Mark Wahlberg and Will Smith will be offered a cool $1 million each to fight in a celebrity boxing match on February 26, 2011, in Las Vegas, RadarOnline.com has learned exclusively.
Damon Feldman, CEO of Hollywood Boxing Federation, formerly known as Celebrity Boxing Federation, is putting the offer out to the two superstars Monday.
He told RadarOnline.com: "This will be a great opportunity for both stars to fight in the Superbowl of Hollywood boxing and to donate millions to their favorite charities."
"It would be a great event too. Can you imagine?
"Both guys have trained with professional boxers. Will Smith played Muhammad Ali in Ali and was phenomenal. Wahlberg is currently playing Mickey Ward in The Fighter.
"Come on, I really think that this would be a huge event and great way for them to donate to their favorite charities."
Feldman said the concept is for Smith and Wahlberg to fight three, one minute rounds.
"We don't think these two are going to rip each others heads off," Feldman said. "We're just hoping they get into the ring and have a little fun duking it out."
While the date has been set, the exact location has not yet been determined.
Other celebs who have fought in the Hollywood Boxing Federation include Jose Canseco, Rodney King, Michael Lohan and Danny Bonaduce.
We're all waiting to see whether Smith and Wahlberg say yes to the deal.