Promoters Haymon Boxing said in a statement reported by US media that Wilder and Fury would meet at a venue to be determined.
The Los Angeles Times reported that the Staples Centre in Los Angeles was a potential venue for the fight while Brooklyn’s Barclays Centre was also in the running.
“WBC Heavyweight World Champion Deontay Wilder will defend his title against lineal champion Tyson Fury in a blockbuster matchup of undefeated heavyweights on Saturday, December 1 live on Pay-Per-View,” Haymon boxing said.
“The contracts have been signed and the promotional tour will kick-off in London on October 1. It continues with stops in New York City and Los Angeles.”
Wilder has 39 knockouts in 40 fights and has scored knockouts in each of his previous seven title defenses.
Fury, 30, is the former IBF, WBA, IBO and WBO heavyweight world champion, and remains undefeated in 27 fights.
The controversial British fighter made his comeback earlier this year after a near two-and-a-half year absence, and immediately set his sights on a showdown with Wilder.
“I’ll go to Vegas for free and fight Wilder,” Fury said last month. “I’d rather have no money and win than 200 billion pounds ($261.5 billion) and lose,” he added.
The showdown is considered as a prelude to a blockbuster fight between the winner and heavyweight king Anthony Joshua.