Floyd Mayweather was on Monday stripped of his World Boxing Organization welterweight title, and Timothy Bradley, the current WBO interim titlist, will be elevated to full beltholder.
Mayweather, who won the title when he defeated Manny Pacquiao on May 2 at the MGM Grand in Las Vegas in the so-called “Fight of the Century,” was required to pay a $200K sanctioning fee by a July 3rd deadline in order to keep the belt, which he failed to do, ESPN.com reports.
Mayweather had asked the WBO for an Aug. 1 deadline, according to a resolution by the Puerto Rico-based sanctioning body, but the WBO gave him until July 3.
In a tweet on June 30, three days after Bradley defeated Jesse Vargas by unanimous decision, Jose Izquierdo II, general secretary of the WBO, said “@Timbradleyjr looked great! @FloydMayweather must comply with @WorldBoxingOrg Rules by July 3. If he doesn’t, Bradley becomes full champ.”
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