Here’s everything you need to know about the Mayweather vs. McGregor boxing match going down Aug. 26, 2017.

It’s happened. The long-rumored Conor McGregor vs. Floyd Mayweather boxing fight will take place Aug. 26, 2017, at T-Mobile Arena in Las Vegas, Nevada. The news was made official by UFC president Dana White on Sportscenter, and he confirmed a number of details about the 12-round fight.

For weight, the match will be contested at 154 pounds. That’s an advantage for McGregor, who has fought as high as 170 pounds in the past and is the current UFC 155-pound champion. Mayweather, meanwhile, has competed at weights as low as 130 pounds, with his later bouts sitting around 145 (although he did agree to 152 pounds for his fight against Saul “Canelo” Alvarez). In the past Mayweather has forced larger fighters to compete at lower weights, but in this case McGregor will get to carry his typical UFC weight into the ring, giving him a decent size advantage over Mayweather.

The glove size for the bout has been set at 10 ounces. Compare that to MMA gloves, which are between 4 oz. and 6 oz. and boxing gloves which range from 8 oz. to 20 oz. Mayweather has worn 10 oz. gloves for many of his recent fights, and this goes along with Nevada statute that sets 8 oz. gloves for fights under 147 pounds and 10 oz. gloves for those above.

T-Mobile Arena has ended up the venue of choice despite earlier rumors that it may be held at MGM Grand to accommodate the NBA’s Big3 event that was originally scheduled for T-Mobile Arena. Showtime will handle the pay-per-view (PPV) broadcast duties and the undercard, meaning we shouldn’t expect more UFC vs. boxing fights at the event as has been rumored in the past. Both Anderson Silva vs. Roy Jones Jr. and Jimi Manuwa vs. David Haye were rumored at different times, but White said he “highly doubts” the card will feature such matches.

Both Floyd and Conor will be tested by USADA for performance-enhancing drugs leading up to the bout.

While White wouldn’t discuss financial specifics like the purse split, he did confirm that Conor McGregor was set to make somewhere in the region of $100 million off this fight.

ESPN took a stab at breaking down how much money the Mayweather vs. McGregor fight will make, estimating the fight will make approximately $606.1 million. To put that into context, it looked at the Mayweather vs. Pacquiao fight with the same parameters and it came out around $623.5 million. The fact that Mayweather vs. McGregor is knocking on the door of the Mayweather vs. Pacquiao numbers is especially impressive considering that fight sold an astounding 4.6 million PPV buys.