Floyd Mayweather Bamboozled 50 Cent for About $2 Million Says the Rapper

By Maurice Manning | Dec 03, 2012 12:39 PM EST

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Money and business issues have created a rift between former friends, 50 Cent and Floyd Mayweather. Both of them have agreed to go their separate ways. The bromance between the boxing champ and the rapper seems to be well and truly over.

50 Cent revealed in an interview on Power 106 in Los Angeles, Nov. 29 that Mayweather had asked him to help run the Mayweather Promotions company before he went to jail to serve his three-month sentence.

"I took a look and I realized there is no Mayweather Promotions. There's no LLC. There's no seal. It's not incorporated. When he says help him with Mayweather Promotions and it's not there, I say, 'Okay, I know what he means.' He wants me to put it together for him," said 50 Cent, according to MTV.

50 Cent went about building the business up and established The Money Team Promotions. He signed up boxers and negotiated contracts.

Problems started when Mayweather came back from jail in August and started to ask for his share.

"I'm sitting there going, 'When you gonna give me the money...when you gonna give me your half back?'" said 50 Cent. "But, I ain't tryin' to press him because he just got out of jail."

Mayweather said he had never okayed 50 Cent to start up a new company. In November, both former friends pitched insults at each other on Twitter. Though Mayweather claimed later that the rift was just a marketing strategy, a claim he retracted and confirmed that the rift between them was real.

Manny Pacquiao, Mayweather's rival, and 50 Cent have been in talks to start a promotions company, MTV reported.

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