BJ Penn vs. Frankie Edgar 2 is official for UFC 118. As seen in the video above, BJ Penn has signed his papers and MMA Fighting is reporting that Frankie Edgar has signed his.

No surprises there, but what may surprise you is the current betting lines on this fight. Despite beating Penn last month in a really close fight, all the books have Edgar as a considerable underdog. Most have the fight at Penn -355 Edgar +265. If you think Edgar has Penn’s number, it might be a good idea to get in early before the lines move closer.