Floyd Mayweather vs. Conor McGregor Boxing Match Official for Aug. 26 in Las Vegas

IT'S OFFICIAL!!! https://t.co/ND07Ixugs2 pic.twitter.com/JpqFW5WbcB

— Floyd Mayweather (@FloydMayweather) June 14, 2017

After months of speculation, the Floyd Mayweather Jr. vs. Conor McGregor boxing match is finally official.

Both Mayweather and McGregor confirmed the bout via social media on Wednesday afternoon. During an appearance on ESPN’s SportsCenter, UFC President Dana White said the bout will be contested at 154 pounds and will take place at T-Mobile Arena in Las Vegas. Both fighters will wear 10-ounce gloves for the 12-round super welterweight contest. Further details, including fighter purses, have yet to be announced. White previously predicted that McGregor would make $75 million for a bout, which would be by far the largest payday of the Irishman’s career.

White confirmed that he had come to terms on McGregor’s portion of the deal last month. The UFC boss claimed there were no issues in dealing with Mayweather.

“We’ve been in negotiations now for a while, and to be honest with you, negotiations went smooth,” White said. “Floyd is surrounded by some smart people and we got this thing done. The impossible deal is now done.”

Mayweather compiled a 49-0 record before retiring following a unanimous decision victory over Andre Berto in September 2015. “Money” is regarded as one of the greatest boxers of all-time and owns victories against the likes of Manny Pacquiao, Oscar de la Hoya, Miguel Cotto… He ended his retirement earlier this year in order to pursue a bout against McGregor.

McGregor owns a 24-3 professional mark in MMA and has captured titles at featherweight and lightweight in the UFC. He last appeared at UFC 205 in November, where he knocked out Eddie Alvarez in the second round to claim the 205-pound strap. McGregor, however, has no professional boxing experience.

Regardless, White says the SBG Ireland representative is extremely confident in his abilities.

“He is absolutely, 100 percent positive he wins this fight, and I stopped doubting Conor McGregor a long time ago. When two men step into the ring or octagon or whatever it is, anything is possible,” White said. “Floyd Mayweather is 40 years old, he’s always had problems with southpaws, and Conor McGregor is 27 years old, and he is a southpaw. Whenever Conor hits people, they fall. So it’s interesting.

“I’m not saying Conor McGregor’s going to win; I’m not saying Floyd Mayweather’s going to win. But I’ll tell you this, the reason Conor McGregor is as big as he is, is he will fight anybody, anytime, anywhere. He will go after Floyd Mayweather, and he will try to knock him out.”

— Dana White (@danawhite) June 14, 2017

THE FIGHT IS ON. pic.twitter.com/KhW0u3jRft

— Conor McGregor (@TheNotoriousMMA) June 14, 2017