In a recent interview with www.sportsnet.ca, Dana White suggested that GSP vs. B.J. Penn II could happen in 2008. As the current UFC Lightweight Champion, White would like to see a few more fights for Penn (13-4-1) at 155 lbs. before moving up to fight Georges St. Pierre (16-2) at 170 lbs. White did recognize that this was the fight everyone wanted to see and said that it could happen as early as this year. He also mentioned that it might be part of the New Year's Eve show.

The last fight between GSP and Penn was an epic battle that resulted in a controversial split decision for GSP at UFC 58 in March 2006.