Yahoo! Sports reports that full terms were not available for their report, but that the fight will happen in Las Vegas at the MGM Grand or T-Mobile Arena.
Mayweather, 40, is undefeated in 49 boxing matches, winning 26 by knock-out.
The undercard of Mayweather-McGregor will be a purely boxing event, with no UFC involvement. "I am also anxious for this event to be over so the UFC lightweight champion can face the top contenders in MMA's most talented division".
The Irishman is arguably the biggest selling pay per view star in combat sports now, but will be fighting in his first boxing bout against one of the greatest boxer's of all time.
Conor McGregor has a way of manifesting dreams into reality. "So I think he has to really keep his end strong for this fight".
"People will think I'm insane and people will go mad about this but, mark my words, Conor McGregor is going to knock Floyd Mayweather out cold", he told Sky Sports. "Win, lose or draw, I finally and forever become a true McGregor fan because he continues to challenge himself and the norms of society".
Think Mayweather-McGregor is a freak show? However, experience is clearly on his side in this fight as his opponent has never had a professional boxing match.
Despite the mismatch, one of the biggest reasons this fight has felt inevitable is because of the money. The fans wanted to see this fight, it's the most talked about fight on the planet right now.
Go ahead and block off August 26-27 on your calendar now.
Most observers are less impressed and do not expect the fight to be competitive: Mayweather was listed as a -1100 favorite at the Westgate Las Vegas SuperBook, meaning bettors would have to risk $1,100 on Mayweather to win just $100. "Whenever he hits people, they fall", said White.
Like Ellerbe, we'll all have to wait to see if this fight is going to be as exciting as its buildup, but one thing is certain: whatever takes place inside the ring will be historic.
India wins toss, elect to field in Champions Trophy final
India , the defending champions, were never in the game after falling to 33-3 and then 54-5 in their chase of Pakistan's 338-4. Pakistan will be out for revenge while India will aim to maintain their dominance when the arch-rivals meet in the final.
Suspected jihadists attacked a tourist resort in Mali's capital
There was no immediate claim of responsibility for the attack, which came amid the final week of the Muslim holy month of Ramadan. There are no French troops in the capital but approximately 2,000 are based in northern Mali fighting Islamic militants.
Navy stops search for missing sailors after bodies found
Bryce Benson was the first to be evacuated from the damaged vessel and is being treated at the US naval hospital at Yokosuka . The victims might have been killed by the impact of the collision or drowned in the flooding, said Navy spokesman Lt.
76ers, Celtics agree on trade for No
But sources confirmed Friday night that the Sixers , who have the third pick, were in advanced talks with the Celtics for a swap. Yet, there is a strong argument as to why they shouldn't trade the prized pick in exchange for a ready-made star this offseason.