The World Boxing Organization has stripped Floyd Mayweather Jr. of his welterweight world title for his failure to comply with its rules, ESPN reported.
Mayweather claimed the WBO welterweight title when he outpointed Manny Pacquiao on May 2 in a unification fight that shattered all financial records for a boxing match.
The champ, who holds two other welterweight world titles, failed to meet Friday’s 4:30 p.m. (ET) deadline by which he was required to pay a US$200,000 sanctioning fee from the May 2 fight (for which he earned more than US$220 million) and vacate the two junior middleweight titles he also holds.
“The WBO world championship committee is allowed no other alternative but to cease to recognize Mr. Floyd Mayweather Jr. as the WBO welterweight champion of the world and vacate his title for failing to comply with our WBO regulations of world championship contests,” the organization wrote in its resolution Monday.
It is against the rules of sanctioning organizations for boxers to hold world titles in multiple weight classes.
The World Boxing Council and World Boxing Association had been breaking their own rules by allowing Mayweather to hold their titles, but the WBO upheld its rules.
“It’s a complete disgrace,” Mayweather Promotions chief executive Leonard Ellerbe told ESPN.com.
“Floyd will decide what, or if any, actions he will take. But in the meantime he’s enjoying a couple of hundred million he made from his last outing and this has zero impact on anything he does.
“Floyd Mayweather has a great deal of respect for each and every organization, as he has always had in his 19-year career, but he will not be dictated to by any organization or person as it relates to his decision making.”
After Mayweather defeated Pacquiao to unify three of the four major welterweight world titles, he spoke at length at the postfight news conference about how he planned to vacate all his titles to give younger fighters the chance to realize their dreams of winning belts, the report said.
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