Advertisement
Advertisement
Boxingscene.com

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 Jose Pedraza's Manager Not Happy, Says Boxer is Stuck in Limbo Ward: I’ve Got Plenty of Time To See What I Need Of Kovalev Mayweather Sr: Danny Garcia Can't Beat My Son, Not as Good Flanagan: Now or Never For Crolla Fight – One or Two Left at 135 Eddie Hearn Eyes Pro Deal, Star Potential For Nicola Adams James Metcalf-Serge Ambomo New MGM Headliner on October 7 Parker Tabbed By Bookies as Big Underdog in Joshua Fight Klitschko: Since Going Pro, I've Never Had Such a Long Break Ryan Rhodes: Facing Ricky Hatton Will Be Weird Kovalev Rejects Talk That Golovkin Dropped Him in Camp Dillian Whyte, Ian Lewison Explodes- Pulled Apart at Presser Pacquiao Looking Solid in Training Camp, Very Fast and Strong Kozaev, Fayfer, Papazov, Ananyan Get Wins in Krasnodar Tommy Morrison's Son Fights To Create Own Identity Mayweather Sr: I Believe My Son Will Fight Again, Break The Record Andreev, Chelokhsaev Win, Tedeev Upset in Vladikavkaz Lucas Matthysse To Return in Early 2017, Says Golden Boy Prez Photos: Perrella-Ugas, Karl-Quezada on Weight For PBC on FS1 Adam Balski Knocks Out Valery Brudov in The Fifth Chocolatito Not Pleased With Offer For Inoue, Prefers Cuadras Lewkowicz Sends Warning Message To Today's Boxers Ricardo Mayorga is Back, Plans Ring Return For December Luis Ortiz To Klitschko: I'll Replace Fury, Whoop Your Ass on 10/29 Ohara Davies is Off Burns-Relikh, Returns Saturday in Germany Hearn Keeps Everyone in Suspense on Joshua vs. Klitschko, Parker Mikey Garcia Still Waiting For a Date, Hopes For Zlaticanin Shot Video: Abregu Suffers KO Loss, Opponent Attacked Afterwards! Abregu Knocked Out By Journeyman, Post-Fight Brawl Erupts Javier Fortuna Will Go After Pedraza or Sosa vs. Smith Winner Cleverly Eager To Fight: I Want To Rip That Title Off Braehmer Pacquiao-Vargas Broadcast Team - Bradley, Smith, Kenny, More Billy Joe Saunders Return Moved To October 22 in Cardiff Juanma Vows: I'll Go For The Kill, Won't Stop Until I KO Vazquez! Golovkin-Saunders: Warren Will Try To Make The Fight Happen Ward: What Will Kovalev Do When Being the Krusher Doesn’t Work? Hopkins: Canelo-Golovkin WILL Happen, This Ain't May-Pac! Crolla: I'll Be Back Better To Beat Jorge Linares in Rematch Marlon Tapales vs. Arthur Villanueva is No Problem, Says Salud Video: Eddie Hearn on Joshua vs. Klitschko, Fury, DeGale vs. Jack Luis Concepcion-Kal Yafai Eyed For November 26 In Manchester
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement