50 Cent Founds Boxing Promotion Company, Is Expected To Sign Two Fighters

50 Cent is on to the next business venture, as he enters the world of boxing promotion.

50 Cent's longstanding friendship with championship boxer Floyd Mayweather is no secret. Fif has regularly attended Mayweather's fights, and has participated in the fighter's entrance to the ring several times.

Now, 50 looks to begin his own boxing promoting business, founding TMT Promotion, with the TMT standing for The Money Team.

The Vitamin Water mogul and purveyor of video games, energy drinks, and various books has TMT licensed in New York, and is in the process of applying for a license in Nevada.

Sports Illustrated reports that 50 will be working with Mayweather, and that he is expected to sign former featherweight title holder Yuri Gamboa and super middleweight contender Andre Dirrell.

RELATED: 50 Cent Says He Has "Full Support" From Interscope Now

72 Comments

  • Awnings

    I'm here to post this kind are always inspiring and I am so happy to find many good point to read quality content like Post .. I thank you for sharing ...

  • Anonymous

    "still say DON KING is a better, more ethical promoter than 50 CENT could ever be?" King may have been greedy, but most of those boxers still made more money than they ever would have without him. They just didn't read or understand their contracts. Happens all the time, especially in boxing. Don't cry.

  • Anonymous

    "dont you know that DON KING is a crook that STOLE MIKE TYSONS money?" Everybody knows Tyson had the IQ of a golf ball. He blew alot of his fortune on women and legal matters.

  • Anonymous

    whoopty woop, surprise?not real, boxing this days aint real so i see how fifty will even stack up more money

  • Anonymous

    what ppl dont realize is when they post net worth income on forbes its income from portfolio meaning that if they sold those assets those are only estimates of what they would have, but I tip my hat off to 50 for making another business move

    • Not Rich And Still Trying

      You're a bitch from trying to defend 50 Cent this nigga is a bitch/snitch/hater/ and you're no better than him if you respect him.

  • Anonymous

    "And how many of those "Million" went to the junior Olympics?" That means he was an amateur. Not professional. World of difference.

  • Anonymous

    "ok, 50 was a golden glove boxer" That fact was conveniently left out of that oh so realistic Get Rich or Die Trying movie.

  • Anonymous

    "dont you know that DON KING met Muhammad Ali when DON KING was in prison" Do you also know that King was the one who organized "The Rumble in the Jungle". That was in 1974. He's basically represented almost every top fighter, and also been sued by almost every fighter. For 50 to try this now is like Ronnie from Jersey Shore doing WWE. It's a sham, but fortunately for Fif, there are people like you who will cheer him on regardless probably because your life is a bigger sham.

    • Bigg Homie Locc Dogg

      ^^^^ Kill yo self, word...

    • word7

      ^^^^ Bitch quit trying to act like a crip cause you ain't fooling nobody

    • Bigg Homie Locc Dogg

      Dummy, Ive got the rumble in the jungle on dvd, and dont you know that DON KING is a crook that STOLE MIKE TYSONS money? 20 MILLION dollars gone, and you still say DON KING is a better, more ethical promoter than 50 CENT could ever be? Sham is right, you shameless sham artist wanna be hater...

  • word7

    Do your thing 50 hopefully you'll bring some life in boxing lol

  • Got Rich And Stopped Trying

    So he's gonna start pimpin some boxers, heh?

    • Got Rich And Stopped Trying

      I'm fucking your mother though she's fine as hell just tell her to shave that pussy shit's looking ridiculous huh nigga tell her my dick can't fuck no hairy pussy guess I'll have to resort to the anus

    • Anonymous

      still broke and dickriding ^^^^

  • anonymous

    this man is real businessman

  • Nas - Stay

    Peace to the Five Percenters, online engine inventors Shout to them niggas, family men, bringin home dinners Watch out for desperate lonely women, hurt ya happy home Miserable and alone, kissable, nice to bone She not the type deserving of a throne Her beauty is her curse, she fuck for shoes and a purse Make me a movie first, can watch you on my phone I shop in Barcelona, I spend some nights in Rome Feel like a knight from England, thats what I named my son: Knight He was born to be one, thats how my game was won White 740 Beamer, licked by an angels tongue Im livin dangerous son, she got a man, a famous one Honey be pocket watchin, she got a lot of options Hard to make up her mind decidin which baller to rock with Hot to death, slim (?), but Im not impressed She got the hottest sex, so I guess Imma just Stay Even though I dont like you, next Friday night cant wait to fight you Locked up I would knife you, dont fuck with you Last month I even bucked at you, you got locked I felt bad, wait, do I got love for you? I might kill you, but do I got love for you? I want you dead under 6 feet of soil At the same time, want you here to witness me while you in misery We hate each other, but its love, what a thug mystery Years ago they ate the heart of a slain enemy We enemies, but your hatred could never enter me Some seek fame cause they need validation Some say hatin is confused admiration Spotlight on me, I still look twenty Still get money, lady killer pushin a Bentley Maybe niggas could see too much of they failures through a nigga who realer I dont like you near bruh, but I need you to Stay

  • TylertheDestroyer

    I dont think you are the greatest rapper of all time. But you are becoming the greatest rap business man in the game and possibly of all time.. Jaywatch the throne cause Queens niggas be chisty

  • Anonymous

    Too bad MMA is where the big money at. If 50 would have offered Dana White a G Unit chain before the label went to the shitter, then 50 would be ballin' like hell.

