#FightOfTheCentury: Floyd Mayweather stripped of WBO title

Floyd Mayweather Jr. has been stripped of the welterweight world title he earned 2 months ago, when he defeated Manny Pacquiao in what was called the fight of the century. The World Boxing Organization(WBO) stripped Mayweather of this title because he failed to pay a $200,000 sanctioning fee he owed the WBO by a Friday afternoon deadline. He also failed to relinquish the junior middleweight title he held prior to the May 2 fight, violating the WBO rule prohibiting its fighters from holding simultaneous titles in different weight classes.

According to a WBO statement,  “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.” Reuters reports that Mayweather has 2 weeks to file an appeal.
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