The undisputed world champion, Floyd Mayweather Jr. was recently stripped of his WBO (World Boxing Organization) title because he did not pay a sanction fee, which is necessary for that specific belt. It is a requirement for any boxer fighting for the WBO title belt to pay 3 percent of their purse. In this case, Mayweather would have had to pay $200,000, which is extremely high for a sanction fee, but his refusal to pay cost him the WBO title belt. As a result, Welterweight fighter Timothy Bradley is now the WBO champion following his victory June 27th against Jessie Vargas. It appears that this really doesn't have much of an affect on Mayweather because he is still the undisputed pound-for-pound champion.
Mayweather Claims Victory in Bout Against Manny Pacquiao...
With votes from two judges of 116-112, and from a third of 112-110, Mayweather has taken the win against Manny Pacquiao in tonight's fight! With tonight's win, Floyd will retain both his WBA and WBC titles, and now he claims Pacquiao's WBO belt!
Despite Mayweather having an obvious record of 47-0 with 25 KO's (He's now at 48-0, 26 KO's), there were many, for whatever reason, that we're hoping for a victory in favor of Pacquiao. That notion became evident when Mayweather was announced as the winner, and the crowd burst with a series of boo's. Of course, none of that phased Mayweather.
This was undoubtedly the most lucrative fight of his career, not to mention boxing history, bringing in an estimated $400 million.
Floyd stated again tonight that following his next fight in September, he would be hanging up his boxing gloves for good.