Floyd Mayweather has been officially stripped of the WBO welterweight title he won against Manny Pacquiao in May.
On his 48th victory against the Filipino, Mayweather claimed his first WBO title. Aside from this, he also holds the welterweight and super-welterweight titles for the WBC and WBA, even though boxers are not permitted to have world titles in multiple weight classes.
However, WBO and a committee voted to strip the 38-year-old American of his recent title after failing to pay the $200,000 sanction fee in last Friday's deadline. He still has 14 days to appeal to change the decision and he has to give-up his WBC and WBA titles in order to retain the WBO belt.
"The WBO world championship committee is allowed no other alternative but to cease to recognize Mr Floyd Mayweather Jnr 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 said in a statement.
"The WBO has the utmost respect for Floyd Mayweather Jnr and all that he has accomplished during his storied career. Mr Mayweather has always agreed with and understood that world championships have both privileges and responsibilities and that status as WBO champion is subject to and conditioned on compliance with the WBO rules and regulations."
The vacated position is expected to be filled by Timothy Bradley after his controversial win over Jessie Vargas for the interim title last month.
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