The Mayweather-McGregor mega-fight is officially set

At long last, Floyd Mayweather and Conor McGregor have finalised a deal for a boxing-only, mega-fight, according to Yahoo’s Kevin Iole.

According to Iole, termsĀ are not yet known, but the fight is set to take placeĀ at the MGM Grand Garden or T-Mobile Arena in Las Vegas on August 26.

Mayweather confirmed the fight on Wednesday on Twitter.

Rumours and reports of a fight have been floating for almost a year, with both fighters openly acknowledging a potential bout. However, a deal was held up over money and several logistical issues, including McGregor’s contract with UFC.

In recent months, however, the two sides appeared to get closer to a deal, with UFC president Dana White even getting involved in the negotiations. In May, White said that the two agreed to a fight, and they were waiting to finalise the terms.

While terms are still unknown, it’s been reported that Mayweather would get the larger purse, potentially as high as $US100 million, according to White, likely the motivation in luring him out of retirement and risking his perfect 49-0 career record. White also said he thinks McGregor could get as much as $US75 million.

It remains a huge question mark how McGregor, a trained mixed fighter, would fair in a boxing match, but it’s clear that he’s pursued ths fight for a while.

While most boxing fans and experts feel it’s a long shot for this to be a competitive bout, it will undoubtedly be one of the most hyped sporting events of the year.

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