Mayweather stripped of welterwight world title
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 per cent 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, the Emirates247 reported.
"Mr Mayweather Jr. failed to pay the $200,000 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."
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 June 27, is now expected to be formally elevated to full champion status by the WBO.
- Pakistani athlete Najma Parveen finishes last in Tokyo Olympics11:38 PM | 2 Aug, 2021
- Aamir Liaquat spotted rebuking Karachi traffic cop publicly in viral ...11:24 PM | 2 Aug, 2021
- UK court tells Pakistan's NAB to pay billions to Broadsheet by Aug 1310:16 PM | 2 Aug, 2021
- Pakistan’s first meme auctioned for $52,00009:40 PM | 2 Aug, 2021
- Falak takes Sarah on shopping spree (VIDEO)09:00 PM | 2 Aug, 2021
- Prince Charming - Mahira Khan's first look from upcoming webseries ...05:50 PM | 2 Aug, 2021
- Sharmila Faruqui lashes out at Ayeza Khan’s controversial scene ...05:21 PM | 2 Aug, 2021
- Stars who used apps to find love08:02 PM | 24 Jul, 2021
- World’s most powerful passports in 2021: Where does Pakistan stand?03:35 PM | 7 Jul, 2021
- 16 Pakistani universities among Asia's top 50002:36 PM | 8 Jun, 2021
- Famous figures who survived serious plane incidents07:21 PM | 29 May, 2021