After all that, Floyd Mayweather might have got nothing from the “fight of the century”… except hundreds of millions of dollars.
Mayweather claimed the WBO Welterweight Championship title when he defeated Manny Pacquiao in the most hyped fight in modern boxing history.
However, Money is in a spot of bother for not adhering to certain terms he agreed to before taking the fight. He was also supposed to vacate his several other titles before accepting the belt so that younger boxers could have a shot at winning them. As well as accepting the new belt, he was required to pay the sanctioning body a $200,000 fee by July 3rd.
After somehow missing the deadline, a miraculous feat considering the fee was less than 0.1% of his earnings from the Pacquiao fight, he may be stripped of the WBO Welterweight belt.
According to @WorldBoxingOrg Floyd has not complied with the rules by today's 4:30 pm ET deadline. Likely to be stripped of 147 on Monday.
— Dan Rafael (@DanRafael1) July 3, 2015
Pacquiao won the championship from Timothy Bradley in April 2014, but lost it to Mayweather in May. As the interim title holder, Bradley may be elevated to full title-holder because of Money’s failure to pay the fee.
UPDATE:
The governing body have voted and Mayweather has been stripped of the WBO Welterweight belt. Timothy Bradley will become the official title holder.
Floyd has been stripped of the WBO welterweight title per its championship committee vote on Monday. #boxing
— Dan Rafael (@DanRafael1) July 6, 2015
Hat-tip to BJ Penn
