and yes I agree Nick will be back next year but fuckman why is he so miserable? 
Regarding how he leapfrogged over the guys you listed, it comes down to taking a closer look at who Nick has fought over the years and defeated. Then, when you take a look at the big names he has defeated, you have to take into account who those guys defeated prior to taking on Nick. Based off of those direct and sometimes indirect statistics is how the UFC and Sherdog have Nick ranked as the #4 Welterweight.
Example, Junior Dos Santos is ranked higher than Fedor, but Junior has not fought at the level that Fedor fought for those two decades of dominance. But, since Junior fought and defeated Werdum, who in turn had consequently defeated Fedor, Junior then found himself ranked higher than Fedor (Prior to Fedor even losing to Big Foot & Henderson, they had Dos Santos ranked above Fedor). Their logic might seem odd, but it does make sense.
Now back to Diaz..
Did you see the post-fight press conference?
Look at Dana's face every time Nick talks to the media. Dana LOVES IT!
He knows damn well that Nick Diaz is a huge draw for big card events and Pay Per View revenue. Notice how as soon as Nick showed up to the press conference, it went from being a boring Q&A session to an exciting, anything-goes media event.
Nick took that conference and started to promote both a rematch with GSP or Condit and/or a possible super fight with Anderson Silva. Not to mention that he even went on about his trials and tribulations regarding his tax evasion over the course of his entire life. He is good for TV, good for revenue and throws people off their game. Dana is a huge fan of the WWe (Remember Brock'$ magical and short term reign as champ?) and their ability to make staged/choreographed fighting entertaining by way of it's behind the scene stories. What Diaz does it bring that level of circus theatrics to the UFC.
The guy is nuts, but he is entertaining to watch.
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