After missing a deadline to pay a $200,000 sanctioning fee, the World Boxing Organization stripped Floyd Mayweather of the welterweight world title he won after defeating Manny Pacquiao in May.
The WBO requires that boxers pay 3 percent of their purse to fight for a world title, up to a maximum of $200,000, AFP reports. Mayweather earned a reported $220 million from the fight against Pacquiao. Another WBO rule prohibits champions to hold belts in other weight divisions; Mayweather is currently the WBC and WBA champion at junior middleweight and welterweight.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
Labour's Brexit conundrumThe Explainer Keir Starmer backs 'twin track' strategy – build closer security ties with EU while ruling out single market, customs union and free movement
-
6 scenic white water rafting destinations to get your heart racingThe Week Recommends Have a rip-roaring time on the water
-
Dangerous substances in Lunchables are raising concerns over children's healthIn the Spotlight High levels of lead and sodium were recently found in the snack packages
-
Puffed rice and yoga: inside the collapsed tunnel where Indian workers await rescueSpeed Read Workers trapped in collapsed tunnel are suffering from dysentery and anxiety over their rescue
-
More than 2,000 dead following massive earthquake in MoroccoSpeed Read
-
Mexico's next president will almost certainly be its 1st female presidentSpeed Read
-
North Korea's Kim to visit Putin in eastern Russia to discuss arms sales for Ukraine war, U.S. saysSpeed Read
-
Gabon's military leader sworn in following coup in latest African uprisingSpeed Read
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
