Keith Olbermann’s return to the ESPN family is official with the announcement that he will host “Olbermann,” a five-nights a week latenight talker premiering Aug. 26 on ESPN2.

Typically airing at 11 p.m. Eastern and 8 p.m. Pacific — but flexing depending on live events on ESPN2 — “Olbermann” will be aired live from New York with a focus on sports highlights, commentary and interviews.

“Keith is a one-of-a-kind personality and these shows will be appointment viewing for that very reason,” ESPN prexy John Skipper said. “Keith brings a blend of editorial sophistication and unpredictability — you can never be sure what you’ll get. ‘Olbermann’ on ESPN2 gives viewers the quality late-night complement to ESPN’s ‘SportsCenter’ in the same way we’ve developed distinct show options across our networks the rest of the day.”

Said Olbermann: “Apart from the opportunity to try to create a nightly hour of sports television that no fan can afford to miss, I’m overwhelmed by the chance to begin anew with ESPN. I’ve been gone for 16 years and not one day in that time has passed without someone connecting me to the network. Our histories are indelibly intertwined and frankly I have long wished that I had the chance to make sure the totality of that story would be a completely positive one. I’m grateful to friends and bosses – old and new – who have permitted that opportunity to come to pass. I’m not going to waste it.”

As previously noted on Variety, Olbermann and ESPN had to overcome a lot of tumultuous shared history to make this reunion work. Olbermann and Skipper will have a teleconference later today to elaborate on the news.