The WBC stripped Canelo Alvarez of his world title, and made him their “Franchise” champion, according to Dan Rafael of espn.com.
“The franchise champion is a special designation and status which the WBC may bestow to a current WBC world champion, who is also an elite boxer and who has achieved and maintains the highest of statures in the sport,” the WBC said in its explanation.
“We’re very happy and glad that Canelo is being recognized,” Golden Boy Promotions president Eric Gomez told ESPN on Thursday. “We think it’s an honor for Canelo to be elevated to franchise champion. It goes to show that he is being recognized for all of his accomplishments.”
“With Canelo’s appointment as franchise champion WBC interim champion Jermall Charlo is now confirmed as WBC middleweight champion of the world,” the WBC added.
