50 Cent lashed out at boxer Billy Dib this week, after Dib claimed he owed him $1 million for a failed promotion deal.
Dib made the accusations about 50 in an interview with the Daily Telegraph, saying the hip-hop mogul ripped him off.
The boxer says he signed a three-year deal with 50 Cent and The Money Team Promotions in 2012, which was originally a joint venture with Floyd Mayweather. However, Floyd would go on to launch the company without Fif, who would launch his own SMS Promotions, which filed for bankruptcy in last May.
While Dib says he’s since parted ways with 50 Cent, he claims the rapper owes him more than $1 million,
“A lot of people would say ‘Why do you want to get away from 50 Cent, that would be amazing’, but it’s not amazing,” he told the paper. “It was very disheartening, sleepless nights, you wake up for phone calls and the guy would never answer his phone, it was possibly the worst career move that I’ve made in my life.”
50 responded via Instagram, calling Dib “ungrateful” and even says he was “deemed unwatchable by premium networks” before he got involved.
“The truth is Billy Dib is an ungrateful fighter who was deemed unwatchable by premium networks like Showtime and HBO when I met him,” he wrote on IG. “Floyd was mad at me for signing him in the first place. With a record of 35-1 (21 KOs), Dib must have fought 21 cab drivers in Australia because Evgeny Gradovich with a record of 15-0 (8 KOs) beat the sh*t out of him, despite taking the fight on a month’s notice. It’s no secret that the level of competition and talent, fighting in America is the highest. The best fighters in the world come here to fight. 8 Months later, I put Dib on the Manny Pacquiao undercard for the rematch with Gradovich. He got knocked the f*ck out. I can only set the fight up… I can’t fight for you, punk! I didn’t take a dime of your money. They call me a lot of sh*t, but never a thief.”