UFC President Dana White and CEO of Mayweather Promotions Leonard Ellerbe on Wednesday announced what could be the biggest fight in combat sports history, boxing legend Floyd Mayweather taking on Conor McGregor.

The super-fight is scheduled to take place on August 26, 2017 at the T-Mobile Arena in Las Vegas, NV.

While Mayweather will be aiming for a 50-0 milestone, Mcgregor will be walking into the ring as an underdog for his professional boxing bout.

Speaking while addressing the media, White said: “Floyd is the greatest of all time and Conor is the master of our sport,” MMA promoter Dana White said. “I thought it would be an impossible deal to do, but it was the right fight at the right time and we got it done.”

After months of speculation and hype, the announcement triggered both criticism and anticipation for what is set to be one of the richest fights in history.