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In 2012, Dib signed a three-year multi-fight contract with 50 Cent — one of the highest selling music artists of all time — after the latter formed a joint venture with Floyd Mayweather that would supposedly revolutionise boxing.
But 50 Cent, real name Curtis Jackson, fell out with Mayweather, who held rights to The Money Team promotional company, leaving Dib directly under the control of the rapper.
Dib says he was paid only a fraction of what he was owed by 50 Cent over six fights, and while he would not discuss figures, The Daily Telegraph understands it is upwards of seven figures.
And there’s little chance of Dib ever recouping that money after 50 Cent filed for bankruptcy last year, owing $45 million to creditors.
“We have no promotional ties, and thank God I’ve finally gotten away from 50 Cent,” Dib said.
“A lot of people would say ‘Why do you want to get away from 50 Cent, that would be amazing’, but it’s not amazing, it was very disheartening, sleepless nights, you wake up for phone calls and the guy would never answer his phone, it was possibly the worst career move that I’ve made in my life.
“But everything happens for a reason, that was what was written for me at the time, and it’s on to the next.”
The much-hyped deal with 50 Cent was supposed to have taken then world champion featherweight Dib to a new stratosphere in the boxing world, but instead left him hating the sport.
Billy Dib with American rapper 50 Cent.
Billy Dib with American rapper 50 Cent.Source: Supplied
“My career was skyrocketing, things were going amazing, and then unfortunately - and when I say unfortunately I really do mean unfortunately — I signed for 50 Cent, who basically knew nothing about the sport of boxing,” Dib said.
“And I really believe that it’s from that point, because when you get promised something and it’s not delivered, that disheartens you a little bit.
“And that’s what was happening to me, I was being promised certain things and I was only being delivered a quarter of what was promised.
“So that became very disheartening, and then you find that you’re fighting for money and you’re fighting for the love of the sport anymore, and that’s what happened to me.
Billy Dib tragically lost his wife Sara to cancer last yea
50 is a scumbag. r.
But 50 Cent, real name Curtis Jackson, fell out with Mayweather, who held rights to The Money Team promotional company, leaving Dib directly under the control of the rapper.
Dib says he was paid only a fraction of what he was owed by 50 Cent over six fights, and while he would not discuss figures, The Daily Telegraph understands it is upwards of seven figures.
And there’s little chance of Dib ever recouping that money after 50 Cent filed for bankruptcy last year, owing $45 million to creditors.
“We have no promotional ties, and thank God I’ve finally gotten away from 50 Cent,” Dib said.
“A lot of people would say ‘Why do you want to get away from 50 Cent, that would be amazing’, but it’s not amazing, it was very disheartening, sleepless nights, you wake up for phone calls and the guy would never answer his phone, it was possibly the worst career move that I’ve made in my life.
“But everything happens for a reason, that was what was written for me at the time, and it’s on to the next.”
The much-hyped deal with 50 Cent was supposed to have taken then world champion featherweight Dib to a new stratosphere in the boxing world, but instead left him hating the sport.
Billy Dib with American rapper 50 Cent.
Billy Dib with American rapper 50 Cent.Source: Supplied
“My career was skyrocketing, things were going amazing, and then unfortunately - and when I say unfortunately I really do mean unfortunately — I signed for 50 Cent, who basically knew nothing about the sport of boxing,” Dib said.
“And I really believe that it’s from that point, because when you get promised something and it’s not delivered, that disheartens you a little bit.
“And that’s what was happening to me, I was being promised certain things and I was only being delivered a quarter of what was promised.
“So that became very disheartening, and then you find that you’re fighting for money and you’re fighting for the love of the sport anymore, and that’s what happened to me.
Billy Dib tragically lost his wife Sara to cancer last yea
50 is a scumbag. r.
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