Floyd Mayweather will fight UFC champion Conor McGregor in a light-middleweight boxing match in Las Vegas on 26 August.

Mayweather McGregor
The official fight poster as released by Showtime PPV

The hotly debated boxing match will mark the first time that a current UFC champion challenges a boxer in a boxing match.

UFC president Dana White said Wednesday on SportsCenter that the fight will take place at T-Mobile Arena and be contested at 154 pounds. Both fighters will wear 10-pounce gloves, White said.

The fight, which will be sanctioned by the Nevada Athletic Commission, will be a professional boxing match; meaning if Mayweather wins, he’ll be the first boxer to have a perfect 50-0 record. It is expected as the most anticipated a?mixeda? fight since Muhammad Ali vs. Antonio Inoki in June 1976.

Mayweather Jr. (49-0), considered one of the greatest boxers of all time, announced his retirement from the sport following a September 2015 win over Andre Berto. However, he said recently that he was only interested in returning to action for a fight against McGregor.

McGregor, who has never boxed professionally, became the UFC’s first dual-division champion in November 2016 and has previously challenged Mayweather to a fight under mixed martial arts rules.

Mayweather, 40, and McGregor, 28, have been flirting with the idea of fighting each other for almost a year; but things seemed to heat up after McGregor defeated Alvarez at Madison Square Garden late last year.

Mayweather vs McGregor – Biggest PPV Fight Ever ?

Mayweather McGregor .

The event is expected to generate more than half a billion dollars and has every chance of breaking the pay per view record of 4.6 million buys; set when Mayweather met Manny Pacquiao in May 2015.

“It’s definitely going to be the biggest fight ever in combat sports history and probably going to be the biggest pay day ever; all sides involved are pretty happy with their deals,” Dana White said.

Leonard Ellerbe, chief executive of Mayweather Promotions, added: “There is a different feel from the Pacquiao fight. It is the unknown factor.”

“There is not one place I go to with Floyd where he doesn’t get asked the question; ‘Floyd, are you going to fight Conor McGregor?’ All Floyd thinks about is fighting Conor McGregor.”

Mayweather will fight for the first time in two years at the T-Mobile Arena while McGregor will box professionally for the first time ever.

UFC president Dana White has claimed McGregor will earn $100m (A?78.5m) from the fight while Mayweather is likely to pocket significantly more.

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