The WBO stripped pound-for-pound king Floyd Mayweather of his welterweight world title on Monday for his failure to comply with the organization's rules.
Mayweather claimed the WBO welterweight title when he outpointed Manny Pacquiao on May 2 in a 147-pound unification fight that shattered all financial records for a boxing match, including total gross, pay-per-view subscriptions, closed circuit revenue, live gate, foreign television sales and sponsorships.
Mayweather, who holds two other alphabet welterweight world titles, let come and go the 4:30 p.m. ET Friday deadline by which he had to pay a $200,000 sanctioning fee from the May 2 fight (for which he earned more than $220 million) and vacate the two junior middleweight titles he also holds.
"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 for failing to comply with our WBO regulations of world championship contests," the WBO wrote Monday in its resolution.
I'm not sure how it works in boxing, but for example if someone in gymnastics gets a title stripped for any reason, they bump up the others to take their spot.
Does this mean Pacquiao is the title holder now? Or does it not work like this in boxing?
