Mayweather had failed to meet the deadline for paying the $200,000 sanctioning fee required by the WBO.
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Floyd Mayweather was stripped by the World Boxing Organization Monday of the welterweight world title he won by beating Manny Pacquiao two months ago in what was dubbed "the fight of the century".Mayweather had failed to meet the deadline last Friday for paying the $200,000 sanctioning fee required by the WBO after he took the belt from Pacquiao on May 2 in Las Vegas, in the richest fight of all time, earning a reported $220 million in the process. After Mayweather (48-0, 26 KOs) defeated Pacquiao to unify three of the four major welterweight world titles, he had declared that he would vacate all his titles to give younger fighters the chance to win belts.
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