UFC 303 instant reaction: McGregor-Chandler cancellation, Pereira-Procházka rematch and more - ESPN

And just like that, we have a new main and co-main event at UFC 303.

Out are Conor McGregor and Jamahal Hill, as both have been ruled out of the June 29 card due to injuries. The new main event is a light heavyweight title fight rematch between current champion Alex Pereira and former champion Jiří Procházka. Also in for the co-main event is Brian Ortega, ESPN's No. 4-ranked featherweight, who will face rising star Diego Lopes. Hill's opponent, Carlos Ulberg, doesn't leave UFC 303 empty-handed, as Anthony Smith will step in for another light heavyweight bout on the main card.

Big questions loom after the massive reshuffling of the International Fight Week card. Just how good is UFC 303 now? Will we ever see McGregor and Michael Chandler fight? Where do the bettors lean on the three new fights?

Andreas Hale, Brett Okamoto, Jeff Wagenheim and Ian Parker address these questions and more, including assessing what this means for the promotion and what's next for Chandler.

Hale: A shocking delivery, again. The UFC's ability to navigate disasters is perhaps one of the promotion's most underrated qualities. And few are more devastating than losing the biggest star in combat sports on short notice for what was slated to be a blockbuster night for the UFC. Somehow, it managed to deliver a quality main event with one of its budding stars (Pereira) facing a familiar foe who is never in a bad fight (Procházka) while also surprising fans with an Ortega vs. Lopes featherweight tilt that we didn't know we wanted until we got it. Not to mention a solid light heavyweight fight added between Ulberg and Smith.

No, it's not remotely close to the mainstream attraction that McGregor's return was set to be. Still, Dana White and Hunter