There has been a lot of speculation recently regarding an apparent conflict between longtime friends 50 Cent and Floyd Mayweather Jr. Until now none of the reasons seemed legitimate, but a series of letters written to Floyd while he was in jail may provide a clue.
Former Floyd associate Tommy Summers, A.K.A. Tommy Smalls, reached out to the boxing champion while he was incarcerated and tried to convince him that his longtime adviser, Al Haymon, had cut deals behind his back to hold fights at the MGM Grand in Las Vegas costing Floyd millions of dollars in the process. Summers also accused Haymon of funneling all of his fighters to rival promotional company Golden Boy instead of Floyd's Mayweather Promotions.
"All the fighter that Al Haymon got he signed them to Golden Boy, not with us," Summers wrote. "You let him eat with you and you can't eat with him. HBO told 50 Cent on the low that Al Haymon has 20 dates over a period of years on your name. F*ck that."
Summers goes on to explain further how Haymon basically stole money from Floyd by doing side deals.
"You fought Oscar [De La Hoya], [Ricky] Hatton, [Shane] Mosely, [Manuel] Marquez, [Victor] Ortiz, [Carlos] Baldimore and [Miguel] Cotto. All at the MGM Grand. The deal was cut under the table. That site fee and gate money ain't sh*t. G.B. and Al already took the money to bring you to Vegas and fight here at MGM. It's worth over $150 million dollars. D. King did not bring Tyson to Vegas at MGM for only gate money. You are worth more, do your own thing. You never got the things you wanted from MGM because they got it already. Over $100 million over 8-fights. Trust me I know."
Summers explained that when Floyd got out of jail there would be big money deals on the table from people like Jerry Jones, Steve Wynn and either Hank Steinbrenner or Hal Steinbrenner to hold fights at their stadiums in front of 75,000 to 100,000 fans each time out.
"You can make $500 million to $1 billion before you quit and after," Summers insisted. "That old Golden Boy sh*t is over. You gonna make $100 million or more a fight. You made Golden Boy and Al Haymon a lot of money. Game over!"
Floyd evidently did not believe Summers. Summers and 50 Cent are now attempting to do business with Manny Pacquiao by forming a new boxing promotion company. Could that be the reason for the recent friction between Floyd and Fif?.
Read the letters below and decide for yourself.
Spotted at IFWT