UFC 274: Oliveira vs. Gaethje was a mixed martial arts event produced by the Ultimate Fighting Championship that took place on May 7, 2022, at the Footprint Center in Phoenix, Arizona, United States.

[9] The pairing previously met 7 and a half years prior at The Ultimate Fighter: A Champion Will Be Crowned Finale for the inaugural championship, which Esparza won via third round submission.

[13] Amanda Ribas and former Invicta FC Atomweight Champion Michelle Waterson were expected to meet at this event.

[15] They were then rescheduled for UFC Fight Night: Blaydes vs. Daukaus, but an injury forced Waterson out of the pairing once again.

Her bout proceeded at catchweight and she was fined 30% of her individual purse, which went to her opponent The Ultimate Fighter: Heavy Hitters women's featherweight winner Macy Chiasson.