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It's happening, folks.
Conor McGregor and Floyd Mayweather have finally agreed terms to meet each other in the ring in what is set to be one of the most hyped sporting events of modern times.
UFC legend McGregor will pull on the boxing gloves and take on the undefeated American in Las Vegas on August 26 .
Mayweather has not fought for two years, announcing his retirement after his win over Andre Berto in September 2015, which saw him finish with a perfect 49-0 record.
The Irishman has never fought professionally in the boxing ring and will go into the Vegas bout as the heavy underdog.
(Photo: PA)
(Photo: Getty Images)
The pair will fight under boxing rules, for a 12 round fight at the light-middleweight limit of 154lb.
Showtime will televise the bout on pay-per-view in America, while a bidding war is likely to take place between Sky Sports and BT Sports.
What is certain is that it will bring in an eye-watering amount of money, with sums of £500million being banded around.
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Mayweather is expected to earn at least $100m (£78.5m) from the fight and while it is thought McGregor may have agreed a smaller share, UFC head honcho Dana White told TMZ that he expects the Irishman to rake in $100m, although he did not break down the financials.
Either way, this is set to be one of the biggest fights in recent memory, and the build-up is only just beginning.