50 Cent launches TMT Promotions

captainanddew wrote:as if 50 and mayweather weren't already a bit gay.

NJBeatdown86 wrote:I hope Flod steals all of Gamboa's and Dir-run's money.

And yes, this is another example of 50 and Floyd's down-low love.

Diego408 wrote:Richard Schaefer wants to work TMT promotions and Make Broner vs Gamboa. It sounds like a great match up, but one major problem, Al Haymon. It looks like all these TMT fighters are all signed with Haymon. I wouldn't be surprised if Broner and other Haymon fighters sign with TMT.

Ali wrote:I really hope Curtis is in this for the long haul with good intentions, he does seem to have his head screwed on.

koolkc107 wrote:Doesn't mean TMT wont partner with GBP in the future.

What it does mean is Floyd no longer has to, will get more if he does, and will get an even bigger piece of everything regardless.

But, theoretically, TMT can now partner with -gulp- TR without the GBP/TR "feud" poisoning things

Also, what else does anyone think Floyd is going to do when he finally hangs them up?

SlickMoney wrote:Did anyone see 50 calling Oscar "babygirl"on Twitter?

Billy Dib is a KO waiting to happen. He better stick to fringe contenders.

captainanddew wrote:boxing needs to go back to the basics. If a fighter has a logical geographic place to fight, then he needs to be there most of the time.

economy went to shit 2008. It is 2012. With Europe in worse shape, China slowing, and a real estate situation here that is going to take more time to fix itself, things are going to be slow to improve.

Fights in vegas make no sense. or guys in california that shouldn't be there (kayode/tarver).

Why isn't there some cuban cards in Florida? Ask HBO or Showtime to televise cards with gamboa and lara (or another cuban fighter in the co-main).

GrantZilla wrote:50 says he's going to take UFC head on with his promotion

http://tinyurl.com/cu9436h

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, 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 coordinating raids to sign boxing's best stars from jail - he is due to be released August 3 - with 50 Cent negotiating the deals and says he recently signed 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 might possibly feature Mayweather's return to the ring.

Many disillusioned boxing fans have simply stopped watching 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 recognizable rap star and a successful businessman earning $100 million in a deal to market vitamin water.

"I come from a background where not everything is in your favor, 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."

Gumby wrote:I had no clue about this but I like it. They've already gotten some big names and I trust 50. Make jokes all you want but that man knows how to hustle, knows how to promote, and seems to care about the sport.