The news was first reported by TMZ sport.
Anderson Silva was released by the UFC last year following a three-fight losing streak.
Anderson Silva had a legendary run in the UFC which consisted of a sixteen-fight winning streak. He made his MMA debut back in 1995 and made his UFC debut in 2006 with a knockout win over Chris Leben at UFC Fight Night 5.
Anderson Silva won the UFC title in just his second fight with the promotion. He defeated Rich Franklin via KO at UFC 64 in October 2006. He then went on to defend his title 10-times.
Also fighting on the undercard is 58-year old Julio Cesar Chavez Sr. He will be taking on Hector Camacho Jr in an exhibition bout. Hector Sr and Chavez Sr have previously fought in 1992 and in that fight, Chavez defeated Camacho via unanimous decision. Camacho Jr who is 42-year old was also a professional boxer with a record of 58-6-1.
Julio Cesar Chavez Jr vows to defeat Anderson Silva
Speaking to TMZ, Julio Cesar Chavez Jr said that he has dedicated himself to the craft again and is training hard to secure a victory.