'Impossible deal’ for Mayweather-McGregor done, with record PPV sales expected
The heavily-anticipated boxing match between Floyd Mayweather and mixed martial arts superstar Conor McGregor will take place in August after the two parties finally concluded a deal.
Multiple world champion Mayweather posted on his Twitter page yesterday that the fight, which was first mooted last year, will take place in Las Vegas, Nevada on 26 August.
Earlier this week, details of a booking made by the American’s Mayweather Promotions company for a “professional boxing event” at the MGM Grand in Las Vegas were leaked, but UFC president Dana White, who is representing McGregor, said yesterday that the fight will be staged at the city's T-Mobile Arena.
He told ESPN: “The impossible deal is now done.”
The contest will be broadcast in USA on pay-TV channel Showtime.
It is expected the fight will break the US record of 4.5 million pay-per-view buys, which was set for the 'Fight of the Century' between Mayweather and Manny Pacquiao in 2015.
That tally comfortably beat the previous record of 2.48 million buys for Mayweather’s clash with Oscar de la Hoya in 2007.
The Mayweather-Pacquiao clash generated at least $400 million in US PPV turnover and worldwide revenue exceeded $500 million.
It estimated that UFC champion McGregor and Mayweather could make up to $100 million each from this year's fight.
Last month, McGregor said he had “officially” agreed to the fight, but was still waiting for Al Haymon, Mayweather’s agent, to sign off the deal.
In the very public negotiations for the fight, Mayweather has offered McGregor $15 million and a percentage of the pay-per-view sales for the crossover fight.
White has previously talked of a minimum of $25 million for each fighter, plus a cut of PPV revenues.