Evans defeated Forrest Griffin ten years ago at UFC 92 to become the light heavyweight champion before losing his title to Lyoto Machida in his first defence.
Following losses to Glover Teixeira and Ryan Bader, Evans announced his move to middleweight but was unsuccessful against Daniel Kelly in his debut at 185lbs.
Evans was on the losing side of a split decision against Sam Alvey in August meaning he has not tasted victory since 2013.
The American was rumoured to be in talks to fight Michael Bisping at UFC London, but that fight failed to materialise.
He will now return to the division where he made his name to fight Smith is also moving up in weight for the upcoming bout.
Smith, 4-1 in the UFC, will pose another stiff challenge for the former champion. The veteran recently fought at UFC Belem, losing to Thiago Santos by knockout in the second round; where he earned a fight of the night bonus.
Evans needs to curb his four-fight losing streak or faces being cut from the UFC roster, especially considering he takes home a reported $150,000 flat fight purse.
Smith has the opportunity to add a reputable name to his list of victories and make a name for himself in the light heavyweight division which is desperately in need of some new contenders.
UFC 225 is rumoured to be headlined by Robert Whittaker defending his middleweight championship against Yoel Romero.
Do you think Rashad Evans will be successful on his return to light heavyweight? Comment below!