(EXCLUSIVE) 50 Cent Fires Back at Boxer’s Attempt to Void Contract w/ Promotion Company

October 18, 2015 by in Latest News with 0 Comments
50 Cent Boxing Co. Bankruptcy - Lightweight Champ Demands His Contract Be Voided-the jasmine brand

50 Cent, Ryan Martin

 

theJasmineBRAND.com exclusive reports, Curtis ’50 Cent’ Jackson is blasting the fighter signed to his boxing company – who is attempting to have a bankruptcy judge void his contract – with the rapper heading to court demanding the boxer’s deal NOT be terminated and he be forced to stay with him.

As previously reported, this year the rapper/mogul’s boxing company SMS Promotions filed for Chapter 11 bankruptcy, stating it had between $100k – $600k in debt — only 3 years after it launched strong by signing various boxing champs. According to court docs in the bankruptcy, SMS Promotions stated their liabilities over $2.3 million dollars and only $644,903 in assets.

People come into your life but only a few can change it! #423 #SMS #Frigo #EverLast #AO #Savages #NikeBoxing

A photo posted by Ryan D Martin (@bluechipboxer) on

However on September 30th, lightweight champ Ryan Martin filed docs in the bankruptcy explaining he was screwed over by SMS Promotions and demanded his contract be voided ASAP.

[READ MORE ON THE NEXT PAGE.]

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Authored by: TJB Writer

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