THE MONEY TEAM PROMOTIONS CONTINUE TO MAKE POWER MOVES
By: UK Boxing Writer, Jai Singh
The future of the newly found ‘The Money Team Promotions’ looks to be extremely promising as Celestino Caballero switched his contract to the newly-formed ‘TMT’ outfit and became the sixth fighter to sign up with 50 Cent and Floyd Mayweather.
The two long-time friends set-up the company in the last few weeks and had already signed unbeaten former world featherweight king Yuriorkis Gamboa (21-0, 16 KO’s) and WBC number one super-middleweight contender Andre Direll (20-1, 14 KO’s), before adding three more this week.
Current IBF mandatory light-welterweight challenger and five-time world champion Zab Judah (42-7, 29 KO’s) was snapped up along with current IBF featherweight titlist Billy Dib (35-1, 21 KO’s). According to rumours fueled by cryptic tweets and insider rumblings, former WBC and IBF welterweight champion Andre Berto has now also sealed a move to TMT.
50 Cent has already told the boxing world to expect ‘more surprises’ in the coming weeks as Mayweathers recent release from jail means the two can then commence building their own empire within the sport to try rival Top Rank and Golden Boy Promotions.
‘Money’ may also be ready to sever his ties with the latter company after involving them in his recent contests and his Mayweather Promotions brand could now be wound down to accommodate the new entity.
What this means to boxing is very clear– There’s a brand spanking new player in town… And this player has money, name recognition, mainstream media access, and the muscle of America’s top boxing name behind it.
Like it or not, The Money Team is in the right place at the right time to make some major changes to boxing and to the way promotional companies manipulate the sport. Some may openly wish for the changes to be for the better, but given the sorry state of boxing’s politics and its stifling promotional turf wars, any changes will likely be for the better.
50 Cent has also mentioned the possibility of a Floyd Mayweather vs. Manny Pacquioa
Hopefully, Mayweather, 50 Cent, and the rest of The Money Team will avoid some of the cynical and corrupt business moves that have become standard practice within the lucrative industry.
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Best thing since sliced bread
The Sport of Boxing needs more truly interested promoters, who really want the athletes to benefit from the sport and the fans as well.
If 50 Cents can deliver this, more power to him!