Reply With Quote
Lol dumb mkey
Floyd Mayweather isn't frugal by any means, but with dozens of world le belts scattered around his home, $200,000 was a bit much even for a boxer nicknamed "Money" to pay for a le belt.
Mayweather failed to pay the $200,000 sanction fee required by the World Boxing Organization for the belt he won on May 2 when he defeated Manny Pacquiao at the MGM Grand in Las Vegas by the deadline, which was the end of the business day on Friday. So on Monday, the Puerto Rico-based organization stripped Mayweather of its le.
It elevated Timothy Bradley, who defeated Jessie Vargas on June 27 for the interim championship, to full champion status.
WBO rules require boxers to pay 3 percent of their purse in order to fight for a world le, with a minimum of $1,000 and a maximum of $200,000 for fighters like Mayweather who earn extraordinary large purses.
Normally, fighters are required to pay the sanction fee on the night of the fight, and it's deducted from their purse. But Mayweather, who has had a long history with the WBC, wasn't sure he wanted the WBO le. As a result, the WBO gave Mayweather time.
Even though sanctioning bodies are routinely perceived as the bad guy in situations like this, the WBO conducted itself honorably. It worked with Mayweather to find an acceptable solution, put the requirements in writing and then yanked the belt from Mayweather when he failed to comply.
Both the WBO and the WBC have taken great steps forward in recent years, and have done much to clean up their end of the business.
The fact that the WBO stood firm and followed its rules is encouraging.
The loss of the le is no big deal to Mayweather, who is far bigger than any belt. And it's not as if the WBO is struggling. Pacquiao paid his sanction fee, and would have kept the belt had he won, so the WBO still made $200,000 on May 2 from that fight.
I'm not a big fan of stripping fighters of belts they've won in the ring. But if they refuse to defend it, or won't pay the agreed-upon fee to keep it, it's appropriate.
It kind of makes record-keeping messy -- Does anyone really think Bradley is the best 147-pounder in the world? -- and it's why there are so many four-, five- and six-time champions floating around.
Still, this is a situation in which everyone involved did the right thing.
That is a rarity in boxing, so kudos are deserved in this case.
http://sports.yahoo.com/blogs/boxing...011247890.html
Lol dumb mkey
He has enough money to make a new boxing organization and create his own belt
Doesn't change anything about the fight he clearly won.
And doesn't change his perception of being a dumb .
If he doesn't give a about the belt, didn't he save 200k by not paying it?
And yeah, he clearly won the fight, so it doesn't have any bearing on the outcome.
Irrelevant
A certain Pinoy probably got all excited thinking Floyd got caught with PEDs or something. Imagine the disappointment that it's about him not paying some lame-ass belt fee
He said he was planning to vacate the belts after decimating Pacquiao. Why would he bother paying for them? It would be dumb if hedid pay, he doesn't need them for a big payday.
Well done by Gayweather tbh
the belt, everyone knows he won the fight and he gets to keep his money
It's boxing...who gives a sh-t?
only belt that matters is the wbc belt. non issue.
Belts in boxing are like belts in wrestling, no one gives a because there are to many and hold no recognition anymore due to that
True, Floyd said he'd vacate that one too. Maybe he changed his mind?
Thebesteva when he opens this thread
The fat jew that wrote the article failed to mention that the WBO had scheduled a fight for the WBO welterweight le between Timothy Bradley vs Jesse Vargas just a month after Floyd was to fight Manny. Floyd was never awarded the belt acter beating Manny. These mafia organizations are a joke. Floyd has proven once again to be smarter than the rest. Why pay $200k for a belt that was never yours.
So that is a Puerto Rican organization? Hmm seems worthwhile.
Artest sold his championship ring. Trophies are worthless.
Running contest? Sure
Boxing bout? He lost
D M C
The only one that got ed here was Manny. He paid his 200k.
No, I am a true boxing fan unlike you. I know 9 out of 10 times a reputable champion wins the belt and allows it to get stripped. A bit dissapointed in Mayweather's probable next opponent though...Berto is a joke.
200k for a belt is stupid. He made a smart decision.
You're just a guy in it for the KO, LBE. I'd call you more of a fighting fan, not a boxing fan.
DWest left $10.5 mil on the table. Paper is worthless.
Everyone will die and be buried or cremated, life is worthless.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
