The 29-year-old recently announced the deal on his official Twitter account, writing, "I signed a new 5 fight deal with the #ufc :) #KillerCub"
Swanson (19-5) is the world's No. 5 ranked featherweight according to the official UFC rankings and in his next fight will take on No. 6 ranked Dennis Siver. The key 145-pound match up is set to go down on the main card of UFC 162: "Silva vs. Weidman" on July 6, 2013, at the MGM Grand Garden Arena in Las Vegas, Nevada.
After stumbling against Ricardo Lamas in his UFC debut in 2011, Swanson has emerged as a contender in the featherweight division and will look to move one step closer to a title shot and rematch with 145-pound champion Jose Aldo with a victory over Siver on July 4th weekend.
While UFC contract extensions are a fairly redundant piece of news these days, the fact the world's premier mixed martial arts (MMA) organization is rewarding Swanson with a new contract shows they have faith in him as one of the top fighters in the world at his weight class.
UFC 162: "Silva vs. Weidman" goes down July 6, 2013, from the MGM Grand Garden Arena in Las Vegas, Nevada. The main event of the evening will see UFC Middleweight champion Anderson Silva put his belt on the line for the 10th time against undefeated Chris Weidman.
For more news and notes on UFC 162, check out our event archive here.