Dana White offers more details on the Floyd Mayweather-Conor McGregor fight

The highly anticipated Floyd Mayweather-Conor McGregor fight is now official.

UFC president Dana White was a guest on ESPN and explained exactly when and how the fight will go down.

As reported earlier, the fight will take place at the T-Mobile Arena in Las Vegas on August 26.

The fight will be a boxing match at 154 pounds and the fighters will wear 10-ounce gloves.

Mayweather weighed 146 pounds for his last fight against Manny Pacquiao in 2015. The weight may be more challenging for McGregor. He was just 154.4 pounds for his last fight against Eddie Alvarez, but who weighed 168 pounds in his previous fight against Nate Diaz.

Mayweather Promotions will handle the undercard, which means boxing matches and no other UFC fights or fighters will be promoted.

When asked what this fight means for UFC, White admitted that there is not much in this for UFC, that he agreed to this fight because it is what McGregor wanted.

"I don't know what it means for UFC," White said on ESPN. "Conor McGregor is a guy who has done a lot of good things over there for the sport and for this company and he wanted this. And obviously the fans wanted this too... Not only for him, but at the end of the day, my job is to make fights that the fans want to see."