50 Cent Owed $2.3 Million From SMS Promotions

By Staff  |  06/12/2015

50 Cent

Weeks after 50 Cent's SMS Promotions filed for bankruptcy, claiming debt between $100,000 and $500,000, new docs reveal even more debt.

According to The Jasmine Brand, bankruptcy docs were recently refiled, revealed that $2.3 million is owed to 50 Cent.

The boxing promotions company launched in 2012, running for three years, before filing Chapter 11 bankruptcy protection. During those years, the company signed some big names to its roster, including Yuriorkis Gamboa, James Kirkland and Olympic medalist Andre Dirrell.