  • jr88

    wow there is alot of haters here....smh, let 50 promote first before you start bitchin...smh...50 is a master promoter...hip hop is sooooooo soft now, but before 50 hyped up every battle he had so basically he is gonna do the same but now in boxing and his name will bring people that are not into boxing...you guys know nothing

  • Anonymous

    "Would you prefer Don King" Yes I would. Promoters don't just wake up one day and say gee I think I'll make gazillions of dollars promoting boxers. Most know the sport of boxing inside and out. They know the politics. They understand the system. They've been around fighters all their life.

    • Bigg Homie Locc Dogg

      Dummy, dont you know that DON KING met Muhammad Ali when DON KING was in prison for killing a "john" who didnt want to pay him for one of his prostitutes services? Does that make DON KING more knowledgeable, or JUST A BETTER PIMP than most... SHUT UP...

    • Josh

      he wasn't know damn golden glove boxer man. he played around with boxing but he wasn't golden glove bruh.

    • Anonymous

      ok, 50 was a golden glove boxer. And he's around mayweather all day. i think this shit gon pop off for him

  • Anonymous

    "his best friend is mayweather enough said" You mean the same Mayweather who won't fight Pacman?

  • Anonymous

    "50 Cent boxed during his adolescent years" Yeah, him and a million others. How does that suddenly mean he knows how to promote fighters?

  • chicasal

    Locking up Gamboa and Dirrell smart move by 50

  • Anonymous

    i like turtles.

  • milehighkid303

    He's winning and ya'll STILL crying.....like the great Slick Rick would say...."Don't cry, dry ya eye...."

  • Anonymous

    The 2 boxers he will sign will be the equivalent to the Tony Yayo & Kidd Kidd of the rap game, 50 is not the business man he thinks he is the only things he sells well are stuff that had his name on it when he was hot.

  • Anonymous

    He knows nothing about boxing. This is just another money grab made possible because the sport is corrupt. The only fight people want to see is Pacman and Mayweather.

    • 614grind

      That's the problem. The sport is too top heavy with just Golden Boy and Top Rank. We need some new blood, some new money, some new flavor in the game. I think this is his best score since the Lionsgate deal.

    • Rella

      50 boxed before he became a rapper and even competed in the junior Olympics, so he has experience. He has also been best friends with one of the best boxers in boxing right now for years and has been involved in mayweathers career and learned about the boxing business from him. You really think he knows nothing about boxing? What does he have to do to get your approval to do this?

    • Anonymous

      his best friend is mayweather enough said

    • Anonymous

      So why does 50 have to know anything about boxing? Is that what your saying?

    • Bigg Homie Locc Dogg

      You have no brains...Since when does a race car driver have to know how to fix an engine? Since when does a stockbroker have to know about gold mining or farming to buy commodities? Would you prefer Don King? Do you think all Concert Promoters are also great record producers? Shut Up...

    • Anonymous

      Just because you boxed doesn't mean that you can you a successful business around it "Please do your research before posting your ignorance."

    • Anonymous

      50 Cent boxed during his adolescent years. Please do your research before posting your ignorance.

  • Fan

    True Hustler fif. the more successful you get the more haters will hate..The Money Team does it again..One of the Best Business Man around..Loving it fif keep up the good work

  • Anonymous

    Damn, this nigga's hustle is just unreal. Once in a lifetime.

    • Anonymous

      wow anonymous you can copy and paste. congratulations. 50 can still buy your family.

    • Anonymous

      whoever posted that list of billionaire is an asshole. trying to undermine a man's accomplishment and hardwork by posting up a bunch of billionaires. so nigga how much do you make. exactly, stfu

    • milehighkid303

      I feel you bruh, n I respect it. Fine line between a fan and a dickrider.

    • Anonymous

      "you can see through what you're posting you don't like him." Not true, I don't like his dick riders.

    • milehighkid303

      ^^^^^LOL bruh, take it easy you posting business billionare men, half of which weren't even born in this country, yea Fif ain't holding a candle to them. But you're comparisions are silly. Post Jay's and Diddy worth, not CEO's, founder's of businesses, you can see through what you're posting you don't like him. C'mon bro, duke went from sellin crack in Queens to over a 7 figure worth.

    • Anonymous

      Ermmm... Carlos Slim $69.0 billion Bill Gates $61.0 billion Warren Buffett$44.0 billion Bernard Arnault$41.0 billion Amancio Ortega$37.5 billion Lawrence Ellison$36.0 billion Eike Batista$30.0 billion Stefan Persson$26.0 billion Li Ka-shing$25.5 billion Karl Albrecht$25.4 billion 50 ain't nothin' special

  • Anonymous

    50 is a real boss you can go on youtube and see a old bang em smurf interview and he says 50 been a boss since his days as a street gangster haters always hate on real niggas for no reason ha ha ha get mad

  • foekist

    HE HAS NO LOYALTY

  • foekist

    50 CENT IS A USER. WAIT TILL U SEE IT WILL BE ONLY A MATTER OF TIME B4 HE GOES IN ON MAYWEATHER....WATCH

  • jr88

    he is a great boxer....damn this could be big if he plays his cards right

  • Anonymous

    i heard rick ross and khaled ate up all his wingstop profits from the year

  • Anonymous

    wooww..big move by 50.. Gamboa is an incredible young talent, and Dirrell has hands too..if he plays it right this can be big

  • DAA

    He's already signed a former featherweight champ and another former olympic medalist

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