McGregor has signed agreement to Fight Mayweather.

UFC President Dana White announced that he and Conor McGregor have agreed to terms they look forward to presenting to Floyd Mayweather Jr., in hopes of officially signing a contract for the mega fight, on Wednesday, May 17. While there is no guarantee that Mayweather will accept their proposal, especially if it doesn't grant him a $100 million guarantee, the news signifies for the first time that the party to which McGregor is contractually obligated will support him at the table.

Getting White and the UFC to buy in to the event had been Mayweather and McGregor's biggest challenge. The two superstars have for made their interest in getting in the ring together clear for a year now, but whenever White came before reporters he maintained that he had not even been formally approached about the fight. Much of that had to do with Floyd's attempts at getting Conor to man up without the company, which proved to be more than he could chew, as promotion for a fight stretched for as long as it could, but began to fade without his having the ability to present the public with actual logistics on the event. Now team Mayweather and team McGregor can officially get down to business.

McGregor has issued a statement on the development, through TheMacLife.com, which reads: "It is an honour to sign this record-breaking deal alongside my partners Zuffa LLC, The Ultimate Fighting Championship and Paradigm Sports Management. The first and most important part of this historic contract has now officially been signed off on. Congratulations to all parties involved. We now await Al Haymon and his boxer's signature in the coming days."

Source: bleacherreport.com