Tyson Fury will be defending his status as lineal heavyweight champion when he comes up against undefeated Schwarz at the MGM Grand Garden Arena.
The Brit was thought to be gunning for a rematch with Deontay Wilder, who he controversially drew with back in December, but Arum and ESPN came in for Fury’s signature at the eleventh hour, putting the second Wilder bout on hold.
Arum, who promoted the likes of Ali, Foreman and Sugar Ray Leonard during the 20th century, was keen on working with Fury because of his charismatic nature.
He told Express Sport: “I’ve had some guys who were not shy, like Muhammad Ali and George Foreman.
“But Tyson Fury is right up there with those guys.”
Fury added: “Yep, [I’ve made Bob’s job easier]. Bob Arum has promoted the best fighters in the world, and now he gets to promote me.”
Fury spent nearly three years out of the ring following his dethroning of heavyweight great Wladimir Klitschko back in 2015.
The 6ft 9 inches behemoth put on a masterful performance in Germany to bring home the WBA, WBO, IBF and IBO world titles, along with the lineal champion status his Ukrainian foe possessed.
But the 30-year-old encountered personal problems and spiralled into depression soon after – picking up drink and drug habits along the way.
He ballooned to nearly 400lbs, before deciding it was time to write his inspirational comeback tale. Routine wins over Sefer Seferi and Francesco Pianeta were followed by his draw with Wilder – a bout most thought Fury won with relative ease.
“He’s a fighter that people can relate to,” Arum added.
“It’s important in sports that people can relate to a particular football team, same in boxing and I’ve never seen an outpouring from fans like the ones who absolutely root for Tyson Fury.”
Fury’s now on a rampage to become the most marketable heavyweight, not just in Britain, but worldwide. The U.S remains the most lucrative place to head up a successful boxing career, hence Anthony Joshua’s, perhaps regretful, leap across the pond earlier this month.
And now on ESPN, arguably the world’s biggest sports network, he’s being promoted to the hills.
This weekend he looks to extend his record to 28-0-1, but Fury has also put forward his plans to fight on two more occasions before the year’s end.
Right now in Vegas, boxing fever is rife. Fury’s face is everywhere, and despite it being his debut in the city, he’s feeling right at home.
“I’m a character, a loveable rogue, a handsome British guy, tall dark and handsome,” he added.
“It’s an easy Job for Bob isn’t it.”