50 Cent expands his business portfolio.
The Nevada State Athletic Commission has approved a promoters license for 50 Cent.
The decision came after Fif and Floyd Mayweather, Jr., has an
apparent falling out. So instead of TMT (The Money Team) Promotions, the
company is titled SMS Promotions.
ESPN
reports that 50's application was approved in a 5-0 vote of the
commission, provided that he provides three more pieces of information
to the commission.
During the questioning process, 50 said of Mayweather, "as he came
out of incarceration (on Aug. 3 after two months in county jail in Las
Vegas) he decided he wanted to do things differently, but I had already
invested $1.5 million in acquiring fighters and I would like to move
forward."