The World Boxing Organization stripped Floyd Mayweather of his welterweight title belt — won in his May 2 bout with Manny Pacquiao — after the American fighter refused to pay a $200,000 sanctioning fee prior to the fight.
“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 released Monday.
Mayweather’s vacated belt has been awarded to American fighter Timothy Bradley, and while his camp did call the ruling a “complete disgrace,” CEO of Mayweather Promotions Leonard Ellerbe told ESPN that Floyd plans to get over it by, “enjoying a couple hundred million he made from his last outing.”
Must be nice.
