Latest UFC rankings update: Alexander Volkov, Jan Blachowicz punch their way into division Top 5

Ultimate Fighting Championship (UFC) was back on UFC Fight Pass last Saturday (March 17, 2018) for the UFC Fight Night 127 mixed martial arts (MMA) event, which featured a heavyweight main event between Fabricio Werdum and Alexander Volkov, ending in a technical knockout win for "Drago."

And a spot in the top five of his division.

In the UFC Fight Night 127 co-main event, held inside O2 Arena in London, England, top light heavyweight contender Jimi Manuwa came up short -- and fell out of the top five -- after getting out-slugged by Polish power puncher Jan Blachowicz in a 205-pound rematch of their April 2015 affair.

Here's how the rankings work, courtesy of UFC.com:

Rankings were generated by a voting panel made up of media members. The media members were asked to vote for who they feel are the top fighters in the UFC by weight-class and pound-for-pound. A fighter is only eligible to be voted on if they are in active status in the UFC. A fighter can appear in more than one weight division at a time. The champion and interim champion are considered to be in the top positions of their respective divisions and therefore are not eligible for voting by weight-class. However, the champions can be voted on for the pound-for-pound rankings.

Take a look at what the latest rankings field looks like courtesy of UFC.com. Note: (+/- = movement in rankings, *NR = Not previously ranked).

POUND-FOR-POUND
1 Demetrious Johnson
2 Conor McGregor
3 Georges St-Pierre +3
4 Daniel Cormier -1
4 Stipe Miocic
6 Max Holloway -1
7 TJ Dillashaw
8 Tyron Woodley
9 Cris Cyborg
10 Tony Ferguson
11 Amanda Nunes +3
12 Robert Whittaker -1
13 Cody Garbrandt -1
14 Khabib Nurmagomedov -2
15 Joanna Jedrzejczyk

FLYWEIGHT
Champion: Demetrious Johnson
1 Joseph Benavidez
2 Henry Cejudo
3 Ray Borg
4 Jussier Formiga
5 Sergio Pettis
6 Wilson Reis
7 Brandon Moreno
8 Ben Nguyen
9 Dustin Ortiz
10 John Moraga
11 Alexandre Pantoja +2
12 Matheus Nicolau -1
13 Tim Elliott -1
14 Deiveson Figueiredo
15 Magomed Bibulatov

BANTAMWEIGHT
Champion: TJ Dillashaw
1 Cody Garbrandt
2 Dominick Cruz
3 Raphael Assuncao
4 Jimmie Rivera
5 Marlon Moraes
6 John Lineker
7 John Dodson
8 Aljamain Sterling
8 Bryan Caraway +1
10 Pedro Munhoz
11 Cody Stamann +1
12 Rob Font -1
13 Thomas Almeida
14 Brett Johns
15 Eddie Wineland

FEATHERWEIGHT
Champion: Max Holloway
1 Brian Ortega
2 Jose Aldo
3 Frankie Edgar
4 Cub Swanson
5 Jeremy Stephens
6 Josh Emmett
7 Ricardo Lamas
8 Chan Sung Jung
9 Darren Elkins
10 Yair Rodriguez
11 Renato Moicano
12 Mirsad Bektic
13 Calvin Kattar
14 Myles Jury +1
15 Dooho Choi -1

LIGHTWEIGHT
Champion: Conor McGregor
1 Tony Ferguson (Interim Champion)
2 Khabib Nurmagomedov
3 Eddie Alvarez
4 Edson Barboza
5 Dustin Poirier
6 Justin Gaethje
7 Kevin Lee
8 Nate Diaz
9 Michael Chiesa
10 James Vick +1
11 Al Iaquinta -1
12 Anthony Pettis
13 Alexander Hernandez
14 Evan Dunham
15 Beneil Dariush

