UFC light heavywight contender Ilir Latifi -- the #3 ranked fighter in the division -- called out Daniel Cormier to his face in an L.A. ... and TMZ Sports has the video.
It's not a nasty feud by any means -- but Latifi definitely wants a title shot and, when he saw Cormier on Thursday, he let the trash talk fly.
Cormier said he'd beat Latifi's ass -- saying it would be like taking "free money."
We spoke with Latifi after the incident and he reiterated that he thinks Cormier is a fatty .