It's finally here. What we have all been waiting for has happened now, it’s booked and scheduled.

Terence Crawford and Errol Spence Jr. have agreed to a two-fight deal for the undisputed welterweight championship on July 29 at Las Vegas's T-Mobile Arena. Crawford and Spence will each earn eight figures guaranteed for the Showtime PPV fight, sources said, and there's a bidirectional rematch clause that the loser can trigger within 30 days after the fight.

PBC's Al Haymon, who advises Spence, and CAA's Ish Hinson, who advises Crawford, negotiated and now will deliver the most anticipated boxing match since the mega fight between Floyd Mayweather and Manny Pacquiao in 2015. It's going to be a two-fight deal for Crawford with PBC, sources said. After the probable return bout between Crawford and Spence, which must take place before the end of 2023, both guys are expected to move up in weight to the Junior Middleweight class '154 pounds'. 

This lengthy saga between the two leading up to Tuesday's announcement symbolize a longstanding issue within boxing. Without one governing body overseeing the sport, it's all too easy for backstage politics and posturing to get in the way of the most obvious matchups, one's fans would pay big money to see. Crawford vs. Spence is just the most recent example, where the prolonged negotiations inevitably sparked finger-pointing between the pair.

Spence (28-0, 22 knockouts) the 33-year-old Southpaw has made six defenses and added WBA and WBC titles to his IBF welterweight title. The First stop to greatnesses was Kell Brook (TKO 11) on the road in England to win the IBF welterweight title. He holds championship wins over Mikey Garcia (UD 12), Shawn Porter (SD 12), Danny Garcia (UD 12), and Yordenis Ugas (TKO 10).

Crawford (39-0, 30 KOs) the 35-year-old switch-hitter went on to win titles at 135, 140, and 147. However, it was his body of work at junior welterweight, where he became undisputed champion, which separated him from the rest. Since moving to welterweight Crawford has claimed the WBO title and made six successful defenses. Notable wins at 147 include Khan (TKO 6), Brook (TKO 4), Shawn Porter (TKO 10), and most recently, Avanesyan (KO 6).

Now we get to see two top-five pound-for-pound fighters, according to ESPN and The Ring. Crawford, ESPN No. 1 and The Ring’s No. 3 rated pound-for-pound fighter has been ranked on the list for 420 weeks. While Spence, ESPN and The Ring’s No. 4, rated pound-for-pound fighter has been ranked on the list for 298 weeks.

These two undefeated fighters are in boxing's most-anticipated bout in a while. This Mega fight would decide who is the Undisputed Champion in the welterweight division and this bout has no doubtingly brings the winner bragging rights about who is the world’s best No. 1 pound-for-pound fighter.