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Boxing fans have traded blows online after former five-weight world champion Floyd Mayweather Jr announced he will be stepping back into the ring to face YouTube personality Logan Paul in an exhibition bout next year.

Mayweather, 43, confirmed the news in an Instagram post on Sunday, revealing that he and Paul, 25, would be facing off on February 20 at an as-yet unnamed venue.

https://t.co/XC53S0ivef

It will be Mayweather’s first action since he demolished Japanese kickboxer Tenshin Nasukawa in an embarrassingly one-sided exhibition bout on New Year’s Eve in 2018, which netted the boxer a reported $9 million for just 140 seconds’ work.

The American ring icon last fought professionally when he faced UFC megastar Conor McGregor in Las Vegas in the summer of 2017, stopping the Irishman in the 10th round of a money-spinning contest which bagged Mayweather upwards of $100 million and which improved his unblemished record to 50-0.

Logan Paul – whose brother Jake recently boxed on the undercard of the Mike Tyson versus Roy Jones Jr undercard, knocking out former NBA star Nate Robinson – fought professionally last year against fellow YouTuber KSI, losing via split decision.

February’s fight – billed by Mayweather as a ‘Super Exhibition’ – will be streamed as a pay-per-view by fan experience platform Fanmio, with prices for the first 1 million customers set at $24.99, rising to $69.99 to fans forking out for the fight closer to the date.

On hearing the news, disgruntled members of the boxing community claimed that the contest would end up being a one-sided farce, despite Mayweather giving away almost two decades in age to his vastly less experienced rival.

What Logan sees after 1 round against Floyd: pic.twitter.com/xDTYwN3my3

MAYWEATHER KNOCKING LOGAN OUT IN THE FIRST ROUND

Some fans claimed Mayweather was doing further damage to boxing’s reputation by entertaining a “clown” like Logan, and was dangerously leading the sport into WWE territory.

How did Logan Paul finesse himself into these multimillionaire doller fights? Even he lose he win, cause he making bank and he’s already rich. There are fighters who worked hard there whole life and don’t get this kind of opportunity. Smh. We keep entertaining this clown.

Literally hundreds of boxers that have trained all their lives, hit rock bottom, climbed the ladder regional and upwards and this clown lands the blockbuster fight. It’s a joke to the sport

Spoiling the sport of boxing…this isn’t a game and starting to turn in to @WWE

UFC boss Dana White, who was involved in McGregor’s fight with Mayweather in 2017, also seemed less than enamored, commenting: “When people ask me the state of boxing right now, that’s where it’s at. Didn’t that kid [Paul] get beat-up by the f*cking video game kid from England? Now he’s going to fight Mayweather.”  

Dana White on Logan Paul vs Floyd Mayweather pic.twitter.com/USDMU8EilD

But Mayweather is a man who has always lived up to his ‘Money’ moniker, and some observers saw this as another display of shrewd business acumen from a fighter estimated by Forbes to be in an elite group of athletes to have reached more than $1 billion in career earnings.

Just embarrassing Floyd giving this man this much clout but get your bag

Here’s your reason pic.twitter.com/UIBlmmrSdR

It’s all about the money. He has had a great career and is now managing to make more than most fighters do in their whole career in a couple of exhibitions. Fucking genius.

YouTubers such as the Paul brothers stepping into the ring have also earned an unlikely ally in the form of heavyweight legend Tyson, who says they have helped revive interest in the sport. 

“Listen, my ego says so many things, but my reality is they help boxing so much,” Tyson said before he faced Jones. 

“Boxing owes these guys, they owe these YouTube boxers some kind of respect. They should give them some belts because these guys make boxing alive.

“Boxing was pretty much a dying sport. UFC was kicking our butts, and now we got these YouTube boxers boxing with 25 million views. Boxing’s coming back thanks to the YouTube boxers.”

Mayweather and Paul had traded online barbs in recent weeks, with the latter claiming the boxing icon had been stalling on signing a contract for the bout because he “can’t spell his own name.”     

But Mayweather has now put pen to paper, and the pair stand to make millions each from a fight which many are convinced shouldn’t even be going ahead in the first place.