Amir Khan's next challenge will see him jump two weight divisions to fight Saul Alvarez for a shot at the WBC World Middleweight title.
The Bolton-born boxer took to social media on Tuesday to make the announcement, adding that there will be a catchweight stipulation of 155lbs.
The fight will take place on Saturday, May 7 in Las Vegas - just two days after the Cinco De Mayo celebrations, an important date for the Mexican Alvarez.
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"I know Canelo fights the best and wouldn't pass up the opportunity to face me like others have," said Khan, via BBC Sport.
"My goal is to always fight the biggest names and the best fighters. That is why I'm excited for this fight.
"I know I have the speed and ability to beat him and will give my fans what they deserve."
Prior to today's announcement, Khan had been rumored to be in line to fight fellow Brit, Kell Brook on June 4. That, though, is now out of the question.
Instead, Khan will face a tough test in a new weight category against a renowned fighter.
The 29-year-old has never before fought at Middleweight in any of his previous 34 professional fights.
His opponent, the 25-year-old Alvarez, meanwhile, is a seasoned fighter at the weight with all of his bouts since 2010 coming at Light Middleweight or Middleweight. That includes his unanimous points victory against Miguel Cotto for the WBC title in November, 2015.
His only defeat as a pro? Against Floyd Mayweather.
Khan has certainly given himself a challenge in taking on Alvarez, and few boxing fans could argue he is taking the easy option in 2016.
Boxing fans: Can Khan come out on top against Alvarez? Have your say in the comments below...