The WBO committee stripped undefeated pound-for-pound king Floyd Mayweather of his newly won welterweight championship after failing to comply to their rules.
Floyd Mayweather won the title from Manny Pacquiao in May when they met in their record-breaking boxing match. While the fight did not live up to expectations, the two received record pay days.
WBO expected Mayweather to vacate his other titles before receiving the WBO Welterweight Championship as it is against organization rules for a boxer to hold titles in different weight classes. Mayweather, a welterweight and light-middleweight champion, delayed vacating the belts as well as paying a $200,000 sanctioning fee to WBO.
Mayweather was given an extension to vacate his titles and pay the sanctioning fee, but failed to contact the WBO committee by the 4:30 deadline on Friday. WBO announced on Monday that they have vacated the WBO Welterweight Championship.
“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,” WBO said in a 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, for failing to comply with our WBO Regulations of World Championship Contests.”
Stay tuned to BJPENN.COM for more on this story as it develops.
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