Chael Sonnen called it! Wanderlei replaced by Belfort...

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"The Phenom" is back.

The Ultimate Fighter: Brazil 3 coaches Wanderlei Silva and Chael Sonnen won’t fight on July 5. The former PRIDE champion missed a meeting with Nevada State Athletic Commission (NSAC) and won’t get licensed to fight in Las Vegas, so Vitor Belfort will replace the fellow Brazilian against Sonnen.

MMAFighting.com confirmed the news with sources close to the situation. Combate first reported the change.

According to the report, Belfort passed all the tests run by NSAC and was licensed to fight Sonnen on July 5.

Belfort (24-10) returns to the Octagon for the first time since pulling out of a title fight with Chris Weidman at UFC 173. Lyoto Machida replaced Belfort, and the fight was moved to July 5 after the champion needed surgery in both knees. He won three straight in 2013.

Sonnen (28-14-1) was originally scheduled to face Silva on May 31 in Sao Paulo, Brazil, but the fight was moved to UFC 175 after the Brazilian got injured during a brawl with Sonnen during TUF

source

Well Belfort isn't 100% in the clear yet:

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A report from Combate.com on Wednesday declared that Wanderlei Silva missed a required licensing hearing in Nevada for his UFC 175 fight with Chael Sonnen. The report continued to state that Vitor Belfort had already agreed to take Silva’s place, and was already cleared by Nevada to fight.
That is mostly true.
The Ultimate Fighting Championship on Wednesday confirmed to MMAWeekly.com that there were indeed issues related to Silva’s licensing that have knocked him out of the highly anticipated fight with Sonnen. Company officials also confirmed that Belfort has agreed to step in for him.
“Due to issues related to Wanderlei Silva’s licensing in the state of Nevada, the UFC was forced to seek a replacement opponent to face Chael Sonnen at UFC 175 on Saturday, July 5 in Las Vegas,” according to a statement from the UFC. “Former UFC champion Vitor Belfort has accepted the fight with Sonnen, subject to Belfort receiving a license to compete from the Nevada Athletic Commission.”
Although UFC officials did not clarify Silva’s licensing issues, Nevada State Athletic Commission Chairman Francisco Aguilar told MMAWeekly.com that Silva never submitted an application to get licensed in Nevada, while Belfort did.
But that doesn’t mean that everything is smooth sailing into the planned July 5 showdown.
Sonnen and Belfort, both age 37, are required to undergo a comprehensive review, which includes providing urine samples as part of their medical requirements and going before the commission in order to get a license to fight.
Sonnen already did so, and received approval at the commission’s last meeting.
 
Belfort last week submitted his application and required medicals, and Aguilar said that his test results showed that he was within the proper limits. He will, however, still have to go before the commission on June 17 for a comprehensive review by the commission before he receives an approval or denial.
While Belfort’s urine samples and other medical requirements were approved, the comprehensive review is likely to be more than a formality, if past cases are any indicator.
Belfort has failed a drug test in Nevada in the past, while fighting for Pride FC, and he has the ghost of unreleased drug test results from a surprise drug test administered by the Nevada commission in February lingering over his shoulder. Either or both could become a part of the comprehensive review, and thus, public record, if he is asked about them by commissioners at the June 17 meeting, which is likely to happen.
Fighters that have failed drug tests in the past in Nevada, have generally been questioned about them when they once again meet with the commission for approval for a new license in the state. That does not necessarily mean that they will be denied a license. Fighters such as Alistair Overeem and Josh Barnett are two prominent fighters that have had issues with the commission in the past that have gone on to gain clearance to fight in the state again.

http://www.mmaweekly.com/ufc-confirms-wanderlei-silva-out-vitor-belfort-in-vs-chael-sonnen-at-ufc-175-with-one-hitch

So as long as his appearance before the commission doesn't turn into a disaster, he should be good to go.

Man wandys name is going right into the dirt at this point.All that smack talk and getting in his face at events to turn tail and run and what makes it worse is Sonnen even said he would find a way to back out of this fight.

Its a tough one. Wanderlei is obviously in need of TRT especially to maintain his insane training regimen. I can't see him at his age being able to train hard enough to be able to protect himself in a real fight without TRT. With his penchant for being KO'd these days a TRT-less Wandy would have to be the perfect storm for a newsreel, career ending KO.

TRT-less Wandy vs TRT-less Henderson would be a good show.

I heard that the commission showed up as a surprise to random test Wandy and he literally took off and ran.