July 7, 2015
World Champion Boxer Loses Belt Due to Failure to Pay Fees
The WBO Sounds like the IRS.
[From article]
Saying that Floyd Mayweather missed a deadline to pay a fee related to his May 2 win over Manny Pacquiao, the World Boxing Organization has stripped Floyd of the welterweight title he won in that fight.
Mayweather "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 (for which he earned more than $220 million)," reports ESPN's Dan Rafael, who also notes that the WBO is also trying to enforce its rules against boxers holding titles in different weight classes.
http://www.npr.org/sections/thetwo-way/2015/07/07/420822233/mayweather-is-stripped-of-wbo-belt-he-won-from-pacquiao?utm_medium=RSS&utm_campaign=news
Mayweather Is Stripped Of WBO Belt He Won From Pacquiao
JULY 07, 201510:00 AM ET
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