The event, which has yet to be officially announced by the UFC, is expected to air live on Spike TV. All signs point to the card being headlined by Tito Ortiz vs. Antonio Rogerio Nogueira.
McCorkle (10-1) suffered the first loss of his professional MMA career earlier this month when he was defeated via TKO by Stefan Struve at UFC 124. He submitted Mark Hunt in just 67 seconds in his September UFC debut.
The 24-year-old Morecraft (6-1) is also looking to get back on track after dropping his UFC debut to Struve in August. Prior to that loss, Morecraft had finished the first six opponent he faced in the first round.
No word just yet on if the fight will air on television.