Why are the announcing GGG as the Ring champ?? yet have the Ring champ vacant?

[Larry the boss]

I know they gave him some belt after all that Canelo stuff but why are they calling him the Ring champ yet they have it vacant?

[Larry the boss]

???????????????????????

[Mammoth]

Who knows, Lar-bear? It's strange though.

[Larry the boss]

Who knows, Lar-bear? It's strange though.

strange as hell

[boliodogs]

They made a mistake.

[BLASTER1]

Doesn't make sense.
It would have to of been a mistake.

[N/A]

Ring is owned by Golden Boy Promotions. Why does anyone still recognize it as an independent credible championship? It became meaningless the second Golden Boy purchased it, interfered with the rankings, changed all the rules, started selectively enforcing the rules, started stripping Showtime fighters, breaking the rules to assist HBO fighters, etc.