Nine rounds just hasn’t been enough for Bellator lightweight champion Eddie Alvarez and Michael Chandler.

After engaging in what many viewed as the “Fight of the Year” in 2011 – a bout won by Chandler for the title via fourth round submission – the pair squared off again last year – this time, with Alvarez being declared the winner by decision.

Now, they will meet for a third time and on pay-per-view May 17. It will mark the first Bellator PPV card, something they tried to do once last year.

“I am very motivated,” Chandler said. “The last fight left a bitter taste in my mouth and I am excited to do it again.

“It is a chance for redemption.”

Alvarez (25-3) has won three straight since that loss to Chandler (12-1), who had his 12-fight win streak to start his career snapped last year.

“We created the blueprint (for defeating Chandler),” Alvarez said. “This time it is about wills.

“If you guys want to see a real fight, tune in.”

The second meeting between Alvarez and Chandler was originally scheduled to be the co-main event of the first-ever Bellator pay-per-view, but the PPV concept was scrapped after the headline fight featuring Quinton “Rampage” Jackson and Tito Ortiz was cancelled.