Teixeira (25-5) suffered an August loss to Anthony Johnson via knockout, snapping his three-fight win streak. The former title contender is 8-3 with the UFC.
Manuwa (16-2) has alternated wins and losses over his last four after starting out 14-0. In October, he knocked out Ovince Saint Preux for the biggest win of his career.
UFC 208 takes place January 21 from the Honda Center in Anaheim, California.