Boxing Promotion
On July 21, 2012, 50 Cent announced that he became a licensed boxing promoter, for his new company TMT, short for The Money Team. He acquired a license to promote in the state of New York and is in the process of being licensed in Nevada, where most of the big money fight events are held. As a former amateur boxer himself, 50 has a keen eye for talent. He has already signed gold medalist and former featherweight champion Yuriorkis Gamboa and middleweight, and former Olympic medalist Andre Dirrell. On July 29, 2012, 50 Cent and his close friend Floyd Mayweather, Jr. signed IBF Featherweight Champion, Billy Dib. They also revealed plans to challenge MMA for box office dominance and change the landscape of boxing, with TMT Promotions. The boxer Zab Judah stated a deal with 50 Cent, making him a possible fourth athlete signed to the company.
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