Every indicator suggested that Nate Diaz was going to re-sign with the UFC.The Stockton scrapper had opened the door to the possibility and even sat down with Dana White to discuss a return to the Octagon.Diaz left the UFC after beating Ferguson in September 2022GettyHowever, Jake Paul‘s Most Valuable Promotions came swooping in with a lucrative offer that turned Diaz’s head.Instead of joining back up with his old promoter, Diaz is now fighting Mike Perry on the undercard of an intergenerational clash between Ronda Rousey and Gina Carano, live on Netflix, on May 16.Confirming talks with Diaz to assembled media at the UFC London post-fight press conference on Saturday night, White said: “Yeah, he came in and met with me a couple of weeks ago.“We had a good time, and I think Nate got an offer he couldn’t refuse.“I haven’t talked to him since then, but I’m happy for him.”Does this close the door on Nate Diaz returning to the UFC entirely?Asked if he would be open to still working with Diaz, White replied: “I don’t know.“Let’s see how the fight plays out, and we will see what happens.”According to esteemed MMA journalist Ariel Helwani, Diaz has signed a one-fight deal with MVP.That leaves Diaz’s options open after his bout with Perry. A win over ‘Platinum’ on a massive platform will only boost his star power and make him an even hotter commodity for the UFC.Diaz is now fighting Perry on the Rousey vs Carano undercardEsther Lin/MVPThe fight also serves as a much-needed opportunity to blow off some cobwebs.Diaz hasn’t competed in MMA since his final fight with the UFC back in September 2022.That night, at UFC 279, Diaz submitted Tony Ferguson in the fourth round after a last-minute switch of opponents.During the interim period, Diaz competed in two boxing bouts. The first of those was a unanimous decision loss to Paul in August 2023.But Diaz rebounded 11 months later to exact his revenge over Jorge Masvidal in the squared circle after previously coming up short to ‘Gamebred’ for the UFC’s symbolic ‘BMF’ title in 2019.