50 Cent Launches Boxing Promotion Company, 'THE MONEY TEAM [TMT] PROMOTIONS'

G-Unit rapper, 50 Cent can add a new title of being an officially licensed boxing promoter in New York to his portfolio.
According to reports, Fif is also looking to get a license in Nevada.

Sports Illustrated's Chris Mannix revealed that Curtis Jackson is now an officially licensed boxing promoter in New York State; with plans to get his license in Nevada as well. His company is called 'The Money Team Promotions (TMT)' and will reportedly rep Yuri Gamboa and Andre Dirrell at the outset.

There's no word on whether 50 will ultimately work officially with Floyd. And while a Mayweather-Manny Pacquiao fight is still a longshot, if anybody can make it happen it's a dude who survived nine gunshot wounds.

Back in April, undefeated boxing champion Floyd Mayweather, Jr. hinted at Fif's venture into boxing promotion.

In an interview with RingTV, Mayweather revealed that 50 Cent has been getting involved with Mayweather Promotions and may be featured on a fight card in the future.

"Well, 50 is getting involved in boxing as far as getting involved with fighters, because he boxed at one particular time in South Side Jamaica, Queens. I had a chance of actually going to his neighborhood, and he was a rough, rough kid, tough," Mayweather said.

"I think he's going to be involved on the promotion side. We may even put him there, let him fight on pay-per-view one time. So we don't really know what the future holds, but he is getting involved with boxing," he added. (CBN News)

The duo were spotted last month when Mayweather, Jr. turned himself in for a three-month jail bid.

 Floyd Mayweather Jr. turned himself in Friday in a Las Vegas courtroom to begin serving a 3-month jail sentence for attacking his ex-girlfriend while two of their children watched. He was accompanied by several people including rapper 50 Cent. (Washington Post)

No stranger to the ring, 50 has reportedly knocked out time as a boxer in his younger days.

Mayweather was speaking with the media to promote his fight with Miguel Cotto on May 5 and said 50 Cent will escort him into the ring for the bout. That's when he explained that 50 will be getting more involved in boxing. As Golden Boy Promotions mentioned in their tweet that quoted Mayweather, 50 began boxing around the age of 11.

The rapper even competed in the Junior Olympics as an amateur fighter. Though he hasn't fought professionally, 50 Cent has many interests beyond the music industry. He is an actor, he has a clothing line, and he's involved in several other ventures. Given his business acumen, and relationship with Floyd Mayweather, it wouldn't be a surprise to see him have plenty of success in the fight game. (Larry Brown Sports)

Source: SOHH