Floyd Mayweather has been stripped of his WBO welterweight title he received after beating Manny Pacquiao on May 2 in a 147-pound unification fight.
ESPN reports Mayweather, who holds two other alphabet welterweight world titles, let come and go the 4:30 p.m. ET Friday deadline by which he had to pay a $200,000 sanctioning fee from the May 2 fight, which he earned $220 million from, and vacate the two junior middleweight titles he also holds.
Statement from the WBO:
The WBO world championship committee is allowed no other alternative but to cease to recognize Mr. Floyd Mayweather Jr. as the WBO welterweight champion of the world and vacate his title for failing to comply with our WBO regulations of world championship contests. The WBO has the utmost respect for Floyd Mayweather Jr. and all that he has accomplished during his storied career. Mr. Mayweather has always agreed with and understood that world championships have both privileges and responsibilities and that status as WBO champion is subject to and conditioned on compliance with the WBO rules and regulations.
Mayweather could not be reached for comment.