Check out my rankings within each division by clicking on the links below.
Note: Results through July 24.
BANTAMWEIGHT DIVISION (UP TO 135 POUNDS)
1. Cody Garbrandt (11-0)
Garbrandt was supposed to have a "puncher's chance" against Dominick Cruz. He ended up having a lot more than that. Garbrandt sits atop the division after his win over Cruz, in one of the most spectacular performances of 2016.
2. TJ Dillashaw (14-3)
As far as getting a UFC title shot, it's easy to see why Dillashaw believes he has held up his end of the bargain. A narrow defeat to Dominick Cruz has now been followed by decisive wins against Raphael Assuncao and John Lineker.
3. Dominick Cruz (22-2)
For the first time in just about ever, Cruz struggled to get out of the way of his opponent's offense. A loss to Cody Garbrandt at UFC 207 does not erase what was otherwise a historical year for Cruz, who reclaimed his title after multiple injuries.
4. Raphael Assuncao (25-5)
A win is a win, and Assuncao barely squeaked one out against Marlon Moraes at UFC 212. That's a 9-1 record in his last 10 fights. One more signature win and Assuncao will have himself a darn good case for a title shot.
5. John Lineker (29-8)
Lineker remains one of the most dangerous fighters in the division, but a decision loss to TJ Dillashaw at UFC 207 highlighted some of his shortcomings as a mixed martial artist. Still, with the power he possesses, he'll always be in the mix.
6. Jimmie Rivera (21-1)
The New Jersey native is on a serious tear, having won 20 fights in a row. He looked like a serious title contender in his last fight, a decision victory over Thomas Almeida in July.
7. John Dodson (19-8)
A hard luck split decision loss to John Lineker in 2016 threw a serious wrench into Dodson's bantamweight title aspirations. He's now coming off a win over Eddie Wineland in April, however, and looking for big fights.
8. Marlon Moraes (18-5-1)
The longtime WSOF champion finally made his debut in the UFC, and came up short on a controversial set of scorecards against Raphael Assuncao. It's a good bet that better days are ahead.
9. Bibiano Fernandes (20-3)
Fernandes doesn't consistently go up against the top talent in the world fighting for ONE FC, but that only slightly diminishes the fact he has lost just one fight since 2008. He is coming off a split decision over Reece McLaren.
Next: ONE Championship on Aug. 5, vs. Andrew Leone
10. Bryan Caraway (21-7)
Whatever the reason, Caraway probably hasn't received enough credit over the course of his career. A win over undefeated ranked opponent Aljamain Sterling in May, plus a 7-2 record in his last nine, finally has Caraway near the top of his division.