The matchup was first reported on the latest edition of HDNet’s Inside MMA.

Miletich, the founder of Miletich Fight Systems which has trained the likes of Matt Hughes, Tim Sylvia, Jens Pulver, and Robbie Lawler, is a former UFC lightweight tournament champion and welterweight title-holder. After initially retiring following a loss to Matt Lindland at UFC 36 in 2002 Miletich returned in 2006 for an IFL super fight against Renzo Gracie, losing via first-round submission and temporarily re-entering retirement.

He’ll return to action to face Denny, a former King of the Cage champ who most-recently competed in EliteXC, notably losing to Nick Diaz via second-round TKO at the promotion’s nationally televise June event.

Ben Rothwell and Ryan McGivern are also slated to be in action at the event, with the status of other Adrenaline MMA notables Tim Sylvia and Edie Alvarez unknown at this time.

The eleven-bout event took place on Saturday, July 26th, at the Stockton Arena in Stockton, California.

Newly-crowned EliteXC heavyweight champion Antonio “Bigfoot” Silva was the highest paid fighter of the event, taking home $200,000 for his second-round TKO victory which aired on Showtime. EliteXC middleweight champion Robbie Lawler received $90,000 for successfully defending his 185-pound title in the night’s main event, new EliteXC welterweight title-holder Jake Shields earned $45,000 for his first-round submission win, and Stockton-native Nick Diaz took home $60,000 for his TKO victory.

“Unfinished Business” had a paid attendance of just 3,701 and a total attendance of 6,572 for a live gate of $268,715. 2,023 tickets, worth $206,155, went unsold while $340,960 worth of tickets were given away.

The disclosed payroll for the event was $533,501.

The salaries listed below represent the official fighter salaries as reported by the promoter to the CSAC and do not include some bonuses, fees, or sponsorships.

Robbie Lawler def. Scott Smith
Lawler — $90,000 ($45,000/$45,0000)
Smith — $14,000

Nick Diaz def. Thomas Denny
Diaz — $60,000
Denny — $8,500

Jake Shields def. Nick Thompson
Shields — $45,000 ($35,000/$10,000)
Thompson — $25,000

Cristiane “Cyborg” Santos def. Shayna Baszler
Santos — $6,000 ($3,000/$3,000)
Baszler — $8,000

David Douglas def. Marlon Mathias
Douglas — $4,000 ($2,500/$1,500)
Mathias — $2,500

Antonio Silva def. Justin Eilers
Silva — $200,000 ($100,000/$100,000)
Eilers — $20,000

Rafael Feijao def. Travis Galbraith
Feijao — $20,000 ($10,000/$10,000)
Galbraith — $5,000

Wilson Reis def. Brian Caraway
Reis — $5,000 ($2,500/$2,500)
Caraway — $2,000

Anthony Ruiz def. Jeremy Freitag
Ruiz — $5,001 ($2,001/$3000)
Freitag — $2,500

Carl Seumanutafa def. Mike Cook
Seumanutafa — $4,000 ($2,000/$2,000)
Cook — $2,000

Drew Montgomery def. Brandon Tarn
Montgomery — $3,000 ($1,500/$1,500)
Tarn — $2,000

Lawler, who defeated Smith via TKO in the main event to retain the EliteXC middleweight title, has been suspended for 60 days due to a head laceration while Smith will be out of action for 45 days for precautionary reasons following the TKO defeat.

Light heavyweight Travis Galbraith, who was defeated by Rafael Feijao via first-round knockout, received a 180 day suspension for a possible broken rib.

A portion of the eleven-bout card aired on CBS and Showtime.

Here is the complete list of medical suspensions issued by the CSAC:

• Robbie Lawler (defeated Scott Smith) — Suspended for 60 days due to a scalp laceration.
• Scott Smith (defeated by Robbie Lawler) — Suspended for 45 days with no contact for 30 days due to a TKO loss.
• Thomas Denny (defeated by Nick Diaz) — Suspended for 45 days with no contact for 30 days due to a TKO loss.
• Marlon Mathias (defeated by David Douglas) — Suspended for 45 days with no contact for 30 days due to a TKO loss.
• Shayna Baszler (defeated by Cristiane “Cyborg” Santos) — Suspended for 45 days with no contact for 30 days due to a TKO loss.
• Justin Eilers (defeated by Antonio Silva) — Suspended for 45 days with no contact for 30 days due to a TKO loss.
• Travis Galbraith (defeated by Rafael “Feijao” Cavalcante) — Suspended for 180 days due to a possible broken rib. Minimum 45 day suspension with no contact for 30 days due to a TKO loss.
• Wilson Reis (defeated Brian Caraway) — Suspended for 60 days due to a scalp laceration.
• Mike Cook (defeated by Carl Seumanutafa) — Suspended for 60 days due to a right lateral knee injury. Minimum 45 day suspension with no contact for 30 days due to a TKO loss.
• Drew Montgomery (defeated Brandon Tarn) — Suspended 60 days due to a left eye laceration.
• Brandon Tarn (defeated by Drew Montgomery) — Suspended 60 days due to forehead laceration.

For more on EliteXC “Unfinished Business” click here.

