UFC 262: Oliveira vs. Chandler was a mixed martial arts event produced by the Ultimate Fighting Championship that took place on May 15, 2021 at the Toyota Center in Houston, Texas, United States.

[5] Former champion Khabib Nurmagomedov announced his retirement immediately after defending his title at UFC 254 last October, citing his father's death from complications related to COVID-19 in July as the main reason behind it.

[15] However, the bout was postponed to take place one week later at UFC Fight Night: Font vs. Garbrandt due to a COVID-19 case in Hermansson's camp.

This increase was for this event only and was made at the request of former interim lightweight champion Tony Ferguson (also The Ultimate Fighter: Team Lesnar vs.

Team dos Santos welterweight winner), who received a raucous response from the audience in attendance at the UFC 262 pre-fight press conference when he made the proposal.