Categories: Stadiums & Arenas

50 Cent involved in a scheme to double cross Floyd Mayweather jr with TMT promotions?

The whole situation with Floyd Mayweather Jr., 50 Cent and the formation of The Money Team promotions has been confusing. Especially that part when it was no longer between 50 and Floyd but, with Floyd’s arch-boxing rival Manny Pacquiao. Well, apparently the answer to some of these questions are contained in a few jailhouse letters that were obtained by Fight Hype.

You be the judge, were “fiddy” and and a former associate of Mayweather, Tommy Smalls in cahoots to swindle the boxer?

Summers embarks on a plan to try and convince Mayweather that he would be better off cutting ties with Al Haymon to instead partner with he and 50 Cent. According to Summers, if Mayweather did so, he could potentially make between $500 million and $1 billion dollars before he retires, raking in a whopping $100 million to $200 million per fight. Summers alleges that Haymon, Golden Boy Promotions, and HBO were all in cahoots, hiding money from Mayweather in a deal that was “cut under the table” with MGM Grand. It’s unclear whether or not 50 Cent actually encouraged Summers to contact Mayweather with the alleged information

Judging from the letter that was sent to Mayweather while he was incarcerated, postmarked July 24, 2012, which was exactly 4 days after it was revealed that TMT Promotions was formed, it would seem that the newly created promotional company was more of a joint venture between 50 Cent and Tommy Summers.

Interesting turn of events. No wonder Floyd is giving 50 the side eye. I guess we’ll see how this one plays out. Messy…

Jill Munroe

Jill Munroe is a Los Angeles-based host, producer, and writer. You can find her work on sites such as FoxSports.com, EURweb.com, and MSN.com. Munroe is a current member of the African-American Film Critics Association and the National Association of Black Journalists. Munroe has also been a frequent guest on ESPN radio and Yahoo Sports. In 2015, Munroe released her first book, "PostGame Pass: access into "the life" JillMunroe.com

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