There were most certainly fireworks on display for the UFC's network debut: UFC on Fox 1: Velasquez vs. Dos Santos. There was an excellent undercard (watchable on FoxSports.com and Facebook.com at the time) in which the number one contender for the lightweight belt was determined and the one-fight main card most certainly delivered as advertised. Cain Velasquez succumbed to strikes when Junior Dos Santos hit him with a big overhand right and swarmed him, getting the stoppage at 1:04 in the very first round and winning the UFC Heavyweight Championship.
As usual, the UFC held a post-event press conference and announced various bonuses, namely the fight of the night bonus, which come with a nice, fat paycheck. There were definitely some good contenders for fight of the night, as the undercard was really packed with high-paced action. The winners of SOTN and KOTN received $60K, while both fighters in the FOTN received that bonus each.
Fight of the Night: Ben Henderson vs. Clay Guida
Knockout of the Night: Junior dos Santos
Submission of the Night: Ricardo Lamas
Gate: 1.1 million