Update on 6/14/17 at 5:30pm EST: Yahoo Sports is reporting a well-placed source has confirmed that Floyd Mayweather vs Conor McGregor will take place, and Mayweather is expected to make the announcement on social media as early as Wednesday.
Terms of the deal were not available, but it will either be at the MGM Grand Garden or T-Mobile Arena in Las Vegas. The Nevada Athletic Commission on Wednesday approved the request from Mayweather Promotions to put on a boxing card on Aug. 26 at the MGM Grand. The venue could change, however, to T-Mobile, and the fight will be available via Showtime PPV.
Update at 6pm EST: Floyd Mayweather and Conor McGregor have officially announced the fight on social media as seen below:
THE FIGHT IS ON. pic.twitter.com/KhW0u3jRft
— Conor McGregor (@TheNotoriousMMA) June 14, 2017