UFC handed out $75,000 bonus checks to six fighters after their performances at UFC 116. There was two Fight of the Night bonuses awarded.

Fight of the Night – Krzysztof Soszynski vs. Stephan Bonnar (Bonnar won by TKO in Round 2)
Chris Leben vs. Yoshihiro Akiyama (Leben won by submission in Round 3)

Submission of the Night – Brock Lesnar vs. Shane Carwin (Lesnar won by submission in Round 2)

Knockout of the Night – Gerald Harris vs. Dave Branch (Harris won by knockout in Round 3)