Mayweather coming back to fight UFC star McGregor Aug. 26

The fight is expected to gross millions of dollars with Mayweather a solid favourite.

But how much of a chance to win does McGregor realistically have? Mayweather retired from pro boxing in 2015 after defeating Andre Berto, while McGregor (21-3) defeated Eddie Alvarez in November 2016.

The UFC stripped McGregor of his featherweight belt shortly after that fight when he announced he would be taking some time off after he and long-time partner Dee Devlin had their first baby in May.

Early Wednesday, before the fight was announced, ABC News reported that major Las Vegas sportsbooks had Mayweather as a -900 favorite, meaning bettors must wager $900 to win $100. Though he hasn't boxed professionally, McGregor did box while growing up and is known for his striking expertise in UFC.

Showtime Sports executive vice president Stephen Espinoza said the fight had the potential to appeal to an entirely new category of fans.

This would mean that Floyd would earn no less than 100 million from the fight. It finally came together over the last few days, and Nevada boxing officials on Wednesday approved the date for a Mayweather Promotions bout. This is a flawless storm of combat sports weirdness that will amount to one of the biggest money fights in the history of the world, and will no doubt be one of the most entertaining lead ups to a fight in combat sports history.

White said the fight would be at 154lbs - light middleweight - and added: "It'll be in a ring, it's a boxing event".

Mayweather, who has been semi-retired since 2015 and holds a flawless professional record of 49 wins (26 KOs), will have his chance of extending his streak to 50 wins and break the tie with Rocky Marciano for the best undefeated record in boxing history. Promoters are hoping the trash-talking McGregor can sell tickets. It comes less than a month before Gennady Golovkin and Canelo Alvarez meet in a highly anticipated fight that could rival it for pay-per-view buys. The fight will take place in a boxing ring and be governed by boxing rules.

The fight is also likely to be lucrative for White, who orchestrated McGregor's side of the deal and has been vocal about his desire to help one of his top fighters take Mayweather on in the boxing ring.

FILE - In this May 2, 2015, file photo, Floyd Mayweather Jr. celebrates during his welterweight title fight against Manny Pacquiao in Las Vegas.

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