McGregor v Mayweather is on with The Notorious set to earn up to $100 million

After months of speculation the long-rumored boxing match between Floyd Mayweather and Conor McGregor will take place Aug. 26 in Las Vegas. 

Floyd Mayweather posted on social media last night that “It’s Official!!!” and McGregor posted, “The Fight Is On,” hours after an Aug. 26 fight date at the MGM Grand was approved by the Nevada State Athletic Commission. The fight will be contested at 154 pounds.

Though the bout was approved for the MGM Grand, UFC President Dana White said it will take place instead across the Las Vegas Strip at T-Mobile Arena.

Mayweather, 40, retired from boxing after his last fight in September 2015.

McGregor, 28, is 21–3 in UFC fights, with his most recent fight coming in November against Eddie Alvarez.

McGregor boxed when he was younger, winning a junior national title, and relies significantly on his striking in MMA fights. He has won eight of his last 11 UFC fights by punch.

After taunting him for months, McGregor goaded Jose Aldo into going for a quick knockout in their 2015 meeting.

Instead, Aldo rushed into a left-handed punch and was finished in a title-fight-record 13 seconds.

McGregor later avenged a loss to Nate Diaz with great boxing skills, and he smashed then-lightweight champion Eddie Alvarez repeatedly before finishing him in November.

Dana White believes this showdown with Mayweather shows what a strong character McGregor is.

“Conor’s a mixed martial artist going into a boxing match with arguably the greatest boxer of all time. It actually elevates Conor McGregor, that this kid who had so much to lose is willing to step in and is absolutely confident he will win this fight,” White said.

“It’s one of the many reasons that people love Conor McGregor.

“Win, lose or draw, they’ll continue to love Conor McGregor. … He’ll fight anybody.”