UFC President Dana White has come out and disputed a recently published report in the Los Angeles Times.

The paper revealed details about the ongoing negotiations to finalize the fall cross-sport boxing match between former five division world champion Floyd Mayweather Jr. and UFC superstar Conor McGregor.

According to the report, White was not involved in the negotiations - with the actual terms being worked out between the UFC ownership group — Ari Emanuel’s Beverly Hills agency WME-IMG — and Mayweather’s adviser Al Haymon, the head of Premier Boxing Champions.

White laughed at the report, stating that it's ludicrous to suggest that he's not involved in the negotiations.

“We live in a world right now where you can’t believe anything that you read. Who else would be running the Mayweather-McGregor deal than me? What does WME know about making big fights? It’s pretty bad,” White told TMZ.com.

“I’ve had a couple of bad days back-to-back with bad legitimate news stories. The Las Vegas Review-Journal (regarding purchasing several houses in Las Vegas) and now the L.A. Times. Trust me, I’m running the Mayweather-McGregor deal. I’m the only one in on it.”

Mayweather (49-0, 26 KOs), 40-years-old, retired from boxing in September 2015 after dominating Andre Berto over twelve rounds. He announced in April that he was coming back to the ring - but only for a fight with McGregor.

McGregor has been out of the cage since November, when he became the UFC’s first simultaneous two-division champion when he stopped Eddie Alvarez at Madison Square Garden to win the lightweight (155-pound) belt.

As far as McGregor's portion of the deal, the fighter and the UFC were able to iron out the financial terms last month - which was a big piece of the puzzle as the UFC have McGregor under an exclusive contract and the fighter was risking the possibility of a legal battle by going around them to make the deal.

Last month, Showtime Sport head Stephen Espinoza advised BoxingScene.com that his network will be involved in the pay-per-view and the promotion of that event. Mayweather held an exclusive six fight contract with Showtime, which finished out when he beat Berto - but the boxer has a very close relationship with the network and his fighters are showcased on their airwaves on a regular basis.