When you combine the wealthiest name in boxing and the wealthiest name in MMA, one thing is certain – money and a lot of it.

The super fight between Floyd Mayweather and Conor McGregor will be worth one billion dollars. Yes, you read it right. One billion. That’s around £784 million. The fight is expected to be the richest combat sports bout in history.

In an interview with TMZ.com, UFC President Dana White revealed that McGregor will receive a nice sum of a 100 million dollars which is around £78 million. One can only imagine the figures that ‘Money’ Mayweather will bank from this event.

The fight was officially announced on Wednesday when both fighters updated their social media accounts.

Mayweather and McGregor will fight on August 26th at T-Mobile Arena in Las Vegas, Nevada.