Comments Thread For: 50 Cent's SMS Promotions Files For Bankruptcy

[.:: JSFD26 ::.]

I dont care about SMS or Roc Nation. But why are people saying Roc Nation is next? Roc Nation actually hired people who know about the business to take care of it. I dont think 50 did the same with SMS.

EDIT: The only problem with Roc Nation is the type of money they been dishing out.

[MrRolltide91]

I hate hearing anyone have to go through bankruptcy it sucks. But SMS promotions isn't that including his headphone line and other business endeavors?

his headphone company is called sms audio

[-PBP-]

Not surprised. There is no way that company can make money. All of his biggest fights are co-promotion events with Top Rank where he's probably getting squeezed for a flat fee. Those smaller local cards don't generate profits.

[Brickyardigan]

50 said he better on Floyd for May 2nd but he we all know he went for Pacquaio because he's secretly and openly a hater.

He's a major reason alot of the fighters signed to him lost and they lost bad, nothing where a fighter have a chance at redeeming themselves.

[bigjavi973]

100k - 500k that sounds like 50 cent is getting out while he can

Thats a very small debt to be in

Wonder how much Rocnation is in debt by?

Anyone know how much they paid for Ward and Cotto?

Roc Nation isn't going anywhere... they aren't strictly a "boxing" company.

[Brickyardigan]

Not surprised. There is no way that company can make money. All of his biggest fights are co-promotion events with Top Rank where he's probably getting squeezed for a flat fee. Those smaller local cards don't generate profits.

Exactly 50 is a scrub. He let Arum squeeze money out of him and his fighters lost. Gamboa should had left 50 and tried to get with Haymon or Mayweather. 50 is a ****ing ****head for ruining good fighters.

[bigjavi973]

LOL every fighter he signed got their ass beat. The 50 Curse. Even MayBeatHer reconciled with .50 and promptly got his ass whooped by Pac Man. The Boxing Gods have dropped the hammer on .50 for lying about fighting Golden Gloves. Rok-Nation is close behind though.

Lou Cipher = Golovkin?????

[bigjavi973]

Roc nation is not just a boxing promotion company. They are sports agent's and have some of the biggest names in sports signed with them. They also do entertainment among other things. To compare 50 cents half a$$ed company to Roc nation is like comparing the success of McDonalds to a hot dog cart. Research never hurt anyone.

[Dr Rumack]

Huge blow for 50 Cent's boxing company SMS Promotions -- TMZ Sports has learned the rapper's company has just filed for bankruptcy.

50 started SMS Promotions back in 2012 ... and signed some pretty big names in the sport, including then-undefeated champion Yuriorkis Gamboa, James Kirkland and Olympic medalist Andre Dirrell.

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I love how TMZ describe a company filing for bankruptcy as a 'huge blow'.

That's like saying "Huge Blow for Michael Jackson as he's Dead"

[luckykb8]

Now look, all I ever heard was how ****** Floyd is for not goin in with 50 he's gonna be broke in no time, throughout all the hate & criticism Floyd has consistently made the right business decisions to making himself the highest paid athlete in the history of human kind, he's gotta be the smartest "******" person that's ever walked the face of the earth