Curtis James Jackson III, better known by his stage name 50 Cent, was Floyd Mayweather's best friend and business partner until recently.
All of the details are not yet known but Fiddy and Floyd, once inseparable, appeared to have fallen out or had a bitter disagreement during or soon after Mayweather's incarceration.
In July, it was announced Fiddy's TMT (The Money Team) Promotions had officially launched, was fully licensed in New York and had submitted an application for licencing in Nevada. And later that month, Floyd Mayweather and Fiddy appeared to be flying high, having acquired several big names such as Yuriorkis Gamboa, Andre Dirrell, Billy Dib and Zab Judah.
There were also rumors that 50 Cent and TMT Promotions would promote Floyd Mayweather's next bout as well as the biggest fight in history - Floyd Mayweather vs Manny Pacquiao.
But things have changed... A lot.
Fighter Billy Dib, formerly of the presumed defunct TMT Promotions, stated:
"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."
And Michael Koncz, Manny Pacquiao's adviser, confirmed with BoxingScene yesterday that PacMan and 50 Cent are aligning to launch their own boxing promotion company and that Floyd Mayweather will likely not be involved.
"50 Cent and I have been talking now for maybe the last two months. They approached us with the idea to form a promotional company. Initially it was going to be 50 Cent, Manny and Floyd. But right now I don't think Floyd is going to be a part of it."
"I explained the idea to Manny. We already have a promotional company, MP Promotions, and we have already done three separate promotions from Top Rank...on a smaller scale," Koncz told BoxingScene.com.
Allegedly, 50 Cent still values Mayweather's friendship and doesn't believe his allignment with Floyd's Filipino rival will alarm the top pound-for-pound fighter.
Fiddy stated earlier today on a morning radio show:
"Floyd is a friend of mine. I look at Floyd like he's my younger brother. ... He earns so much that he just spend. Run around and spend what he want. So, there's no urgency, to anything. And when the communication breaks and it starts to not be – Look, my concept of TMT is 'the fight you want to see'. It's Floyd [Mayweather and] Manny Pacquiao, the fight."
"Well, I don't think [that Floyd would get upset over this venture]. I think he'll go 'I wish him luck.' ... It's not like I'm not in communication with him. I texted him and told him everything."
Fiddy broke the news via text? Perhaps that's all we needed to know about their "friendship."
So what does this mean for a possible Mayweather vs Pacquiao match-up next year? If the biggest fight in history was in jeopardy before the Mayweather-50 Cent split, things are even more muddled now.
But one thing is for sure... Fiddy is serious about his boxing promotion venture and apparently has his own agenda and won't allow anyone, including Floyd Mayweather, get in his way or deter him from his course of action.
On the surface, the Mayweather-50 Cent partnership seemed like a good fit... Certainly better than Pacquiao-50 Cent.
Will Fiddy's partnership with Manny Pacquiao reep huge dividends?
Maybe they're not Oscar Madison and Felix Ungar, but Manny Pacquiao and 50 Cent are certainly an 'odd couple.'
"Manny is coming here this weekend for other business, but we're all excited about it. With 50's influence in the music industry - we want to put a different flavour on the shows," stated Koncz.
Sit tight. Things have just gotten more interesting in the colorful world of pro boxing.