By Adrian Warren
IBF featherweight world champion Billy Dib confirmed a Wednesday report on BoxingScene.com , which indicates the boxer is now signed up solely with Floyd Mayweather Jr.
Back in July, Dib signed up with TMT Promotions headed by rap star 50 Cent and Mayweather.
Recent reports have suggested a strained relationship between the rapper and Mayweather. And BoxingScene's Rick Reeno reported on Wednesday that 50 Cent has now linked up with Mayweather's main rival, eight division world champion Manny Pacquiao - and the two of them are planning to form their own promotional company.
Dib and his brother and manager Emaid focused on the boxing side of the business rather than the rumors, but confirmed the move to Mayweather Promotions. As BoxingScene previously reported, the boxer and his management were notified that 50 Cent and Mayweather would no longer be working together .
"He (Mayweather) was in partnership with 50 Cent but they've decided not to go ahead with that company and Floyd is going to do his own thing," Billy Dib stated on Friday.
"This (contract with Mayweather) is a three to four year deal and as I told Floyd this morning I'm in this for the long haul. I'm being tutored and mentored by the best in the business. One of the things we discussed on the phone is he'd like to probably come out and do some media things with me here, create some more awareness."
Dib is looking to make a voluntary defense overseas before the year is out. Provided he is successful, he will then make a mandatory defense next year against the winner of next month's IBF title eliminator between Cuba's Luis Franco and Argentina's Mauricio Munoz.
Beyond that, Dib said he would look to unify the division or move up to super featherweight.
Emaid Dib described the transfer from TMT to Mayweather Promotions as seamless.
"There's no issues at all, 50 Cent's lawyer (Gary Sekou) has been speaking to our lawyer Adam Houda, he's been dealing with the paperwork," Emaid Dib said.
"Floyd has been communicating with Billy and I on a regular basis and everything that Floyd said has happened and it's been very straightforward and very easy. I see a lot of benefits in this move for us, particularly the people that Floyd is working with.
"You've got influential people like Al Haymon and Leonard Ellerbe. I think it's going to work really well."
Tags: Floyd Mayweather Jr. , Billy Dib , 50 Cent