Floyd Mayweather Stripped Of WBO Title
The WBO stripped Floyd Mayweather of his welterweight world title on Monday (July 6), due to his failure to comply with the organization's rules.
The boxing star claimed the WBO welterweight title on May 2nd, when he outpointed Manny Pacquiao in the richest fight in boxing history.
The sanctioning organization gave Mayweather until Friday (July 3) to pay a $200,000 sanctioning fee from the May 2 fight (where he earned more than $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 WBO wrote Monday (July 6) in its resolution.
The WBO is against sanctioning organization rules for boxers to hold world titles in multiple weight classes. The WBC and WBA has the same rules, but allowed Mayweather to hold their titles. The WBO wants to uphold its rules though.
Typically, the organization allows 10 days for a fighter to decide which weight class he wants to continue to hold the title in, if he wins one in another weight division. The WBO gave Mayweather two months to decide before making the decision to strip the titles.