Comments Thread For: 50 Cent Explains Hostile Relationship With Mayweather

[mrjoeblive]

The most idiotic thing 50 did was to assume that he would glide into becoming a boxing promoter. I still remember that arrogant post to De La Hoya....kindo of showed that 50 is no brain surgeon lol. So yeah his credability is not there and he is indeed in no position to lecture anyone.

Fifty probably knows about the spending issues though....You have idiots posting here right now that believe that Floyd's lavish ways are an image....Because its not like any boxer EVER SPENT HIMSELF INTO BROKEDOME before....or, Floyd is just too smart for that cause he he spoke to Warren Buffett!

50 thought floyd was going to leave Al Haymon and Richard Schaefer to join him. That would have been the dumbest move in boxing. 50 dont have the ability to compete with oscar arum or floyd in boxing. He wanted to use floyd to advance himself. Look at his fighters, there are stagnant because 50 dont have the juice to move their careers forward. 50 should just shut up and work his but off to build up his rep as a promoter. He saw how much money was in boxing and wanted to get a piece.

[mrjoeblive]

This may be the dumbest thing I have seen since horus "floyds boat is an investment" thing.

You do realize that uncle sam gets his cut whether or not Floyd spends his money right? You honestly think Floyd had to buy 3 Bugatti Veyrons to avoid the tax man? I'm really not sure what world you are living in, but I wish I lived there.

I can imagine the scene now:

Floyd opens a letter from the IRS, and thinks to himself "Well I can't read it, but it probably says 'If you don't spend all of your money on Bugattis, we will have to confiscate everything you own' so I better go and buy me some Bugattis!!!!

What you dont understand is, a lot of high earners learned a sever lesson from p diddy. That Bentley in his caint hold me down video was written off becau he was using it in his videos. Floyd can write off those cars (1 was a gift) by using them in his promotions. This is how the rich get around taxes. I have a LLC which allow me to write of a lot. I even write off what I pay my investment company and my accountant. I dont earn 1% of what floyd earns but I know he has the ability to write off millions.