(Updated at 5:15 p.m. ET to reflect information from Bellator’s official press release.)

Bellator wants to create a distinct identity for its second pay-per-view event, so the Viacom-owned promotion is spinning off the pay portion of its June 24 event at Madison Square Garden in New York City.

A five-fight pay-per-view card will be branded as “Bellator NYC: Sonnen vs. Silva,” which will air after a two-hour, four-fight card dubbed “Bellator 180” on Spike. A person with knowledge of the decision today confirmed the news to MMAjunkie. The person spoke on condition of anonymity because broadcast details are not yet public.

Prelims for Bellator 180, which stream live on MMAjunkie, kick off at 6 p.m. ET, with the Spike-televised main card starting at 8 p.m. and the pay-per-view card at 10 p.m.

A grudge match between Chael Sonnen (29-14-1 MMA, 0-1 BMMA) and Wanderlei Silva (35-12-1 MMA, 0-0 BMMA) will headline the pay-per-view card, while a heavyweight rebooking between Fedor Emelianenko (36-4 MMA 0-0 BMMA) and Matt Mitrione (11-5 MMA, 2-0 BMMA) will serve as the co-main.

Also recently added to the pay-per-view portion card is a lightweight title fight between champ Michael Chandler (16-3 MMA, 13-3 BMMA) and Brent Primus (7-0 MMA, 5-0 BMMA), a booking first reported by MMAFighting.com.

Chandler, the No. 12 fighter in the USA TODAY Sports/MMAjunkie MMA lightweight rankings, returns to the cage after defending his belt against ex-UFC champ Benson Henderson this past November. The undefeated Primus most recently outpointed Gleristone Santos this past April to pick up his fifth straight Bellator win.

Bellator 180 serves as the Viacom-owned promotion’s debut at the storied Madison Square Garden in New York City. It’s also the second pay-per-view event for the promotion. The first was Bellator 120, which drew a reported 100,000 buys.

“As a fight promoter, my goal is to put together the biggest cards possible for our fans around the world,” Bellator President Scott Coker stated today in a press release announcing Bellator 180. “Bringing an event of this magnitude to a city and arena like New York and Madison Square Garden has been something Bellator, Spike and Viacom have wanted to make happen for quite some time. On June 24, the goal becomes reality, when we put on the biggest event in promotional history, Bellator NYC.”

Additional fights for both the pay-per-view and the Bellator 180 card will be announced in the near future. Tickets for the event start at $60.

For more on Bellator 180, check out the MMA Rumors section of the site.