There is ‘trouble in paradise’ between rap superstar 50 Cent and the world’s best fighter Floyd Mayweather, Jr. The two men have been longtime friends and cronies and most recently had been working together as fight promoters. That’s apparently changed over the past few days and ‘made offical’ on Thursday with a 50 Cent update on Twitter. The ‘Money Team’ is no more and the two men are on the outs.
50 Cent–real name Curtis Jackson–announced the promotional partnership with Mayweather during the fighter’s incarceration this summer. The company called ‘TMT Promotions’, which is short for ‘The Money Team’ which is what Mayweather calls his entourage. Although nothing was made official it was strongly inferred that TMT Promotions would promote Mayweather’s fights instead of his current promotional group, Oscar De La Hoya’s Golden Boy Promotions.
TMT Promotions got off to a good start–50 Cent was quickly licensed as a promoter in New York and has signed some quality fighters including featherweights Yuriorkis Gamboa and Billy Dib along with super middleweight contender Andre Dirrell. He’s also applied for licensing in Nevada and his application is expected to be approved at the Nevada State Athletic Commission’s next meeting in mid November.
While 50 Cent’s promotional efforts will continue it’ll be without Mayweather. On Thursday he Tweeted:
“TMT IS OVER. The Money team is no longer a team. So it’s SMS Promotions. That’s it. That’s all.”
SMS Promotions is co-opted from ‘Fitty’s’ line of headphones and audio products, SMS Audio. He continued his Twitter rant, teasing that he was having a clearance sale of TMT swag:
“If anyone wants a money team jacket I’m selling mine for a dollar. The nap back hat comes with it. That’s a fare price. SMSaudio”
“Get your TMT sweat suit NOW!! For just $7.99 on line No shipping and handling.”
While no official reason for the split has surfaced, another Tweet strongly implied that Mayweather hadn’t held up his end financially:
“I move the fighters to SMSpromotion cause the other half of the money team .Didnt put up there $MONEY$”
Mayweather’s manager/advisor Leonard Ellerbe has so far gone ‘no comment’ on the story. The original Nevada promoter’s application listed both Mayweather and Fitty as the principles but earlier this week the rapper’s team emailed NSAC director Keith Kizer saying that Mayweather was no longer a part of the project.