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Floyd Mayweather Jr. stripped of WBO welterweight title belt

<p>Floyd Mayweather was Monday stripped by the World Boxing Organization of the welterweight world title he won by beating Manny Pacquiao two months ago</p>

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Floyd Mayweather Jr.

Floyd Mayweather Jr.

Washington: Floyd Mayweather was Monday stripped by the World Boxing Organization of the welterweight world title he won by beating Manny Pacquiao two months ago.

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. WBO rules require boxers to pay 3 percent of their purse to fight for a world title up to a maximum of $200,000.

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