The card was headlined by the first Light Heavyweight Championship Bout (previously called "Middleweight") between Tito Ortiz and Elvis Sinosic.
The event also featured the first appearance of future Heavyweight Champion Ricco Rodriguez.
UFC 32 marked the last appearances of long time commentator Jeff Blatnick, who had been with the UFC since UFC 4 as well as Frank Shamrock, who had been commentating for the UFC as well after retiring his promotional Light Heavyweight championship.
The event poster shows the towers of the World Trade Center in the background. Less than 3 months after the event, they were destroyed in the September 11 attacks.
The event was seen live on pay per view in the United States, and later released on home video.