Teixeira, 42 (33-7), captured the belt on October 30 at UFC 267 by defeating Jan Blachowicz via submission in the second round. The Brazilian leads an impressive streak of six victories (five ahead of schedule).
29-year-old Prochazka (28-3-1) made it to the title fight after only two fights in the UFC. In both fights, he effectively knocked out two former contenders for the belt - Volkan Oezdemir and Dominik Reyes.
UFC 274 is expected to take place in the defending champion's home country of Brazil