Most fans had known for some time that Saturday night's UFC 148 event was a two-fight card. In the end, the PPV proceeded as advertised, with a red-hot crowd going nuts for the co-main and main events, while lackluster bouts populated the undercard.
There were no submissions in the entire card and only three of the bouts didn't go to decision, so the options for recipients of the $75,000 bonuses were very limited.
In the end, Anderson Silva won Knockout of the Night honors for his TKO of Chael Sonnen in Round 2 of the main event. Local fighter Chad Mendes was the only other viable option for knockout of the night and probably should have received it, but I suppose a body shot did most of the damage to Cody McKenzie and body shots aren't glamorous.
Tito Ortiz vs. Forrest Griffin won Fight of the Night honors. Again, San Jose fighter Cung Le vs. Patrick Cote was the only other real option here, but it was significantly more lackluster than Ortiz-Griffin III and didn't have nearly the marquee value.