By Mark Vester

The contracts are signed and the fight is officially on. WBC welterweight champion Floyd Mayweather, Jr. (38-0, 24 KOs) and challenger Ricky Hatton (43-0, 31 KOs) have both signed the fight contracts for a Dec. 8 showdown, televised by HBO Pay-Per-View.

The fight is slated to take place in Las Vegas, Nevada at the MGM Grand. Ray Hatton, father of Ricky, said that both side sides have signed for the fight and they now await the date and venue to be made official.

"The contract provided what we wanted and we are officially signed up and our lawyers have told us that the Mayweather camp have also signed," Hatton Sr. said. "Now we are just waiting for the date and venue to be made official."

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