Cormier and Velasquez are close friends and teammates at American Kickboxing Academy in San Jose, Calif., and Cormier has no desire to fight him.
But aside from not wanting to fight his friend, Cormier is excited by the possibility of facing UFC light heavyweight champion Jon Jones.
"I'm not saying that's what I want to do (move to light heavyweight) right now," Cormier told ESPN.com. "A lot depends on what happens between Cain and (current UFC heavyweight champion) Junior dos Santos. "
Dropping to 205 pounds "is a potential plan B if Cain becomes champion again, which I think he will," Cormier said. "Imagine that: Me and Jones standing across the cage from one another. That would be crazy because you know I'm putting him on his back."
I wouldn't want to fight Velasquez right now either teammate or not. I'm not sure about this though, I'd like to see what he can do at heavyweight honestly.