EliteXC “Unfinished Business” Betting Odds

• Robbie Lawler (-240) vs. Scott Smith (+190)
• Nick Diaz (-650) vs. Thomas Denny (+450)
• Jake Shields (-340) vs. Nick Thompson (+260)
• Shayna Baszler (-200) vs. Cristiane “Cyborg” Santos (+160)
• Antonio Silva (-575) vs. Justin Eilers (+375)
• Rafael Feijao (-500) vs. Travis Galbraith (+350)
• Wilson Reis (-150) vs. Brian Caraway (+120)

Bet on MMA at Bodog

Three title bouts headline Saturday’s event as Robbie Lawler looks to defend his middleweight title against Scott Smith in a rematch from Saturday Night Fights 1, Jake Shields and Nick Thompson clash to crown the first-ever EliteXC welterweight champion, and Antonio “Big Foot” Silva takes on Justin Eilers for the newly-created EliteXC heavyweight championship. Popular-yet-controversial UFC veteran Nick Diaz will also be in action at the event, taking on Thomas Denny on the CBS-televised card.

As always, MMAFrenzy.com will have live coverage of EliteXC “Unfinished Business” this Saturday beginning at 6pm ET.

MAIN CARD

• Robbie Lawler (c) vs. Scott Smith
  EliteXC Middleweight Championship
• Nick Diaz vs. Thomas Denny
• Jake Shields vs. Nick Thompson
  EliteXC Welterweight Championship
• Shayna Baszler vs. Cristiane Cyborg
• Antonio “Big Foot” Silva vs. Justin Eilers (Showtime)
  EliteXC Heavyweight Championship
• Wilson Reis vs. Brian Caraway (Showtime)
• Rafael Feijao vs. Travis Galbraith (Showtime)

PRELIMINARY CARD

• Mike Cook vs. Carl Seumanutafa
• Brandon Tarn vs. Drew Montgomery

The night of mixed martial action will begin with three live fights on SHOWTIME (8:00-9:00 PT, ET/PT) including an EliteXC Heavyweight Championship match featuring Antonio “Big Foot” Silva.

“One venue, two networks and seven exciting world class fights adds up to an entertaining and memorable mixed martial arts event in prime time,” said Doug DeLuca, Executive Chairman, ProElite, Inc.

In a rematch of their exciting, controversial first fight on May 31 on CBS, Lawler, the EliteXC middleweight champion from St. Louis by way of Davenport, Iowa, will put his title on the line once again against hard-hitting challenger Smith of Elk Grove, Calif. Their last meeting, a fight that many called the fight of the night, ended in controversy when doctors called the fight after Smith caught an unintentional finger in the eye late in the third round. Smith claimed he was ready to continue, but the fight was stopped and declared a no contest.

In a second world title fight on CBS, two of the sports’ most talented welterweights will collide when San Francisco’s Jake Shields, who has won nine in a row, gets his long awaited shot at a world title when he squares off against Nick Thompson of Minneapolis, Minn., who has won 12 straight and 20 of his last 21 fights, for the vacant EliteXC 170-pound belt.

The world title fights are scheduled for five, five-minute rounds.

Also on CBS, hometown favorite Nick Diaz of Stockton, Calif. will face Thomas “Wildman” Denny of Hesperia, Calif. The talented Diaz, who will be seeking his third victory in three months, needs a win to stay in the hunt for a potential rematch with ElliteXC lightweight champion KJ Noons. Denny, a winner in four of his last five fights, is coming off a first-round disqualification victory over the highly regarded Malaipet on March 21, 2008.

The remaining primetime match-ups for the CBS ELITEXC SATURDAY NIGHT FIGHTS on July 26 will be announced at a later date. The SHOWTIME match-ups also will be announced in the near future.

CBS Sports play-by-play announcer Gus Johnson, cageside analysts Frank Shamrock and Mauro Ranallo, and reporter Karyn Bryant will return as the “CBS ELITEXC SATURDAY NIGHT FIGHTS” broadcast team and also have the call for the SHOWTIME telecast.

CBS’s inaugural mixed martial arts broadcast on May 31, 2008 dominated its time period in all key young men and young adult demographics. The total viewership increased throughout the night, peaking at 6.51m viewers for the Kimbo Slice vs. James Thompson fight. The entire broadcast (9:00-11:51 PM) averaged 4.85m viewers.

The intense nature of the contests and the theatrical elements of its live events have made mixed martial arts one of the fastest growing spectator sports in the U.S. Over the last several years, the genre has seen tremendous growth in popularity, especially among the coveted 18-34 demographic.

Mixed martial arts is a sport evolved from a number of ancient combat disciplines including judo, jiu-jitsu, karate, wrestling and kickboxing. World-class athletes engage in hand-to-hand combat in a ring — both caged and traditional — and must adapt their fighting style to fit their opponent. The wide variety of styles and techniques make every event an unpredictable spectacle.

CBS ELITEXC SATURDAY NIGHT FIGHTS will be produced by SHOWTIME Sports. The executive producer is David Dinkins, Jr.

The event will be held in Diaz’s hometown of Stockton, California at the Stockton Arena and will air live on CBS at 9pm ET. Two EliteXC titles will be up for grabs at the event as champion Robbie Lawler takes on Scott Smith in a rematch from EliteXC “Primetime” for the promotion’s middleweight title and Jake Shields will face Nick Thompson for the newly-created EliteXC welterweight championship.

Denny (26-16), a former King of the Cage champion, has won four of his last five bouts. He was last in action in March, defeating Malaipet in his EliteXC debut via disqualification due to illegal elbows.

Diaz (17-7), a WEC, PRIDE, and UFC veteran, has won six of his last eight bouts. His recent wins include an EliteXC debut victory over Mike Aina, a DREAM debut TKO win over Katsuya Inoue, and, most recently, a third-round TKO of Mushin Corbbrey at a June 14th EliteXC event.

For more EliteXC rumors check out the MMAFrenzy.com rumors section.