Heavyweight Tournament Semi-Finals Tank Abbott def. Yoji Anjo (Unanimous Decision)
Abbott would withdraw immediately, citing a broken hand
Kazushi Sakuraba vs. Marcus Silveira ends in a No Contest (Premature stoppage by referee John McCarthy, 1 minute and 51 seconds)
Referee McCarthy thought that Sakubara was knocked out after a knockdown. After ma**ive protest from Sakabara's camp and the crowd, the decision was overturned to a no-contest and a rematch later that night would be the tournament final Inaugural UFC Light Heavyweight Championship Frank Shamrock def. Kevin Jackson (Submission via armbar, 22 seconds) to become the FIRST UFC LIGHT HEAVYWEIGHT CHAMPION
Non-Title, Non-Tournament Bout
[HW] Vitor Belfort def. Joe Charles (Submission via armbar, 4 minutes and 3 seconds) Heavyweight Tournament FINAL Kazushi Sakuraba def. Marcus Silveira (Submission via armbar, 3 minutes and 44 seconds) to become THE WINNER OF UFC ULTIMATE JAPAN UFC Heavyweight Championship Randy Couture def. Maurice Smith (c) (Unanimous Decision), NEW CHAMPION