By Luis Sandoval
50 Cent made his debut as a boxing promoter on Saturday night when his fighter Yuriorkis Gamboa scored a win over Michael Farenas on the undercard of the Manny Pacquiao-Juan Manuel Marquez IV fight in Las Vegas, NV. The only thing being talked about more than 50 Cent’s new venture into the sport is his relationship with Floyd Mayweather Jr.
Both men considered each other best friends just a few months ago but they appeared to have a falling out shortly after Mayweather was released from jail after serving a sentence for a domestic violence charge.
50 Cent was on the most recent edition of BoxingScene’s official radio show The Boxing Lab and spoke about his relationship with Floyd at the moment.
“Well the relationship is simple. I've said it in the past, Floyd is like my brother. So if he makes a decision to not participate with the promotional company its cool. It's a disappointment to me only because he has no income away from boxing” 50 Cent would tell The Boxing Lab.
“And when he consistently will remind you that he's 36 years old and [has] 2-3 more fights left in [him], he has to get out of the regimen of successful fighters. Successful fighters, fight, get the money, spend the money, then fight. Fight, get the money, spend the money then fight. That's the actual regimen and Floyd particularly has no income away from the actual sport itself. So when you start seeing yourself come so close to the end of that actual regimen, I think that you really need to be interested in things away from the actual sport itself to continue to provide income for you to continue the lifestyle that you’re accustomed to”.
50 is no stranger to venturing out and trying to conquer new business practices and he wanted to do the latest one with Mayweather but it didn’t go as planned. Despite the Twitter wars between both, 50 still considers Floyd his friend and explains why he went into this promotional venture on his own.
“Absolutely he's my friend. Because he decided not to actually invest in the company it's a disappointment. It was abrupt; his decision was. At one point he was saying all of the fighters were signed to Mayweather Promotions and that was because we had communications and conversations where he wanted to buy out the actual fighters. He wanted to buy the contracts and everything and just put them under his umbrella. And I was fine with that concept and idea too at that point but he never actually came up with the finances” shared 50 Cent.
To listen to 50 Cent’s interview in its entirety listen to The Boxing Lab podcast: http://tobtr.com/s/3978633
You can follow Luis Sandoval on Twitter @truewest007. You can also tune in to Boxingscene’s official audio show The Boxing Lab every Tuesday from 6-8PM PST with hosts Ernest Gabion, Luis Sandoval, and Ryan Burton.