*A boxing promoter is reportedly offering Will Smith and Mark Wahlberg $1 million to face-off in the ring on Feb. 26 in Las Vegas.

The theme: a match between two movie-trained boxers – Smith for “Ali” and Wahlberg for “The Fighter.”

Damon Feldman of the Hollywood Boxing Federation has successfully organized “celebrity” matches in the past… celebrity meaning Danny Bonaduce vs. Michael Lohan and Ricky Gervais vs. Grant Bovey. But Feldman stresses all proceeds would go to Smith and Wahlberg’s charities of choice.

“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,” Feldman told RadarOnline.com. “It would be a great event too. Can you imagine?”

Both are also around the same age – Smith is 42 and Wahlberg 39. Smith is 6ft 2in and appeared as a heavyweight in” Ali,” while Wahlberg is 5ft 9in and is a welterweight in “The Fighter.”

Feldman said the actors would only be required to fight three one-minute rounds.

“We don’t think these two are going to rip each other’s heads off,” Feldman said. “We’re just hoping they get into the ring and have a little fun duking it out.”

The fight, if Smith and Wahlberg agree to it, would take place in Las Vegas on Feb. 26, 2011.