50 Cent Founds Boxing Promotion Company, Is Expected To Sign Two Fighters

50 Cent is on to the next business venture, as he enters the world of boxing promotion.

50 Cent's longstanding friendship with championship boxer Floyd Mayweather is no secret. Fif has regularly attended Mayweather's fights, and has participated in the fighter's entrance to the ring several times.

Now, 50 looks to begin his own boxing promoting business, founding TMT Promotion, with the TMT standing for The Money Team.

The Vitamin Water mogul and purveyor of video games, energy drinks, and various books has TMT licensed in New York, and is in the process of applying for a license in Nevada.

Sports Illustrated reports that 50 will be working with Mayweather, and that he is expected to sign former featherweight title holder Yuri Gamboa and super middleweight contender Andre Dirrell.

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EXCLUSIVE: Estate Of Notorious B.I.G. Denies Connection To Men Arrested In Book Theft

(AllHipHop News) Representatives for the estate of the Notorious B.I.G. have denied reports that they are connected with a musical about the rapper’s life, after two men were arrested in connection with a bizarre theft from a bookstore on Tuesday (July 17).

Writers Alfred Green and Raheim Pope had claimed they were producing a musical titled “Ready 2 Die,” which would focus on Notorious B.I.G.

Green and Pope were arrested for stealing $888 books from a Barnes & Noble in Westport, Connecticut.

The two men initially denied the stolen booty found in a Jaguar with Georgia plates was theirs.

At the station, a tip from Green lead to a cavity search of Pope, who had hidden the key to the getaway Jaguar in his rectum.

“Please note that this is an unauthorized play. Our firm has previously sent a cease and desist notice and any association with the Estate of Christopher Wallace or Notorious B.I.G. are unauthorized,” a rep for Notorious B.I.G.’s estate told AllHipHop.com.

Green and Pope issued a casting call for the unauthorized play back in March, but the estate warned B.I.G.’s fans that they are not supporting the musical.

“There is no connection or association between the Estate of Notorious B.I.G. and Alfred Green and Raheim Pope,” the rep told AllHipHop.com.