Woodley also announced that he has signed a new eight-fight deal with the promotion. UFC 174 takes place June 14 from Vancouver.
“I had a four-fight deal, but I thought that they had to make it worth my while,” Woodley said. “I’m taking the risk here. Rory MacDonald is not the No. 1 contender, I’m the No. 1 contender.”
Woodley (13-2) is coming off a victory over former UFC interim champion Carlos Condit. He is 3-1 since joining the promotion after a run in Strikeforce.
MacDonald (16-2) bested Demian Maia in February after a split decision loss to Robbie Lawler last year. Both Woodley and MacDonald have been pushing for the next shot at new champion Johny Hendricks.
Hendricks, though, is currently sidelined and recovering from surgery to repair a torn bicep. He is anticipating a late 2014 return to the Octagon.