The octagon will return to Chicago next month for UFC 238, and the pay-per-view event just added an exciting lightweight bout between perennial division contenders Donald Cerrone and Tony Ferguson.

ESPN’s Brett Okamoto took to Twitter moments ago announcing the promotions intentions of matching up ‘Cowboy‘ and ‘El Cucuy’.

Breaking: UFC close to finalizing a bout between Tony Ferguson and Cowboy Cerrone for UFC 238 on June 8 in Chicago. https://t.co/weCcXApXjP

— Brett Okamoto (@bokamotoESPN) May 10, 2019

Donald Cerrone was most recently seen in action in the headliner of last weekend’s UFC event in Ottawa, where he scored a dominant decision victory over former title challenger Al Iaquinta.

The win marked Cerrone’s third in a row, as he had previously scored stoppage victories over Alex Hernandez and Mike Perry.

Meanwhile, Tony Ferguson will return to action for the first time since October’s UFC 229 event, where he defeated former division champion Anthony Pettis via TKO.

After dealing with some personal issues outside of the cage, ‘El Cucuy’ recently received the green light from promotional officials for his octagon return.

The former UFC interim lightweight champion, Ferguson is currently riding an impressive twelve-fight win streak.

UFC 238 takes place June 8 live from the United Center in Chicago, Illinois. The event is headlined by a men’s bantamweight title fight featuring current flyweight champion Henry Cejudo taking on Marlon Moraes for the vacant 135-pound belt.

Who do you think will emerge victorious when Donald Cerrone and Tony Ferguson square off at UFC 238? Sound off in the comments section PENN Nation!