Will Brooks to fight Michael Chandler for Bellator interim lightweight title, Rampage-King Mo new main event

In a special conference call, Bellator confirmed the earlier reports that Eddie Alvarez had pulled out of his LW title defense against Michael Chandler. They've already worked out a replacement opponent, as recent tournament winner Will Brooks will face Chandler for the interim strap next Saturday night. This fight will remain as the main event over Rampage-King Mo and Ortiz-Shlemenko, and the card will still be on PPV. Here are some highlights of the conference call courtesy of The MMA Report's Jason Floyd:

Bjorn Rebney says late last week that Eddie Alvarez had hit his head on his training partners hip

— Jason Floyd (@Jason_Floyd) May 10, 2014

Eddie Alvarez officially pulled out of the fight today when Bellator President Tim Danaher went to visit him in Florida

— Jason Floyd (@Jason_Floyd) May 10, 2014

Blagoi Ivanov vs Alexander Volkov has been elevated to the main card on pay-per-view

— Jason Floyd (@Jason_Floyd) May 10, 2014

I asked Bjorn about if the price point will change, he says no and Will Brooks went on a rant about what UFC charges for cards

— Jason Floyd (@Jason_Floyd) May 10, 2014

UPDATE: Bellator has confirmed via press release that Quinton Jackson vs. King Mo Lawal is the new main event. Chandler-Brooks is the co-main.

Brooks (13-1) breezed through the season 9 lightweight tourney after a shocking KO loss to Saad Awad in the previous season. He was due to face Nate Jolly as a "stay busy fight" on the main card before his scheduled title shot. Now he's getting his title shot on a week's notice, albeit for the interim belt. Bellator officials are still trying to find a replacement for Jolly, but prospects seem bleak at the moment.

So as it stands, this is the Bellator 120 main card:

Quinton Jackson vs. Muhammed Lawal
Michael Chandler vs. Will Brooks
Tito Ortiz vs. Alexander Shlemenko
Michael Page vs. Ricky Rainey
Alexander Volkov vs. Blagoi Ivanov