Boxing for a long time has been controlled by two promotional companies, Golden Boy and Top Rank. 50 Cent (along with Jay Z) tried to change that by creating his own company, SMS Promotions. It was supposed to be done with his friend Floyd Mayweather but the two fell out and Floyd moved forward with The Money Team and 50 on his own with SMS Promotions. 50’s promotional company didn’t last very long and filed for bankruptcy in May of last year. In 2012, Billy Dib signed a three-year multi-fight contract with 50 Cent. Now Dib in an interview with The Daily Telegraph, says he was paid only a fraction of what he was owed by 50 Cent over six fights, and while he won’t go into specifics on the numbers, it was estimated to be around $1 million. 50 Cent caught wind of the article and fired back at Dib on his Instagram account.
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