Floyd Mayweather was Monday
stripped by the World Boxing Organization of the welterweight world title he
won by beating Manny Pacquiao two months ago in what was dubbed “the fight of
the century”.
Mayweather had failed to meet
the deadline last Friday for paying the $200,000 sanctioning fee required by
the WBO after he took the belt from Pacquiao on May 2 in Las Vegas, in the
richest fight of all time, earning a reported $220 million in the process.
WBO rules require boxers to pay
3 percent of their purse to fight for a world title up to a maximum of
$200,000.
The rules also prohibit WBO
champions to hold any belts in any other weight divisions. Mayweather is
currently also the WBC and WBA champion at junior middleweight (154lb), as well
as at welterweight (147lb).
A statement on the Puerto
Rico-based sanctioning body’s website confirmed thatMayweather, regarded as the
best pound-for-pound boxer in the world, was no longer the WBO champion.
“Mr. Mayweather, Jr. failed to
pay the $200,000.000 fee required of him as a participant of a WBO World
Championship Contest,” said the statement.
“Despite affording Mr.
Mayweather Jr. the courtesy of an extension to advise us of his position within
the WBO Welterweight Division and to vacate the two 154-pound world titles he
holds, the WBO World Championship Committee received no response from him or
his legal representatives on this matter.
“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.”
Pacquiao told AFP on Tuesday
that he thought the WBO had been fair to his former opponent.
“Maybe he just didn’t want to
pay the sanctioning fee. He was given enough time to fulfil his responsibilities
as WBO champion and to decide whether he should relinquish his WBO 147lb
crown,” the Filipino boxer said.
“I think the WBO championship
committee behaved fairly before taking away his crown.”
After Mayweather (48-0, 26 KOs)
defeated Pacquiao to unify three of the four major welterweight world titles,
he had declared that would vacate all his titles in order to give younger
fighters the chance to win belts.
“I don’t know if it will be
Monday or maybe a couple weeks,” Mayweather said at the post-fight news
conference.
“I’ll talk to my team and see
what we need to do. Other fighters need a chance.”
American Timothy Bradley, who
defeated countryman Jessie Vargas for the WBO interim welterweight belt on June
27, is now expected to be formally elevated to full champion status by the WBO
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