Former P4P king Nurmagomedov walks away from the promotion as the best fighter in the company and the UFC lightweight champion.
Top contenders Charles Oliveira and Michael Chandler will compete for the vacant 155lbs championship while a new fighter has replaced Nurmagomedov as the best pound-for-pound fighter.
Jon Jones has reclaimed his spot as the UFC pound-for-pound king as he prepares to fight for the UFC heavyweight title later this year.
Kamaru Usman, Stipe Miocic, Alexander Volkanovski and Israel Adesanya are ranked second, third, fourth and fifth, respectively.
Dustin Poirier, Jan Blachowicz, Max Holloway, Deiveson Figueiredo and Justin Gaethje make up the top ten.
Petr Yan, Robert Whittaker, Francis Ngannou, Aljamain Sterling and Conor McGregor, who returns to the list, complete the updated UFC pound-for-pound rankings.
UFC Pound-For-Pound Rankings:
1. Jon Jones
2. Kamaru Usman
3. Stipe Miocic
4. Alexander Volkanovski
5. Israel Adesanya
6. Dustin Poirier
7. Jan Blachowicz
8. Max Holloway
9. Deiveson Figueiredo
10. Justin Gaethje
11. Petr Yan
12. Robert Whittaker
13. Francis Ngannou
14. Aljamain Sterling
15. Conor McGregor