Lennox Lewis and Mike Tyson will meet June 8 in Memphis for the heavyweight championship, under a deal wrapped up Monday night after weeks of on-again, off-again negotiations.

Lewis will defend his WBC and IBF heavyweight titles against Tyson in one of the most anticipated fights in recent years, although one that might have lost some of its appeal as the two camps argued for years over whether they would actually fight.

The scheduled 12-round bout will be held at the Pyramid arena, which will seat about 20,000 and where ringside seats will go for $2,500. It could be one of the richest fights ever, with revenues approaching $100 million and each fighter due at least $17.5 million.