers in all of MMA. Le hasn’t fought since June of 2010, when he KO’d Scott Smith to avenge his only loss. Belfort is coming off a KO win over Yoshihiro Akiyama at UFC 133. This fight should come down to which fighter strikes first.

– Jon Fitch will make his long-awaited return to the octagon at UFC 141 when he faces off with Johny Hendricks. Fitch hasn’t competed since February when he had a draw against B.J. Penn. Fitch had shoulder surgery that put him on the shelf for a while. Fitch hasn’t lost since his 2008 title fight with Georges St. Pierre. Hendricks has one loss in his career, to Rick Story back in December of 2010. He has won his last two fights, but is facing the toughest opponent of his career when he squares off with Fitch.

Here are my picks for the four bouts that will be featured on tonight’s Showtime card.

Heavyweight Grand Prix Semifinals – Josh Barnett vs. Sergei Kharitonov – I think Barnett will be smart and handle Kharitonov similar to how he did Brett Rogers. Look for Barnett’s wrestling to eventually lead to a submission finish in the second or third round.

Heavyweight Grand Prix Semifinals – Antonio Silva vs. Daniel Cormier – Silva vs. Overeem would have been a bigger draw for Strikeforce, but now their champ is with the UFC. Still, Silva has shown some improving skills and I think he will be able to handle Cormier, who is still developing his skills. Cormier can wrestle, but Silva is stronger and should have better conditioning. I look for Silva to out-strike and out-grapple Cormier to earn a decision victory.

Strikeforce Middleweight Championship – Ronaldo Souza vs. Luke Rockhold – Rockhold is a nice little fighter, but Souza should have no trouble with him. The submission wizard should find a way to work his magic in this fight and force a tap. Rockhold hasn’t faced a lot of tough talent and is just proof that Strikeforce doesn’t have much of a middleweight division.

Strikeforce Light Heavyweight Bout – Muhammed Lawal vs. Roger Gracie – King Mo hasn’t fought in over a year and young Roger Gracie is off to an impressive start to his career, submitting the likes of Trevor Prangley and Kevin Randleman. Lawal is going to want to keep this fight standing, but he has a strong wrestling background that may ultimately lead to his demise. I see the better-conditioned Gracie using his skills to get the fight to the ground and choking out the former Strikeforce champ.

The organization released through the L.A. Times that on Dec. 30, Alistair Overeem will make his UFC debut against none other than Brock Lesnar.

Brock Lesnar will return to the UFC octagon in a five-round main event Dec. 30 at MGM Grand in Las Vegas, facing newly signed former Strikeforce heavyweight champion Alistair Overeem.

“Brock is a big name, a dangerous guy, and this is a dream matchup,” Overeem told The Times on Tuesday, just after signing a standard UFC fight contract in the office of Chairman Lorenzo Fertitta. “Brock’s a big guy, an exciting wrestler with his takedowns.

“I want to see this fight myself. Overall, I’m a different fighter. A striker, athletic, big. These are going to be two big trucks going at it on a collision course.”

This fight will be as anticipated as the Velasquez vs. dos Santos bout on Nov. 12, if not more, as Lesnar has the drawing power and Overeem was the last Strikeforce champion.

It is expected that this will be the main event of UFC 141 from Las Vegas and will take place on a Friday night, with New Year’s Eve being on a Saturday this year.

In terms of the fight, this should be explosive and very interesting. Overeem has the clear striking edge, but will he be able to fend off the explosive takedown attempts of Lesnar?

Either way, I don’t see this fight lasting too long.

Bullz-Eye.com has the odds for the two semifinal contests, which features Josh Barnett and Segei Kharitonov and Daniel Cormier taking on Antonio Silva.

Barnett walks into his bout as the favorite with a betting line of -280 against Kharitonov, who has odds of +220. Barnett (30-5) is coming off a second-round submission win over Brett Rogers while Kharitonov (18-4) knocked out Andrei Arlovski in less than three minutes of his quarterfinal match.

In this semifinal, Barnett has the grappling edge while Kharitonov appears to have the KO power in his striking. Whoever can dictate the location of the fight will likely get the victory.

In the other semifinal, Silva (16-2) is the favorite to win with odds of -175 while his opponent Cormier (8-0), has odds of +145 to win. Silva defeated Fedor Emelinanenko by second round TKO to reach the semifinals while Cormier is filling in for Alistair Overeem, who was removed from the tournament due to his unwillingness to fight in September because of an injury.

Cormier is a strong wrestler with some good submission skills while Silva has started to put together a complete fight game. Silva has big punches and a smother grappling style. He looked the most impressive of any fighter in the quarterfinals, but now fights somewhat of an unknown in Cormier, who has just eight pro fights.

The Strikeforce Heavyweight Grand Prix will take place from the U.S. Bank Arena in Cincinnati on Saturday. The show will air live on Showtime at 10PM ET.

Dana White announced via conference all on Friday that Cain Velasquez will defend his UFC heavyweight championship against top contender, Junior dos Santos, on Nov. 12 to headline the show.

The fight was originally scheduled to take place on Nov. 19 as the headline of UFC 139 from San Jose, but will now take place at The Pond in Anaheim.

White also indicated that this is the only fight scheduled for the 1-hour FOX premiere and if the fight ends quickly, they will air undercard bouts that took place earlier in the night.

Velasquez hasn’t fought since winning the championship from Brock Lesnar last October. He is 9-0 in his career.

Dos Santos is 13-1 and coming off a dominant win over Shane Carwin at UFC 131 in June. He has clearly established himself as being the top contender for Velasquez.

While these two may not be the highest-profile of fighters to the outside MMA fan, this is an amazing fight to get on free television.

The UFC is hoping for fireworks for this bout to really draw in a big audience and take the UFC to a new level. Hopefully this fight does just that.

The new main event for UFC 139 has yet to be announced but White indicated that it was in the works.