The World Boxing Organization has stripped Floyd Mayweather Jr. of the welterweight world title he won from Manny Pacquiao after he failed to meet the WBO’s rules regarding holding titles in multiple weight classes.
WBO rules prohibit a boxer who has won a WBO world championship title to hold belts in other weight classes. In addition, boxers are also required to pay the WBO 3% of their total purse earned during a world title bout with the maximum being $200,000.
Before winning the WBO bout against Pacquiao, Mayweather Jr. also held the WBC and WBA championship belts for junior middleweight and welterweight divisions.
According to the Daily Telegraph, Mayweather Jr. failed to meet the WBO’s deadline of Friday to vacate his other titles in other weight classes and to pay the sanctioning fee of $200,000, after winning $200 million from the May fight.
Mayweather Jr. had declared during the post-fight conference with Pacquiao last May that he will be vacating his other titles to make way for younger fighters, the publication noted.
ESPN said that Mayweather Jr. had ten days after his bout with Pacquiao to decide on which weight class he wants to hold the title. The WBO had given him a total of two months to decide, and that deadline expired on Friday.
As a result, the WBO stripped him of his welterweight world title.
“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,” ESPN quoted the WBO’s statement as saying.
According to Reuters, Mayweather Jr. has two weeks to file an appeal against the decision.
The Daily Telegraph said that Timothy Bradley, who won against Jessie Vargas for the WBO interim welterweight belt on June 27, is likely to be recognized as the new welterweight champ after the WBO stripped Mayweather Jr. of the title.