Sources have confirmed to ESPN.com that both fighters have agreed to the matchup. The UFC has yet to announce an official date, but sources say the event will most likely take place Feb. 2.
Brazilian news site Globo first reported the matchup.
Traditionally, the UFC has held Super Bowl weekend events in Las Vegas.
Evans (17-2-1) hasn't fought since a unanimous decision loss to champion Jon Jones at UFC 145 in April. The Florida-based fighter earned his way to a title shot with a four-fight win streak, including a dominant performance over Phil Davis at a UFC on Fox event in January.
The former champ considered making a move to middleweight following the loss, but has opted to return to the 205-pound division for now.
Nogueira (20-5) will also be coming off a layoff, having not fought since a first-round TKO victory over Tito Ortiz in December 2011. The Brazilian had been scheduled to fight rising prospect Alexander Gustafsson in April, but withdrew due to injury.