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WATCH LIVE: Arena Pro Swim Series at Austin -- 7 p.m. ET

Michael Phelps, Ryan Lochte

Ryan Lochte, left, and Michael Phelps talk before the start of the 100 butterfly final at the Arena Pro Swim Series meet in Charlotte, N.C, Friday, May 15, 2015. (AP Photo/Nell Redmond)

AP

Michael Phelps and Ryan Lochte face off to conclude their first meet of the Olympic year in Austin, Texas, on Sunday night, streamed live on NBC Sports Live Extra.

Phelps and Lochte, owners of a combined 33 Olympic medals, are in the 200m individual medley final.

They are well-versed in the event with Phelps owning the last three Olympic 200m IM titles (sharing the podium with Lochte each time) and Lochte owning the last four World 200m IM titles.

Already in Austin, Phelps won the 100m butterfly on Friday and Lochte captured the 400m IM on Saturday.

Phelps has not bettered Lochte in a 200m IM since the 2012 Olympics.

Also Sunday, four-time 2012 Olympic champion Missy Franklin goes in the 100m backstroke final, searching for her first win of the meet.

The complete schedule of races and entry lists are here.

WATCH LIVE: Arena Pro Swim Series at Austin -- 7 p.m. ET

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