It wasn’t the sex tape lawsuit that started 50 Cent down the road to bankruptcy, it was his failed boxing promotion that started it.
50 Cent wanted to run The Money Team, but when Mayweather decided to stick with Al Haymon (smart move on Floyd’s part), 50 was stuck trying to run his own SMS Promotions and he failed miserably.
Now his boxers want out, but he isn’t answering calls.
It’s all outlined in court docs filed by, Yuriorkis Gamboa in Connecticut and obtained by TMZ Sports …in which Gamboa says his team contacted SMS to negotiate the termination of his contract earlier this year, but he got no response.
Now, he wants a judge to force 50’s company to answer the phone and let Gamboa know if they’re gonna let him go … or try to deliver the fights.
There’s more … another SMS fighter, Ryan Martin, has also filed docs claiming SMS failed him too … so he wants out.
Gamboa has only fought 3 times in the three years he has been with 50, so the right thing for 50 to do is let all these guys go.