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Floyd Mayweather Has Been Stripped of His WBO Welterweight Belt He Won Beating Manny Pacquiao - Sports Gist - XtremeLoaded

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Floyd Mayweather Has Been Stripped of His WBO Welterweight Belt He Won Beating Manny Pacquiao by nduprincekc(m) : 8:04 PM On 2015

The World Boxing Organisation (WBO) has
stripped Floyd Mayweather of his WBO
welterweight belt after the champ failed to
meet some mandatory obligations.
Mayweather won the belt after beating
Manny Pacquiao in the so-called ‘fight of the
century’, from which he raked in around
$200m for one nights work.
But he has been stripped of the belt he won
in that fight by the WBO, after he failed to
pay a $200,000 sanctioning fee to the
organisation. The deadline for the payment
was Friday, and Mayweather’s camp had
made no effort to pay up. Champions are
required to pay a portion of their winnings to
the organisation, and Mayweather failed to
do so.
“The WBO world championship committee is
allowed no other alternative but to cease to
recognize Mr Floyd Mayweather Jnr 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.
“The WBO has the utmost respect for Floyd
Mayweather Jnr and all that he has
accomplished during his storied career. Mr
Mayweather has always agreed with and
understood that world championships have
both privileges and responsibilities and that
status as WBO champion is subject to and
conditioned on compliance with the WBO
rules and regulations. ”
Floyd is still unbeaten after 48 fights, and is
planning a final fight this fall before retiring.
He still holds the WBC welterweight and the
WBA super welterweight title.

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