Boxiong: Foreman loses a second title out of the ring

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George Foreman has surrendered the last of the world heavyweight titles he came out of retirement to win after refusing Germany's Axel Schulz a mandatory rematch.

Bob Lee, the IBF president, said the vacant title would be given to the winner between Schulz, the No2 contender, and the top-ranked Frans Botha, of South Africa.

Foreman had already been stripped of the WBA crown for fighting Schulz instead of the WBA's mandatory challenger, Tony Tucker. Foreman plans to have only one more fight.