Floyd "Money" Mayweather Jr. was awarded the WBO welterweight title when he defeated Manny "Pac-Man" Pacquiao on May 2, but it was announced Friday that the 38-year-old megastar will be stripped of the championship due to a lack of compliance.
According to Ryan O'Hara of ThaBoxingVoice.com, Mayweather declined to pay the $200,000 sanctioning fee for the title by the deadline. Also, he decided against vacating the WBA and WBC junior middleweight titles, which was necessary since boxers are not permitted to hold world championships in multiple weight classes, per Chris Williams of BoxingNews24.com.
http://m.bleacherreport.com/articles/2514595-floyd-mayweather-likely-to-be-stripped-of-wbo-147-pound-title-belt
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