WELTERWEIGHT
Champion: Tyron Woodley
1 Stephen Thompson
2 Rafael Dos Anjos
3 Colby Covington
4 Robbie Lawler
5 Demian Maia
6 Jorge Masvidal
7 Kamaru Usman +1
7 Darren Till
9 Neil Magny
10 Santiago Ponzinibbio
11 Donald Cerrone
12 Carlos Condit
13 Gunnar Nelson
14 Leon Edwards +1
15 Dong Hyun Kim -1

MIDDLEWEIGHT
Champion: Robert Whittaker
1 Yoel Romero
2 Jacare Souza
3 Luke Rockhold
4 Chris Weidman
5 Kelvin Gastelum
6 Michael Bisping
7 Derek Brunson
8 David Branch
9 Vitor Belfort +1
10 Uriah Hall -1
11 Thiago Santos
12 Lyoto Machida
13 Krzysztof Jotko
14 Paulo Costa
15 Brad Tavares

LIGHT HEAVYWEIGHT
Champion: Daniel Cormier
1 Alexander Gustafsson
2 Volkan Oezdemir
3 Glover Teixeira
4 Ilir Latifi +1
5 Jan Blachowicz +6
6 Jimi Manuwa -2
7 Mauricio Rua
8 Ovince Saint Preux -2
9 Misha Cirkunov -1
10 Corey Anderson -1
11 Patrick Cummins -1
12 Tyson Pedro
13 Gadzhimurad Antigulov
14 Gian Villante
15 Jordan Johnson

HEAVYWEIGHT
Champion: Stipe Miocic
1 Francis Ngannou
2 Alistair Overeem
3 Alexander Volkov +5
4 Curtis Blaydes +1
5 Fabricio Werdum -2
6 Derrick Lewis
6 Mark Hunt
8 Marcin Tybura +1
9 Andrei Arlovski +1
10 Aleksei Oleinik +1
11 Stefan Struve +1
12 Shamil Abdurakhimov *NR
13 Tai Tuivasa +2
14 Junior Albini
15 Justin Ledet *NR

WOMEN'S STRAWWEIGHT
Champion: Rose Namajunas
1 Joanna Jedrzejczyk
2 Jessica Andrade
3 Claudia Gadelha
4 Karolina Kowalkiewicz
5 Tecia Torres
6 Carla Esparza
7 Michelle Waterson
8 Felice Herrig
9 Alexa Grasso +1
10 Cortney Casey +1
11 Randa Markos +1
12 Tatiana Suarez +2
13 Joanne Calderwood
14 Nina Ansaroff +1
15 Angela Hill *NR

WOMEN'S FLYWEIGHT
Champion: Nicco Montano
1 Valentina Shevchenko
2 Sijara Eubanks
3 Lauren Murphy
4 Alexis Davis
5 Roxanne Modafferi
6 Barb Honchak
7 Liz Carmouche
8 Katlyn Chookagian
9 Jessica-Rose Clark
10 Jessica Eye
11 Montana De La Rosa
12 Mara Romero Borella +1
13 Rachael Ostovich -1
14 Paige VanZant
15 Shana Dobson

WOMEN'S BANTAMWEIGHT
Champion: Amanda Nunes
1 Holly Holm
2 Raquel Pennington
3 Julianna Pena
4 Ketlen Vieira
5 Germaine de Randamie
6 Cat Zingano
7 Marion Reneau
8 Sara McMann
9 Leslie Smith +1
10 Bethe Correia -1
11 Aspen Ladd
12 Lucie Pudilova
13 Irene Aldana +1
14 Sarah Moras +1
15 Lina Lansberg *NR

There you have it.

You can expect these standings to change -- particularly in the lightweight division -- in roughly two weeks, as the promotion is set to uncork the UFC 223: "Ferguson vs. Khabib" pay-per-view (PPV) fight card on Sat., April 7, 2018 inside Barclays Center in Brooklyn, New York (more on that fight card here).

For even more upcoming UFC events click here.