Curtis “50 Cent” Jackson‘s boxing company SMS Promotions has been sacked with financial woes as evidenced by the ongoing developments regarding its Chapter 11 bankruptcy filing. Despite signing top boxing talent, the company struggled to turn a profit and Jackson is blaming SMS Promotions’ flop on Floyd Mayweather’s 2012 prison sentence.
For years, Curtis “50 Cent” Jackson has been displaying a level of business savvy that has led the Queens rapper to mogul status. But the magic he’s been able to wield before fizzled with his boxing company, SMS Promotions, which 50 Cent says owes him $2.3 million in back loans.
Curtis “50 Cent” Jackson’s moves to enter the world of boxing as a promoter are bearing fruit, as the rapper will put on his latest card tonight (July 24) at the Roseland Ballroom in New York City. Billed “Broadway Boxing,” Fif’s SMS Promotions will partner with veteran Lou Dibella’s Dibella entertainment for the show.
50 Cent has been charged with domestic violence in California. He stands accused of kicking his baby mama and destroying property in her condo back in late June.
50 Cent is on undoubtedly one of Hip-Hop’s greatest rags to riches tales ever. Having ascended to one of the culture’s most successful figures, despite being previously most known for getting shot nine times, the G-Unit frontman is focused on the release of his forthcoming album Street King Immortal and boxing promotions company SMS Promotions. He […]
