50 Cent Leaves The Money Team; Visits The Breakfast Club [VIDEO]
After much publicity from 50 Cents decision to become a boxing promoter, where’s his relationship with Floyd now? 50 Cent has left “The Money Team” to team up with Manny Pacquiao. A rumble is brewing, but between who?
It was all good just a week ago? What happened with 50 Cent being Floyd Mayweather’s ace? Did 50 really go to Floyd’s enemy to start a promotion company?
BoxingScene.com has confirmed that eight division world champion Manny Pacquiao, and rapper 50 Cent, are going to move forward with a joint promotional venture – according to Pacquiao’s adviser Michael Koncz.
In an earlier story, multiple sources advised BoxingScene that TMT Promotions, the promotional company recently started by 50 Cent, was already closing shop.
Back in July, 50 Cent announced the formation of TMT Promotions, and quickly signed Yuriorkis Gamboa, Billy Dibb, Celestino Caballero and Andre Dirrell. He also obtained a promoter’s license in New York, and submitted paperwork to get a license in Las Vegas.
There was talk of friction between 50 Cent and Mayweather, but never confirmed.
Michael Koncz (Pacquiao’s advisor) had this to say on the situation:
“50 Cent and I have been talking now for maybe the last two months. They approached us with the idea to form a promotional company. Initially it was going to be 50 Cent, Manny and Floyd. But right now I don’t think Floyd is going to be a part of it. I explained the idea to Manny. We already have a promotional company, MP Promotions, and we have already done three separate promotions from Top Rank…on a small scaler. I have to take the blame for that. I’m in charge of it. There is an element missing there, but I have so much to do with Manny – that I haven’t got that company to where I want it,” Koncz told BoxingScene.com.
“I think with 50 Cent, with his entertainment connections and his popularity there, combining that with Manny’s popularity and expertise in boxing – we can bring a new flavor to boxing – we can excite some young boxers and I think we can sign some top quality boxers. I spoke to 50 Cent tonight and confirmed that we’re going to go forward. Manny is coming here this weekend for other business, but we’re all excited about it. With 50′s influence in the music industry – we want to put a different flavor on the shows.”
If that didn’t blow your mind, check out 50′s interview with The Breakfast Club. Can you say there’s some problems between 50 & Floyd? Actually, it seems as if Floyd Mayweather is exactly who we thought he was and 50 is only being the astute businessman that he is.
50′s interview below:
TheWheard: HipHopWired
Word Eye Heard Staff
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