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We told you a few weeks back, 50 Cent’s newly formed boxing promotion company, SMS Promotion was filling for bankruptcy for being $100K-$500K in debt. Well, now 50 is point fingers and isn’t taking responsibility for his lose.
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50 is saying that the reason SMS Promotion failed is because Floyd Mayweather didn’t help him as promised. A new court document says that the promotion company was suppose to be a joint venture between 50 Cent and Floyd Mayweather, but when the boxer pled guilt to a domestic violence charges in 2011, 50 decided to keep going. Now, a year later 50 took to Twitter saying the venture, originally named The Money Team, would no longer be associated with Mayweather, but would now be funded by 50’s SMS Audio.
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Hmmmm, don’t know about this. Seems like 50 just wants to blames someone for the failure of SMS Promotion. What do you think?
