Floyd Mayweather Jr. had his welterweight title taken away after failing to pay a $200,000 sanctioning fee by the July 3rd deadline. Mayweather raked in over $200 million for his May 2nd fight against Manny Pacquiao. You do the math. Good news for Mayweather…he has 14 days to file an appeal.
The WBO stated:
“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…”
Hashtag hugs not drugs.