While it's clear 50's company isn't taking off the way he envisioned, this doesn't necessarily mean he is done. Some companies file for bankruptcy as a strategy to have debts reorganized. This is probably his way of trying to hit the reset button.
According to TMZ, legal papers show 50 Cent's SMS Promotions filed for bankruptcy in Connecticut court on May 25. 50 Cent's company recently put on a fight card in Connecticut on May 15. The papers showed the company had debts of between $100 500K.
锘?0 Cent's boxing company files for bankruptcy
50 Cent's boxing promotional company has filed for bankruptcy, but that does not mean the rapper is exiting the business.
50 Cent has been a boxing fan his whole life and used to be best friends with Floyd Mayweather, whose promotional company is thriving. In 2012, Fiddy signed boxers like Andre Dirrell and James Kirkland. Though his company may be in trouble, we doubt Fiddy's overall finances are hurting, especially if he really placed that $1.6 million bet on Mayweather over Manny Pacquiao.
The Trojans earned 21 of 45 votes, edging out the defending Pac 12 champion Oregon Ducks, who received the second most championship votes with 17. The Ducks and Trojans meet Saturday, Nov. 21 in Eugene in a potential preview of the Pac 12 title game.
Oregon and USC last faced in 2012 a 62 51 shootout won by UO in Los Angeles with the Ducks taking three of the last four meetings. The road team has won each of the last three games in the series.
USC was voted the overwhelming favorite to supplant Arizona as the Pac 12 South champion with 32 first place votes, followed by Arizona State and UCLA. Oregon (37 first place votes) was again picked to claim the North Division, with Stanford and Cal voted second and third, respectively.
The Ducks on Thursday were ranked fifth in the preseason USA Today coaches poll, while the Trojans came in at No. 10.
锘?2 championship in preseason media poll
The media poll has correctly selected the conference champion in 29 of 54 previous polls, including 12 of the last 15. Below are the results of the preseason media poll (points 6 5 4 3 2 1, first place votes in parentheses):
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