The much-hyped Floyd Mayweather vs. Conor McGregor fight has been scheduled for Aug. 26 in Las Vegas, according to two people familiar with the negotiations.

The two people spoke to USA TODAY Sports on condition on anonymity because the date had yet to be released publicly.

Mayweather is the favorite with an undefeated (49-0) record, but he has been retired since September 2015. McGregor, a two-division UFC champ, applied for his boxing license in Nevada recently and would have to adjust to a boxing-only fight.

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