by Frederick H. Lowe
The World Boxing Organization on Monday stripped Floyd “Money” Mayweather of the world welterweight title he won beating Manny Pacquiao for failing to comply with WBO rules.
After defeating Pacquiao, Mayweather failed to pay a $200,000 sanctioning fee, and he didn’t vacate his junior welterweight titles in the World Boxing Association (WBA) and the World Boxing Council (WBC).
“If he did both things, said officials of WBO, which is based in San Juan, Puerto Rico, he would keep his title.” WBO officials posted the statement posted on its website. Sanctioning organizations forbid boxers from holding multiple titles in different weight classes.
The WBO told Mayweather’s attorney, John Hornewer, they decided to give Mayweather extra time to pay $200,000 and vacate his two 154-pound championship titles. Mayweather defeated Pacquiao, winning the world 147 pound title.
After failing to reach Mayweather or his representative, the WBO stripped Mayweather of his title.
“The WBO World Championship Committee had 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 WBO Regulations of World Championship Contests,” the WBO said in a statement.
Mayweather had never held a WBO belt before beating Pacquiao. On Saturday, May 2, Mayweather won a unanimous decision victory over Pacquiao to become the unified WBO/WBA/ WBC Welterweight Champion of the World. The fight raked in $220 million (see video)
The 38-year-old Mayweather is undefeated, winning 49 fights, including 26 knockouts. He has not lost a fight. Mayweather is considered the best pound for pound fighter of his generation.