In mid July, about three weeks before Floyd Mayweather was to be released from jail for domestic abuse, 50 Cent applied to get a boxing promoters license in Nevada: This was the birth of TMT promotions. The moniker TMT (which stands for The Money Team) was one that Floyd Mayweather birthed, so it was assumed that TMT would promote Floyd and a number of other well-known boxers the company snatched up, including Yuriorkis Gamboa, Billy Dib and Andre Dirrell.
If you thought that, you would be wrong.
Last night, despite the fact that Floyd was seen rocking the hat recently, TMT was officially put to rest with these tweets:
“TMT IS OVER the money team is no longer a team. So it SMS promotions that’s it thats all.SMSaudio”
“I’m no longer apart or down with TMT promotions. SMSaudio. If anyone wants a money team jacket I’m selling mine for a dollar. The nap back hat comes with it. That’s a fare price. SMSaudio”
“I move the fighters to SMSpromotion cause the other half of the money team .Didnt put up there$MONEY$.SMSaudio. Get your TMT sweat suit NOW!! For just $7.99 on line No shipping and handling.SMSaudio”
Along with the promotional company, it seems like their friendship, which has been one of the more notable ones, is shattered.
So what happened?
The story hasn’t been fully told yet, all we are left with is a trail of clues.
Scroll down and read as we try to piece together what happened between Floyd and 50.
That was everyone’s reaction when we first saw rapper 50 Cent kicking it with Floyd Mayweather in 2006, during the buildup to the mega fight between Mayweather and Oscar De La Hoya. The friendship was best projected during HBO’s 24/7, where the two can be see clowning around (50 even walked Floyd out to the ring fight night.)
From there, the two seemed irreplaceable. They seemed to do everything together, from appearing on the cover of XXL to sh*tting on Rick Ross. The problems between the two are mostly recent. However, one thing that stood out was a fistfight they had back in 2008. It involved money that 50 claims that Floyd owed him. The fight seemed to be squashed right away.
Then in the summer of 2012, Floyd heads to jail for domestic abuse. If you saw the 24/7 coverage leading up to Floyd’s fight with Miguel Cotto, then you would think all was good between the two, who were yucking it up throughout. Like we mentioned before, while Floyd was in jail, 50 started up TMT and gathered a number of boxers. Things seem so good between them that 50 picked up Floyd from jail when he was released.
That’s Floyd Mayweather’s fiancée and she is in the middle of all of this. Around the time Floyd came home, rumors about an affair between 50 Cent and Miss Jackson started spreading rapidly. As you can see, at the Freelancers premiere a couple of months ago, things were a little awkward, to say the least.
About a month later, news came out that 50 was doing some kind of business with Manny Pacquiao, the rival boxer of Floyd Mayweather. Some speculated that this was in regards to a potential megafight between Floyd and Manny, but this seems unlikely, considering that Floyd is nowhere in the picture throughout this time. In an interview with Power 105, 50 still seemed like he could make the megafight happen, even though he was throwing some shade at his BFF in the process.
In an interview with Rickey Smiley, 50 Cent continues to hint that all isn’t good in Floyd land:
“[The issues between us] really comes from … everybody around him is waiting on the next time he feels generous. And I have a lot [of money], so I don’t wait for nobody,” the rapper said in the interview. “I’ll go do what I gotta do. I don’t have to sit around and wait for the next time he feels like giving somebody something.”
Floyd responds to 50, but he takes the high road and he tries to keep the peace. In an interview with FightHype, which has a good relationship with the fighter, Floyd talked about any kind of beef, saying:
“It’s not that we’re beefin’. You gotta realize, 50, he travels a lot and he has other stuff. He’s got his headphones, he has his energy drink, you know, he makes appearances overseas, so he’s very busy, and I’m making a lot of appearances, so a lot of times, two people may not always be on the same page, but that don’t mean it’s a hate-hate relationship. Everybody wants to see me and 50 bump heads.”
The most damning piece of evidence of why the relationship between the two went sour came on a report in FightHype put up on October 12. The story details how Tommy Summers, a friend of 50 Cent, wanted Floyd to cut ties with the boxer’s advisor, Al Hayman, who has been with Floyd with years. FightHype was able to get physical evidence, which included a letter. It seems that in the end, Floyd had to choose between Al Hayman and 50 Cent and Tommy Summers, and he chose Al Hayman.