This was just a matter of time. He spends so much time with Floyd Mayweather that 50 cent surely has picked up a few things about the business. I’m not mad at him. From Chris Mannix at Sports Illustrated…

Rapper 50 Cent is getting into the boxing promoting business.

The platinum selling artist, whose real name is Curtis Jackson, has founded TMT Promotions — short for The Money Team — which has been licensed in New York and, according to Nevada state athletic commissioner Keith Kizer, is in the process of applying for a license in Nevada.

In addition to working with longtime friend and pound-for-pound king Floyd Mayweather, industry sources say TMT Promotions is expected to sign former featherweight title holder Yuri Gamboa and super middleweight contender Andre Dirrell.

A call to Mayweather Promotions CEO Leonard Ellerbe was not immediately returned.