This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
Dublin: 6 °C Friday 14 December, 2018
Advertisement

Mayweather stripped of WBO title for not paying his debts

The welterweight champion owes $200,000 in sanction fees and is set to be replaced by Timothy Bradley.

Mayweather with his father Floyd Senior.
Mayweather with his father Floyd Senior.
Image: AP/Press Association Images

FLOYD MAYWEATHER JR has been stripped of the welterweight world title he won by beating Manny Pacquiao two months ago by the World Boxing Organization (WBO).

Mayweather had failed to meet the deadline last Friday for paying the $200,000 (€180,000) sanctioning fee required by the WBO after he took the belt from Pacquiao on 2 May in Las Vegas in the richest fight of all time, earning a reported $220 million (€200m) in the process.

WBO rules require boxers to pay 3% of their purse to fight for a world title up to a maximum of $200,000.

The rules also prohibit WBO champions to hold any belts in any other weight divisions. Mayweather is currently also the WBC and WBA champion at junior middleweight (154lb), as well as at welterweight (147lb).

A statement on the Puerto Rico-based sanctioning body’s website confirmed that Mayweather, regarded as the best pound-for-pound boxer in the world, was no longer the WBO champion.

Mr Mayweather, Jr. failed to pay the $200,000.000 fee required of him as a participant of a WBO World Championship Contest,” said the 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.”

After Mayweather (48-0, 26 KOs) defeated Pacquiao to unify three of the four major welterweight world titles, he had declared that would vacate all his titles in order to give younger fighters the chance to win belts.

“I don’t know if it will be Monday or maybe a couple weeks,” Mayweather said at the post-fight news conference.

“I’ll talk to my team and see what we need to do. Other fighters need a chance.”

American Timothy Bradley, who defeated countryman Jessie Vargas for the WBO interim welterweight belt on 27 June, is now expected to be formally elevated to full champion status by the WBO.

© AFP 2015

Lowry: ‘I don’t mind people talking about me winning a Major – I just won’t listen to it!’

Djokovic’s fightback from 2 sets down halted by bad light as big guns cruise through

  • Share on Facebook
  • Email this article
  •  

About the author:

AFP

Read next:

COMMENTS (4)

This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
write a comment

    Leave a commentcancel