Sakara's manager Lex McMahon confirmed the news with MMAFighting.com on Thursday.
According to sources close to the UFC, the promotion is working towards booking Cote vs. Sakara 2 at some point in 2013, however, the fight isn't finalized just yet. McMahon wouldn't comment on the possibility of the rematch happening.
"We believe this gesture is indicative of the level of respect the UFC has for Alessio," McMahon said of the contract extension, "and we want to thank Dana White, Joe Silva, Lorenzo and Frank Fertitta for their long-standing support of Alessio. He is very focused on showing his appreciation the next time he steps into the Octagon."
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