50 Cent splits up with Floyd, eyes Pacquiao

Posted at 09/14/2012 10:52 PM | Updated as of 09/15/2012 6:21 PM

MANILA, Philippines – American rapper 50 Cent is reportedly splitting up with Floyd Mayweather Jr. and is now eyeing a venture with Filipino boxer Manny Pacquiao.

Australian fighter Billy Dib, who was earlier signed to “The Money Team (TMT)” Promotions, has talked about the split between 50 Cent (Curtis Jackson in real life) and Mayweather.

"He (Mayweather) was in partnership with 50 Cent but they've decided not to go ahead with that company and Floyd is going to do his own thing," Dib said in Boxing Scene

The rapper set up TMT Promotion in collaboration with Mayweather after the American boxer was released from jail.

It immediately signed several fighters, including Cuban exile Yuriorkis Gamboa, middleweight Andre Dirrell and Dib.

Dib is staying with Mayweather Promotions following the split.

"This (contract with Mayweather) is a three to four year deal and as I told Floyd this morning, I'm in this for the long haul,” he said.

Fifty Cent, meanwhile, has been holding talks with Pacquiao’s adviser Michael Koncz.

The Canadian said 50 Cent proposed a joint promotional company.

"I've had several conversations and meetings with 50. They approached us with an idea of forming a joint promotional company. I've discussed that with Manny, Manny is excited about it. We have MP Promotions, they have TMT Promotions," said Koncz in RingTV

Koncz likes the idea of a partnership with 50 Cent because of the latter’s connections to the entertainment business.

"I think that it brings a different flavor with the connections that 50 Cent has in the entertainment industry, and with Manny's influence with boxers in the sport. Bringing that together, I think, is good for boxing. I'm hoping that this weekend we can finalize it."