The kid 50 Cent is wasting no time padding his legend as a boxing promoter. According to Bob Arum, the “My Life” MC will team up with Cirque du Soleil to make a spectacular entrance into the ring Saturday night (December 8) at the MGM Grand on the undercard of the Manny Pacquiao-Juan Marquez welterweight fight.
The rapper born Curtis Jackson is promoting Yuriorkis Gamboa, an undefeated Cuban fighter, in his fight against Michael Farenas of the Philippines for the interim WBA junior lightweight championship.
This is Fif’s first fight in Vegas as a boxing promoter after the Nevada State Athletic Commission approved his license to promote boxing under his company, SMS Promotions, last month with a 5-0 vote at its monthly meeting. The Queens representer initially applied for a license under the TMT umbrella, but after longtime friend and business partner Floyd Mayweather did not provide his share of the money he promised to the company, the Street King Immortal MC reapplied for the license under his own imprint.
During his hearing with the commission, 50 revealed that he had invested $1.5 million in acquiring fighters after he and Mayweather agreed to promote boxing together and wanted to “move forward” on his own, despite his dissolved business relationship with the boxer.
As it stands, the G-Unit general’s first promotional outing is a huge success. Arum has announced that all 16,000 seats on the card have been sold, for a live gate total of more than $10 million. Tickets to the pugilistic showcase ran between $200-$1200. The fights will also be shown on HBO’s pay-per-view telecast for $60-$70.