WASHINGTON: Floyd Mayweather was on Monday stripped by the World Boxing Organisation (WBO) of the welterweight world title he won by beating Manny Pacquiao two months ago in what was dubbed “the fight of the century”.
Mayweather had failed to meet the deadline last Friday for paying the $200,000 sanctioning fee required by the WBO after he took the belt from Pacquiao on May 2 in Las Vegas, in the richest fight of all time, earning a reported $220 million in the process.
WBO rules require boxers to pay 3 percent 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 recognise Mr Floyd Mayweather, Jr. as the WBO Welterweight Champion of the World and vacate his title.”
Pacquiao said on Tuesday that he thought the WBO had been fair to his former opponent.
“Maybe he just didn’t want to pay the sanctioning fee. He was given enough time to fulfil his responsibilities as champion and to decide whether he should relinquish his crown,” the Filipino boxer said. “I think the WBO championship committee behaved fairly.”
Published in Dawn, July 8th, 2015
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