Advertisement
Advertisement

50 Cent's Side on The Mayweather Fallout, Haymon

By Edward Chaykovsky

Rapper turned promoter 50 Cent discussed the falling out with pound-for-pound boxer Floyd Mayweather Jr. The former best friends had a financial dispute over a promotional venture. 50 Cent [real name Curtis Jackson], was a guest on Power 106 radio and discussed the what led to the anomosity with Mayweather. A few weeks back, the two of them engaged in a war of words on Twitter - which 50 Cent makes clear was legitimate in nature.

According to 50 Cent, Mayweather refused to give him a promised investment of around $2 million dollars for TMT Promotions [a company 50 Cent later changed to SMS Promotions].

"He changed his mind [on the promotional venture]. As he was actually going in to jail, he asked me to help him with Mayweather Promotions. As he got in, I took a look [and realized] that there is no Mayweather Promotions...no LLC...no seal...[its] not incorporated. Technically Floyd is a Golden Boy fighter. He fights on every Golden Boy card. They do all the footwork. They build the whole show," 50 said.

"When he says help him with Mayweather Promotions and it's not there, I go I 'know what he means'...to put it together for him. I do TMT Promotions and get it all the way together and sign the actual fighters. We had the acquisition of [Yuriorkis] Gamboa. I had negotiate the release [with Top Rank]...[for] $1.2 million....[we got] Andre Dirrell, IBF champion Billy Dib, WBA champion Celestino Caballero."

"We brought them over. I brought them over while Floyd was incarcerated. When Floyd comes home, it was let's get Floyd back in the pocket campaign...$300,000 chains being bought and buying a new Lamborghini and those new things...and I'm sitting there saying 'when are you going to give me the money.' And I'm not trying to press him because he just got out of jail."

"When he finally does bring up the actual situation, he acted like he didn't know anything. [He said] 'I didn't tell [you] to do that.'"

50 Cent is also skeptical of boxing manager Al Haymon, who advises Mayweather.

"If you have a person who was a Harvard graduate advising you, they would be advising you to have an accountant with the kind of money that Floyd actually have........that's not in place. If you have a person who is Harvard graduate [advising you], you would have business managers at Merrill Lynch or Goldman & Sacks.....that's not in place," 50 Cent said.

50 Cent believes he can still do big things in boxing.

"I'm around it and I do enjoy it. I love it from before I even met Floyd. It's entertaining and exicting for me. I know I can do innovative things with the actual sport," 50 Cent said.

User Comments and Feedback (Register For Free To Comment) Comment by GRUSTLER on 12-01-2012

[QUOTE=MayMosPeaHop;12756058]50 is known backstabber/turncoat and apparently the only ones who do not know that are the ones in this thread. I believe him like I believe anything Arum has to say. Speaking with a tad bit more clarity does not…

Comment by thuggery on 12-01-2012

50 Cent is definitely speaking the truth.

Comment by MayMosPeaHop on 12-01-2012

50 is known backstabber/turncoat and apparently the only ones who do not know that are the ones in this thread. I believe him like I believe anything Arum has to say. Speaking with a tad bit more clarity does not…

Comment by FeFist on 12-01-2012

[QUOTE=Check_hooks;12754857]Theres no way Pac is going broke Even if he spend's all of his boxing money, 100's of millions, hes still getting annual income from endorsements. Nike, Hennessy, Hp, etc. And even if he loses all those, hes still a…

Comment by GRUSTLER on 12-01-2012

[QUOTE=HAVISJ;12754113]50 opens his mouth and it seems like everyone is acting as if god is speaking. This is the same rat that was having an affair with his good friends wife( Chris Lighty). First,the drama was fake and he's still…

Post a Comment - View More User Comments (93)
Top Headlines Froch Cautions Joshua Not To Rush, Picks Fury To Beat Klitschko Kerry Hope is Convinced Vijender Singh Was Scared at Presser Zeuge is Sparring With Braehmer For De Carolis WBA Title Clash McGregor Was Looking For 50-50 Split With Floyd Mayweather Firat Arslan vs. Nuri Seferi Crossroads Bout on September 18 Eubank Sr. Baits Golovkin: Prove To Me That You Can Beat My Son! Rey Ojeda Shocks Puerto Rico With Retirement Announcement Thurman-Porter Makes Working Weekend Worth The Wrangling Cotto vs. Marquez Negotiations Continue To Play Out Hurd: I Didn’t Want to Force the Stoppage After Dropping Molina Joshua Warns Wilder: Focus on Arreola, I'll Be To America Soon Photos/Weights: Edner Cherry vs Lydell Rhodes, Douglas-Collado 30 Day Weights: Crawford 150.4-Pounds, Postol 145.5-Pounds Bob Arum Details Top Rank's Plans in China Examining the Keith Thurman-Shawn Porter Scorecards Golovkin-Eubank Moves Closer After 'Very Positive' Talks in London Povetkin's Promoter: No Interim-Fight, Wilder Shot By Year's End Thurman-Porter: Highest Barclays Boxing Gate, 2nd Largest Crowd Roach Embraces Pacquiao-Broner: We'd Go For The Knockout! Juan Diaz: Win Over Vazquez Takes Me One Step Closer To Title Terence Crawford Special Debuts on HBO, July 9th Oscar Molina: I'll Come Back From Loss to Jarrett Hurd Froch: If Eubank Faces Golovkin in September - I'd Be Shocked Brook: After Vargas - I Need To Get in There With Keith Thurman! Ivan Baranchyk, Tommy Morrison's Son Win Big in Miami Pablo Cesar Cano-Alfonso Gomez Set For July 15, Gibson is Out Thurman: Porter Isn't Top Two, But He Remains Marquee at 147 Golovkin vs. Eubank: Hearn Aims To Finalize Deal in 48-72 Hours Tommy Langford-Ronny Gabel Set For July 16th in Cardiff Postol, Roach Reflect Back on Knocking Lucas Matthysse Out Frank Warren: Liam Smith Has Very Good Shot To Beat Canelo! Vargas To Kell Brook: I Already Signed, Let's Get This Over With! Thurman Wants To Keep Fighting on Free TV, Not on Pay-Per-View Froch: Golovkin Rejected Terms, I'd Walk Through DeGale in 5 or 6 Casey Ramos Faces Paredes on Top Rank Bill, 7/16 on UniMas Joseph Parker Embraces Anthony Joshua Title Fight For The Fall Mayweather Admits: For The 'Right Price' I Might Come Back! Mikaela Lauren-Klara Svensson Showdown Set For Sept. 10 Mayweather Backs Golden Boy's Decision on Canelo-Golovkin Freddie Roach Feels Albert Pagara Could Be Future World Champ
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement