Floyd Mayweather Jr has been stripped of the WBO
welterweight title he won in his victory over Manny Pacquiao after failing to
comply with the organisation’s rules. Decision in this regard was taken by WBO
after Mayweather failed to pay the 200,000 dollar sanctioning fee to WBO prior
to the deadline of 3 July 2015. “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 WBO
said in a statement on Monday.
As per WBO rules, boxers are required to pay 3 per cent of
their purse to fight for a world title which at maximum accounts for 200,000
dollars. The rules also prohibit WBO champions to hold any belts in any other
weight divisions. Mayweather had won the Welterweight World title 2015 on May
2, 2015 by defeating Manny Pacquiao of Philippines in Las Vegas. This fight was
the richest of all time as it had earned around record 220 million dollars. At
present, Mayweather is also the WBC and WBA champion at junior middleweight
(154 lbs), as well as at welterweight (147 lbs).
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