Categorized | Sports

50 Cent, Manny Pacquiao To Form Joint Boxing Venture

Hip-hop mogul, 50 Cent and boxing great, Manny Pacquiao are joining forces to create a boxing promotion entrepreneurial venture, according to sources.

Last July, 50 Cent created boxing promotions company, The Money Team (TMT), but recently, news surfaced that the TMT venture fizzled and that the fighters signed to the company (Celetino Caballero, Andre Dirrell, Yuriorkis Gamboa, and Billy Dibb) would be taken over by Mayweather Promotions, owned by boxing superstar Floyd Mayweather.

Pacquiao’s adviser, Michael Koncz, said that Mayweather has now been taken out of the entrepreneurial equation and that the business deal currently involves only 50 Cent and his client.

Those close to 50 Cent and Mayweather now say that their relationship is strained, so 50 Cent has reportedly gone on to launch his partnership with the man who was once destined to fight his former friend.

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