SMS Promotions goes belly up, files for bankruptcy.

Discussion in 'World Boxing Forum' started by Badbot, May 26, 2015.

  1. Badbot

    Badbot You can just do things.

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    50 Cent failed to find success in boxing.
    Up to 500k in debts.
     
  2. Karl

    Karl Well-Known Member Full Member

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    Too bad. We need as many promotors in the game as possible.
     
  3. If you want to be a boxing promoter you have to be dedicated to the sport. He was just riding coattails and treating boxing like a street hustle. Plus he tried to snake Al Haymon when Floyd was in prison.

    He treats his fighters like **** and can't even get them a gym fight without controversy. Good riddance Fif:hi:
     
  4. Forza

    Forza Obsessed with Boxing Full Member

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    gamboa is an idiot
     
  5. DoubleEdge

    DoubleEdge The king of Kings banned

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    **** 50 cent!!
     
  6. larryx2012

    larryx2012 I AM BETTER THEN YOU Full Member

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    wow how are they 500k in debt and he has over 300 million?
     
  7. larryx2012

    larryx2012 I AM BETTER THEN YOU Full Member

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    50 cent burned to many bridges before he even started.

    1-Messed up with Floyd
    2-Messed up with Oscar
    3-Messed up with Haymon

    those are 3 big major players
     
  8. Console Command

    Console Command Well-Known Member Full Member

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    50 cent should keep rapping and stop promoting.
     
  9. TheDarkLord

    TheDarkLord Boxing Addict Full Member

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    will be a ltd company
     
  10. PJ

    PJ Well-Known Member Full Member

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    Someone find the threads talking about 50 cent taking over boxing
     
  11. 941Jeremy

    941Jeremy Active Member Full Member

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    It seems very difficult to be a successful promoter due to the current landscape of boxing. A guy like 50 who's worth just as much as Oscar and Arum can basically be blackballed from relevant bouts. And when he was given opportunities for his fighters it was almost laughable and unfavourable circumstances. Gamboa going up two weight classes to take on the best guy at lightweight and Kirkland fighting the second best Jr.Middle after a year and a half layoff.His stable was too small and no promoter was willing to consistently sacrifice one of their gatekeepers to provide showcase fights for his fighters. Best to cut his losses while they're minimal as opposed to continuing investing in a stagnated business.
     
  12. Leoh

    Leoh Boxing Junkie Full Member

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    "They like me, I want them to love me like they love 'Pac"

    Apparently they didn't.
     
  13. southphillman

    southphillman Active Member Full Member

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    The fact that 50 failed says more about how corrupt boxing is than anything else.
    His fighters are exciting.....that should have been enough for him to be successful.
    Al Haymon basically had to back door his way in to the industry on the back of the biggest star in the sport while being sleazy behind doors.
     
  14. The General

    The General Boxing Addict Full Member

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    didn't he leave the arena and leave gamboa after he lost, (in an incredibley valient effort and put on a great show i might add)?

    if so goodluck and good riddence
     
  15. Kush

    Kush Obsessed with Boxing Full Member

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    That's what Dumboa gets for ducking Rios