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50 Cent and Money May', TMT promotions


Guest Len B'stard

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Guest Len B'stard

Mayweather and 50 cent's grand plans

RAP star 50 Cent and Floyd Mayweather plan to take the UFC head-on for the hearts and wallets of the next generation of fight fans, after forming a company that could dramatically shift the power-base in boxing

In a revealing interview with News Limited Newspapers, 50 Cent outlined plans to challenge the domination of boxing promoters Golden Boy and Top Rank "immediately", with their new company TMT (The Money Team) Promotions.

Mayweather has been co-ordinating raids to sign boxing's best stars from jail - he is due to be released August 3 - with 50 Cent negotiating the deals and yesterday signing Australia's IBF featherweight champion Billy Dib to a three-year contract.

"We want to change boxing," said 50 Cent, real name Curtis Jackson, who's amassed a $110m fortune in the music game.

"The goal initially is to create a company by fighters, for the fighters, which breaks the traditional vibe of promoters taking advantage of fighters.

"We're going to change the demographic also, appeal to the younger demographic.

"You look at UFC and MMA, when their festivities start the place is full, whereas the tradition in boxing is you wait until the main event starts.

"We want to put on cards where there are five main event fights, where there is entertainment from start to finish, cards that command attention all over the world."

50 Cent said TMT Promotions would put on their first show in November, most likely in Las Vegas. That show would likely feature Mayweather's return to the ring.

Many disillusioned boxing fans have switched to the UFC in recent years, tired of mismatches, politics and meaningless alphabet titles, though Mayweather remains the most watched combat athlete on the planet and earns an estimated $40m per fight.

With the undefeated Mayweather's boxing credentials, and 50 Cent's mass appeal beyond the sport, several contracted top fighters are expected to defect from GBP and Top Rank to join TMT.

"I've already had fighters say to me, 'I wish I could join [TMT] but I've got this contract'," 50 Cent said.

"To me, the options are pretty clear. You can deal with a snake in the grass, a snake in the street or you could try something new."

50 Cent has a well-known story of a tough upbringing in New York, going from teenage drug-dealer to the globe's most recognisable rap star and a successful businessman earning $US100 million in a deal to market vitamin water.

"I come from a background where not everything is in your favour, but I always anticipate success, I approach things with a positive outlook," said 50 Cent in reference to his latest venture.

Sydney's Dib is the third fighter on TMT's roster, with stars Yuriorkis Gamboa and Andre Dirrell already on the books.

"I really want to associate myself with the best possible talent, and Billy falls into that category," 50 Cent said.

"Floyd asked me to sign him, he has been watching his career and he has always been a big fan.

"When you have talent, it is important to showcase that talent."

http://www.heraldsun.com.au/sport/boxing-mma/mayweather-and-50-cents-grand-plans/story-fndn16fm-1226438043276

I think it's a great idea, always liked 50, musically as well as his brain for making money. Whatcha reckon, anything'll come of it? Golden Boy have made out pretty well and it's about time boxing promoting was cleared although the idea of 50 coming in and cleaning something up is slightly laughable considering who he is. But even aside from that, it'd be nice to see some new promotors with some weight to come in and maybe make some difference to the game. Whether they do or not is something else i guess.

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Guest Len B'stard

wow, len, another fighting/boxing thread?

:rolleyes:

Pro' you need to relax man. I mean does there have to be one concentrated centralised place for everything, i mean look how many food threads pop up, or like, y'know, should we just make one thread and call it the news thread instead of making different ones each time, it's a sport, i like it, something happened in it so i made a thread, i'm sorry if it ain't in line with the invisible rulebook of the tightly wound mygnrforum members man but i ain't lookin' to annoy anybody or make their life difficult, i read some shit i found interesting, i made a thread about it, it's a no-brainer y'know, sorry if it annoys you.

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Guest Len B'stard

Lenny loves boxing. In fact, he told me that he spends hours thinking about men punching each other in the ring...

Til their bells go ding! :D

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wow, len, another fighting/boxing thread?

:rolleyes:

Pro' you need to relax man. I mean does there have to be one concentrated centralised place for everything, i mean look how many food threads pop up, or like, y'know, should we just make one thread and call it the news thread instead of making different ones each time, it's a sport, i like it, something happened in it so i made a thread, i'm sorry if it ain't in line with the invisible rulebook of the tightly wound mygnrforum members man but i ain't lookin' to annoy anybody or make their life difficult, i read some shit i found interesting, i made a thread about it, it's a no-brainer y'know, sorry if it annoys you.

You're probably right.

I'm having a shit day.

Go on then...

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