50 Cent Teaming With Manny Pacquiao To Form Boxing Promotion Company. Floyd Mayweather Jr. No Longer Involved

 

It was just several weeks ago that 50 Cent announced the start up of TMT Promotions. A boxing promotion joint venture between the business mogul and long time friend Floyd Mayweather Jr. The two signed several boxers to the company including Billy Dib and Andre Dirrell.

 

Now comes news that TMT Promotions is no more. All of the fighters that were signed to the company have now been moved over to Floyd's own Mayweather Promotions, according to several published reports.

 

50 will continue working as a boxing promoter however. Manny Pacquiao's adviser Michael Koncz tells Boxingscene.com that Pac Man and 50 have formed their own promotional company. Mayweather was initially going to be involved with this new venture, but that is no longer the case.

 

 

"50 Cent and I have been talking now for maybe the last two months," Koncz told Boxingscene. "They approached us with the idea to form a promotional company. Initially it was going to be 50 Cent, Manny and Floyd. But right now I don't think Floyd is going to be a part of it. I explained the idea to Manny. We already have a promotional company, MP Promotions, and we have already done three separate promotions from Top Rank... on a smaller scale. I have to take the blame for that. I'm in charge of it. There's an element missing there, but I have so much to do with Manny - that I haven't got that company to where I want it."

 

 

Koncz said that the new company would shake things up on future Pay-Per-View events by having two fights instead of four, and staging mini-concerts in between to give fans a much more interesting viewing experience. He also said the company would be looking to sign fighters soon.

 

"I think with 50 Cent, with his entertainment connections and his popularity there, combining that with Manny's popularity and expertise in boxing - we can bring a new flavor to boxing," Koncz added. "We can excite some young boxers and I think we can sign some top quality boxers. I spoke to 50 Cent tonight and confirmed that we're going to go forward. Manny is coming here this weekend for other business, but we're all excited about it.  With 50's influence in the music industry, we want to put a different flavor of the shows."

 

Pacquiao's next fight will be against Juan Manuel Marquez on Dec. 8 at MGM Grand Garden Arena in Las Vegas according to the L.A. Times. It will be the fourth time these two have squared off in the ring.

 

No word yet on if 50 Cent and Pacquiao's new company will be involved in this fight

 

 

 

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Tags: 50, Boxing, Cent, Company., Floyd, Form, Involved, Jr., Longer, Manny, More…Mayweather, No, Pacquiao, Promotion, Teaming, To, With

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Comment by M.K.J... on September 13, 2012 at 6:33pm
IDK Y PEOPLE CARE SO MUCH LIKE WHO CARES (THISIS50) 50 DO U MAN LOL...
Comment by DAT DUDE on September 13, 2012 at 6:11pm
50 is in it solely to get a piece of the May/Pac fight. He don't give a damn about the sport. Also , the only way a concert MIGHT work is if he gets some of the Hottest artists out to participate, like Rick Ross.... Wait , he don't mess with Fif. Or Young Money..... Burned bridges. Wait , there's always TI, .... Nope nevermind. Possibly Kanye though.
Comment by G-Unit_Soldier_420 on September 13, 2012 at 6:09pm
this is chess not checkers!
Comment by Bylaw22 on September 13, 2012 at 5:45pm
If people understood his book the 50th law you would know "never show your hand, let them think they know your move then execute. This is brilliant he is removing Top Rank and Golden Boy out of the equation therefore signing boxers to him/pac promo all the while making sure he and floyd are able to corner the boxing market making more entertaining boxing events.
Comment by SMP on September 13, 2012 at 5:32pm
LMAO....JOKE!
Comment by Victor Martinez on September 13, 2012 at 5:25pm
?You should understand 50 makes money with controversy. I bet he is doing it all again starting a buzz with beef. At the end of the day, there boys.
Comment by nameless on September 13, 2012 at 5:25pm
damn.......... pacquiao still aint s*** lol
Comment by NEWSKULL on September 13, 2012 at 5:24pm
With the VIDEO I truly believe s*** is real... FLOYD is not business Man anyway... Dude got gambling problemes... He will probably be broke by 2015...
Comment by G WEST AKA THA GRINCH OF THAWEST on September 13, 2012 at 5:21pm
But good lucc to all of them..hopefully they do whats best for the boxing fan's and rejoin and keep the success and money flowing..b******* and assumptions aside! Nuff said.
Comment by G WEST AKA THA GRINCH OF THAWEST on September 13, 2012 at 5:21pm
Wait let me get this right if I'm indeed looking at the story correctly with only half of the truth the propaganda is putting out..50 cent and may have been long good friends since the Oscar de la hoya days...and then makes guess appearances afterwards interviews and Floyds other fights. Then speaks on starting a promotional company aimed at making boxing more interesting vs the major contender UFC, but then decides to not go into business with Floyd Mayweather after he defeats every contender up, except the three time boxing loser..Manny Pacquiao. And people automatically misinterpret this as being a Genuis? Accusing other blogger's as simply mindless? Well then ask yourself this..why would 50 cent need to form a promotion group, outside his original recorded plan with Floyd..aka the worldwide boxing winner? Who not only has the the financial support..as well as more fans then before he came out of retirement, who didn't even put his father on the payroll..or except him after his own blood related father decided to train "Oscar de la Hoya" to fight against him, but instead payed his uncle..his father's brother. So now as it was stated above..people think "50's" actions are because he's trying to make the fight happen...when truth is "Manny's" career isn't the same anymore, he's looking for revenge scrap fights, he lost major endorsements..and he once had the favor in his hands..as far as being the favored public figure, to supposedly win the fight between the two, but still ultimately refused to schedule a fight with Floyd..who's still on top of his game need I remind y'all, according to his outstanding record ..no brown nosing here, just facts!! And still people consider that "50 cent" attempting to start another promotional company, is a "power move" when he never controlled any of it, in the first place. All was Mayweather's doing and his money team promotion company, before "50cent" came in the picture..meaning Floyd's camp was still eating good on his well accomplished victories..even after his own father left. So why would he then need "50cent" who can't even put his own album out, without permission from Jimmy Iovene's approval..and angry indirect twitter rants about not having that control or power, of his own future projects, but now all of a sudden teams up with "Pac-man" just to get a future fight between them two? Doesn't make sense..business wise, nor does it makes any sense..to back track from a winning team, to a loser team, especially if that wasn't your original plan to the public. Now if you guys call that chess playing, then you really have no idea of how to correctly engage and play chess..which is cause and effect,so if the moves that you're making holds no merit, or progress..but only pawn sacrifice how do you win? Chess is about positioning, not disposition! With that being said, the last time I checked..and I'm a avid chess player..is that if you're out of position, how can you ensure that your attack is beneficial?

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