Floyd Mayweather Officially Stripped of WBO 147-Pound Welterweight Title
By AP. 9 July 2015
Floyd Mayweather Jr. may still be undefeated following his victory over Manny Pacquiao back in May, but the 38-year-old can no longer call himself the WBO welterweight champion.
ESPN reported the championship committee voted to strip Mayweather of the title Monday.
Why the WBO did so... According to the report, Mayweather failed to properly vacate the titles himself and also never paid the $200,000 sanctioning fee to the WBO for the Pacquiao bout:
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It is against sanctioning organization rules for boxers to hold world titles in multiple weight classes. The WBC and WBA have been breaking their own rules by allowing Mayweather to hold their titles, but the WBO has declined to break its rules for Mayweather and it has told him he must make a decision. Also, Mayweather, who originally did not plan to accept the WBO title involved in the May 2 bout with Pacquiao, had a change of heart. Yet, he has not yet paid the sanctioning fee, according to the WBO.
So with the deadline missed, the WBO on Friday referred Mayweather's situation to its championship committee.
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Mayweather said after beating Pacquiao that he'd willingly relinquish some of the championships he fought so hard to win, per ESPN;
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I don't know if it will be Monday or maybe a couple weeks. I'll talk to my team and see what we need to do. Other fighters need a chance. Give other fighters a chance. I'm not greedy. I'm a world champion in two different weight classes. It's time to let other fighters fight for the belt.
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Since he failed to follow up on that decree, the WBO took action.
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