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50 Cent continues to turn business deals into money makers. Now The Money Team takes on a whole other meaning as 50 Cent has become a licensed boxing promoter in New York. The rapper is expected to collect a Nevada license which is the next major step.

Sports Illustrated is reporting, “Curtis Jackson, has founded TMT Promotions — short for The Money Team…In addition to working with longtime friend and pound-for-pound king Floyd Mayweather, industry sources say TMT Promotions is expected to sign former featherweight title holder Yuri Gamboa and super middleweight contender Andre Dirrell.”

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You may think this is just another crazy 50 scheme, in actual this may be very good for the sport of boxing. With MMA and UFC taking over the pound for pound attention aspect, boxing is in desperate need of a boost. 

Can 50 Cent and The Money Team provide that?

  – Sean Lynch (@Kiddfuture)