UFC President Dana White is shaking his head at the recent announcement that Floyd Mayweather will once again come out of retirement to take part in an exhibition fight - this time against Youtube star Logan Paul.

Mayweather, 43-years-old and a former five division world champion, retired back in August 2017 when he stopped UFC superstar Conor McGregor in the tenth round at the T-Mobile Arena in Las Vegas.

He came out of retirement in December 2018, to take part in an exhibition fight in Japan. It was over before it started, as he demolished the undersized Japanese kickboxing star Tenshin Nasukawa in one round - and reportedly made $9 million for the fight.

The 25-year-old Paul, who likely outweighs Mayweather by 40-50-pounds, made his professional debut last year - when he lost a six round split decision to Youtube rival KSI.

The fight with Mayweather will take place on February 20th, with the venue being announced at a later date.

The event will be backed by Fanmio.com, which is going to distribute the fight as a pay-per-view. There will be tiers to the pricing, with the first million purchases costing $24.95. As the fight draws closer, the price will continue to increase - with $69.99 being the top amount starting on February 11.

White had been talks with Mayweather earlier this year, to co-promote a series of high-profile events. Mayweather would compete on those events, but it was never revealed if the fights would be set as exhibitions or fully sanctioned boxing matches. Their discussions were put on the shelf when the coronavirus pandemic broke out.

While White supported Mike Tyson's recent ring return against Roy Jones Jr. - a scenario where two former world class champions, in their 50s, fought in an exhibition, he's not as supportive when it comes to a fight between Mayweather and Paul.

“When people ask me what's the state of boxing right now, that's where it's at. Didn't that kid get beat up by the f--king video game kid from England and now he's going to fight Floyd Mayweather?," White told NELK boys.