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50 Cent's TMT Promotions Appears to Be Dead, Dib Now With Mayweather

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Curtis '50 Cent' Jackson said he was going to take over boxing. It doesn't appear as though he'll ever run a show. (Photo by Jeff Bottari/Getty Images)
Curtis '50 Cent' Jackson said he was going to take over boxing. It doesn't appear as though he'll ever run a show. (Photo by Jeff Bottari/Getty Images)
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So much for 50 Cent and TMT Promotions -- or so it appears.

RingTV.com reports that Billy Dib, one of the fighters signed by 50's upstart boxing promotional outfit, has had his contract moved to Mayweather Promotions, and that a source has said the rapper-"actor"-business guy is out of the sport already, having never put on a single show.

Sekou Gary, an attorney who has represented Jackson, contacted Dib's legal representatives to notify the Australian boxer that his TMT Promotions contract has been assigned to Mayweather Promotions and that "50 Cent is no longer involved in boxing."

Dib was signed to TMT, along with Yuriorkis Gamboa, Andre Dirrell, and Celestino Caballero, reportedly. There's no word as to whether or not those guys will also be moved to Mayweather Promotions, which it seems may finally become an actual outfit more than a vanity project and way to make extra money.

Rumors recently have been flying that Mayweather and 50 Cent were at serious odds both personally and professionally. Floyd was seen in Las Vegas last week at the Matthysse vs Ajose show at the Hard Rock, supporting Mayweather Promotions fighters, including J'Leon Love.

TMT's official web site is already down.

What a run it was, huh? I thought it could have worked, but I knew two things for sure:

  • He needed Floyd.
  • He needed serious help from someone who knew the business.

Apparently, he had neither. Looks like Oscar was right. It ain't easy.