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UFC 117 Silva vs Sonnen will take place August 7 in Oakland.

Main Card:
Anderson Silva (27-4) vs Chael Sonnen (24-10-1)
Jon Fitch (22-3) vs Thiago Alves (16-6)
Clay Guida (26-11) vs Rafael Dos Anjos (14-4)
Matt Hughes (44-7) vs Ricardo Almeida (12-3)
Roy Nelson (15-4) vs Junior Dos Santos (11-1)

Prelims:
Thiago Silva (14-2) vs Tim Boetsch (11-3)
Dustin Hazelett (12-5) vs Rick Story (10-3)
Stefan Struve (19-4) vs Christian Morecraft (5-0)
Johny Hendricks (8-0) vs Charlie Brenneman (11-1)
Ben Saunders (8-2-2) vs Dennis Hallman (64-13-2)
Rodney Wallace (9-2) vs Stanislav Nedkov (11-0)

Great Card top to bottom.

Predictions:

Silva over Sonnen via 2nd round Triangle choke. Sonnen will put Silva on his back nonstop, but his sub defense is still too poor. Picture Silva/Lutter from a couple years back.
Fitch over Alves via Decision. Fitch will beat everything not named GSP.
Guida over Dos Anjos via Decision. Guida's wrestling will be too much.
Almeida over Hughes via 1st Round Armbar. Almeida bigger and stronger than Hughes, he has better stand up and his ground game is better than today Hughes.
Dos Santos over Nelson via 2nd Round TKO. As long as Dos Santos keeps it standing he will get the better of Nelson.

Silva over Boetsch via 1st Round KO. Boetsch has been rolling of late but Silva is just better everywhere.
Hazelett over Story via 3rd Round Sub. Hazelett pulls another trick out of the bag.
Struve over Morecraft via 1st Round Sub. Struve too talented and experienced for Morecraft.
Hendricks over Brennenman via Decision. Hendricks continues his improvement
Saunders over Hallman via 2nd Round TKO. Great matchup.
Wallace over Nedkov via 3rd Round TKO. Wallace has a good wrestling background and good power and gets a much needed victory here.

KO of the Night: Dos Santos
Submission of the Night: Almeida and Hazelett
Fight of the Night: Dos Santos/Nelson.

Nedkov substained an injury and mega prospect Phil Davis will replace him. Who will use his great wrestling to take a decision and UFC contract from Wallace.

I think Sonnen will pull off the upset!

I agree

Thiago Silva pulls out of his fight due to a back injury. Todd Brown will take his place against Tim Boetsch. Boetsch will win that fight.

Johny Hendricks -525
Charlie Brenneman +325

Ben Saunders -260
Dennis Hallman +200

Stefan Struve -185
Christian Morecraft +155

Dustin Hazelett -120
Rick Story -110

Clay Guida -130
Rafael Dos Anjos even

Ricardo Almeida -155
Matt Hughes +125

Thiago Alves -105
Jon Fitch -125

Junior Dos Santos -290
Roy Nelson +230

Anderson Silva -500
Chael Sonnen +300

Dana White confirmed that the winner of the Fitch/Alves fight will fight the winner of GSP/Koscheck. Though I agree that Fitch has earned another shot, Alves hasnt done anything to get another crack at the title since he hasnt fought since he lost to GSP. This might be the deepest division in the UFC so its not like there isnt quality opponents out there. (Shields, Kampmann, Condit, Ellenberger to name a few)

Prelim Results:
Hallman via Decision over Saunders
Struve 2nd Rnd TKO over Morecraft
Boetsch via Decision over Brown
Hendricks 2nd Rnd TKO over Brennanman
Davis via Decision over Wallace
Story 2nd Rnd TKO over Hazelett

Main:
Dos Santos via Decision over Nelson
Hughes 1st Rnd Sub over Almeida
Guida 3rd Rnd TKO over Dos Anjos
Fitch via Decision over Alves
Silva 5th Rnd Sub over Sonnen. Sonnen dominated the fight. But for some reason I feel Silva thought the best way to payback Sonnen for all the trash talk was to let him dominate and then take it away at the last second. I mean I dislike Chael but I felt absolutely terrible for him at the end.

Fight of the Night: Silva/Sonnen
KO of the Night: Struve
Sub of the Night: Silva/Hughes

This was the best UFC PPV I seen. Well worth the 45 bucks.

The Roy Nelson was great.

Being said that UFC 117 did a million PPV buys making it the 7th in UFC history to exceed one million. and the 3rd in 4 PPV's.