I guess Edward Gibbon was right: Revenge is profitable.

Ricardo Almeida may get the chance to take his frustrations out on Matt Hughes in a possible welterweight showdown at the upcoming UFC 117 event planned for Aug. 7 at the Oracle Arena in Oakland, Calif., according to a McTweet from ESPN's Franklin McNeil.

"Cachorrão" should be in high spirits considering he's the winner of three straight. The grappling wizard recently made Matt Brown look mortal in their 170-pound clash at UFC 111: "St. Pierre vs. Hardy" last March.

His celebration was short lived however, as his Master and longtime friend Renzo Gracie was stopped by the flinty farmboy at UFC 112: "Invincible" earlier this month.

Almeida has looked good since dropping to 170-pounds, but will be be good enough to overcome the former welterweight champion?

Hughes battered Gracie en route to a third round TKO stoppage in Abu Dhabi. It was his second straight win since dining on Thiago Alves' knee at UFC 85: "Bedlam" in June 2008.

The former champ has been particular about his opponents since entering the twilight of his career, but doesn't seem to mind adding another Gracie Jiu-Jitsu fighter to his combat resume.

UFC 117 may feature the put-up-or-shut-up middleweight title fight between Chael Sonnen and Anderson Silva -- though the promotion has yet to release any details about the August 7 card or its participants.

Stay tuned.