UFC 2: No Way Out (later renamed UFC 2 or The Ultimate Fighting Championship 2) was a mixed martial arts (MMA) event held by the Ultimate Fighting Championship (UFC) on March 11, 1994, at Mammoth Gardens in Denver, Colorado. The event was seen live on pay-per-view in the United States, and was later released on home video.

UFC 2 featured a sixteen-man tournament format, the first and only one in UFC's history, with the winner receiving $60,000. The first seven bouts were not aired on the live pay-per-view broadcast, but were on the home video version. The tournament had no weight classes or weight limits. Matches had no time limit or rounds, therefore no judges were used.

Competitors could only win a match by submission, by the opponent's corner throwing in the towel, or by knockout. UFC 2 marked the debut of referee Big John McCarthy.

¹ Frank Hamaker was forced to withdraw due to injury. He was replaced by Fred Ettish.

Kenneth Wayne Shamrock (born Kenneth Wayne Kilpatrick; February 11, 1964) is an American mixed martial artist, UFC Hall of Famer and professional wrestler. Shamrock emerged as one of the biggest stars in the history of mixed martial arts, headlining over 15 main events and co-main events in the Ultimate Fighting Championship and Pride Fighting Championships during the course of his career and set numerous pay per view records with his drawing power. Shamrock is widely considered to be a legendary figure and icon in the sport of mixed martial arts. Shamrock was named The World's Most Dangerous Man by ABC News in a special entitled "The World's Most Dangerous Things" in the early part of his UFC career, a moniker which has become synonymous as his nickname.

Shamrock became known early on in the UFC for his rivalry with Royce Gracie. After fighting to a draw with Gracie in the inaugural Superfight, he became the first UFC Superfight Champion after defeating Dan Severn at UFC 6; the title was eventually renamed the UFC Heavyweight Championship when weight categories were introduced to the UFC. He was also the first foreign MMA Champion in Japan, winning the title of King of Pancrase. During his reign as the UFC Superfight Champion, he was widely considered the #1 mixed martial artist in the world. Shamrock was also ranked by Inside MMA as one of the top 10 greatest mixed martial arts fighters of all time.

Royce Gracie (Portuguese: [ˈʁɔjsi ˈɡɾejsi], English: /ˈrɔɪs ˈgreɪsiː/; born December 12, 1966) is a Brazilian professional mixed martial artist, a UFC Hall of Famer and Brazilian Jiu-Jitsu practitioner. A legend and pioneer in the sport of mixed martial arts, he is widely considered to be the most influential figure in the history of modern MMA.

Gracie gained fame for his domination in the Ultimate Fighting Championship. He became known for beating opponents much larger than he was, and between 1993 and 1994, he was the tournament winner of UFC 1, UFC 2, UFC 4, and fought to a draw with Ken Shamrock in the championship match in the Superfight at UFC 5. Gracie popularized Brazilian Jiu-Jitsu and revolutionized mixed martial arts with his results contributing to the movement towards grappling and cross-training in the sport.

He holds the most submission victories in UFC history with 11, which he earned between UFC 1 and UFC 4.

Royce is a member of the Gracie family. He is the son of Hélio Gracie (Helio along with his older brother Carlos Gracie are the originators of Gracie Jiu-Jitsu—Modern Brazilian Jiu Jitsu) and spent his childhood in Rio de Janeiro, Brazil. As a toddler, Gracie learned Jiu-Jitsu from his father and his older brothers Rorion, Relson, and Rickson Gracie. He began competing at the age of 8 and by the time he was 16 had attained the level of blue belt.

Anderson da Silva (Portuguese pronunciation: [ˈɐ̃deʁsõ ˈsiwvɐ]; born April 14, 1975) is a Brazilian mixed martial artist. He is the current UFC Middleweight Champion and the promotion's longest reigning champion. With 14 consecutive wins and 9 title defenses, Silva holds the longest winning streak and title defense streak in UFC history.

Silva is ranked as the number one Middleweight in the world by multiple publications, and is the consensus No. 1 pound-for-pound fighter in the world according to ESPN, Sherdog, Yahoo! Sports, MMAFighting.com and other publications. UFC president Dana White has proclaimed Silva as "the greatest mixed martial artist ever."^{[undue weight? – discuss]} Silva is also the last Cage Rage Middleweight Champion and a former Shooto Middleweight Champion. Besides the UFC and Cage Rage, Silva has fought for a number of other MMA promotions including the Pride Fighting Championships, Shooto and Rumble on the Rock.

Although known primarily for his mastery of Muay Thai striking, Silva is also a Brazilian Jiu-Jitsu blackbelt, a rank he earned in 2006 from Antônio Rodrigo Nogueira who follows Gracie Lineage through Carlson Gracie, like Murilo Bustamante and the Brazilian Top Team. He began martial arts training at the age of 14, training Tae kwon do and earning a black belt by the age of 18. He is also a black belt in Judo and a yellow rope in Capoeira.

Yushin Okami (岡見 勇信, Okami Yūshin^?, born July 21, 1981) is a Japanese mixed martial artist. He currently fights at middleweight for the Ultimate Fighting Championship (UFC). Okami is currently ranked the #8 best middleweight in the world by Sherdog and the #7 best middleweight by MMAWeekly.

As an amateur, Okami fought in the pre-Pride 4 tournament, defeating two opponents before submitting Yuuki Tsutsui in the finals via triangle choke to win the tournament. He began his professional career in 2002, fighting in the GCM promotion and Pancrase as well as making an appearance at Pride The Best Vol.3, amassing a professional record of 6–0. In 2003 he competed in the ADCC Submission Wrestling World Championship, but was defeated by Matt Lindland. Also in 2003, he suffered his first professional MMA loss to Amar Suloev.