SMS Promotions goes belly up, files for bankruptcy.

More competition is definitely good, but not at the expense of the sport's reputation. These musicians should go back to where they dominate and stay away from sports.

 

I think you're right there, and boxing politics makes it very difficult for a new guy to come along and do that in a short period of time. For those saying that $500k is nothing compared to what he has, I think he just decided to cut his losses while he was only down that much rather than risk much, much more trying to make the company a long term success. This is probably a smart move on his part.

 

I highly doubt that.

 

Signed too many glass jaws.

 

http://www.boxingforum24.com/showthread.php?t=539486

 

500k debts? thats nothing


50 cent is worth like 140 million from water business

 

corporate assets/liabilities are corporate...you can liquidate your offices etc...protect your personal assets...if you are a corporation.

'Murica

 

This started off good and can only **** up from there......which he did

 

Back in 2012 those were some pretty good names to sign, but it didn't really work out that well haha.

 

Good serves him right for talking all that **** about Mayweather.

He still making music?

I ain't heard him in a while.

 

"Fiddy cent" is an utter joke, as was his excursion into the world of boxing promotion. His only talent was in spotting a papier mache chin and making no money from it.

 

http://www.fightnews.com/Boxing/50-cents-boxing-company-goes-bankrupt-292092

 

That,s a bad rap for Boxing....

 

Well that didn't take too long....

 

Jay z take note