After months of negotiations, both men came to an agreement and the fight was officially announced on Wednesday.
Whatever the outcome of the fight, both McGregor and Mayweather will walk away with a significant boost to their net worth.
Conor McGregor, pictured during UFC 205 weigh-ins at Madison Square Garden on November 11, 2016 in New York City, will earn the biggest purse of his career against Floyd Mayweather. A generation's greatest boxer will face a UFC superstar in a boxing match on August 26 in Las Vegas.
His last fight came in September of 2015 when he picked up a unanimous decision win over Andre Berto.
Tammy Ross, who worked for HBO previous year as senior vice president of HBO PPV, told ESPN that she can see Mayweather-McGregor setting a new record because it will bring together both boxing and UFC fans.
"Just last week I was collecting the social welfare", McGregor said back then during a postfight press conference, per Yahoo! It has also intrigued some in boxing, though most dismiss McGregor's chances under boxing rules against one of the greatest defensive fighters in history. While you could argue his rivalry with Mayweather might be clouding his judgement, it would be irresponsible to dismiss his comments completely. McGregor is 27 years old and a southpaw. The chief executive of Mayweather Promotions, Leonard Ellerbe, was asked Wednesday night if the fight could gross half a billion dollars.
Didn't even really talk to him: Putin on Flynn
Here, she cited a number of cyber-hacking tools that USA intelligence has identified as having been used by Russian operatives. At one point Putin openly mocked Kelly's line of questioning, saying "you people are so creative over there".
"I've been watching him, Conor has a reach advantage and he's more powerful".
Mayweather vs. McGregor will take place at 154-pounds. He will go after Floyd Mayweather and he will try to knock him out'.
That line may move as the pay-per-view event gets closer and money starts coming in heavily on the bout. "All of a sudden people who have never really been interested in MMA or boxing are interested in this due to the nature of the competition".
Though Las Vegas oddsmakers have made Mayweather a heavy 10-1 favorite, the thought of the fight has excited many in the MMA world.
"They could've not f*cked that thing up worse with how late they got these tickets out", White said.