50 Cent Levels Tirade Of Abuse Towards Aussie Boxer After Soured Business Deal

US rapper and boxing promoter 50 Cent has levelled a diatribe of assault towards boxer and former client Billy Dib, calling the Australian a “punk”, “ungrateful", and an "unwatchable" fighter — among other things — in a stunning social media tirade early this morning (AEDT).

As ABC reports, Dib had started a business deal with 50 Cent — real name Curtis Jackson — back in July 2012, but the former IBF world champion now claims that, after the boxing promotions company they were involved with went bankrupt, he is owed a sum of money amounting to over $US1 million (more than $1.4 million).

The Australian fighter had broken his peace to The Daily Telegraph on 10 February, saying his venture with The Money Team was the "worst career move", to which 50 Cent had retorted via his Instagram account, stating, "Billy Dib is an ungrateful fighter who was deemed unwatchable by premium networks like Showtime and HBO when I met him. 

50 Cent went on to further lament his dealings with the Australian sportsman in the post, continuing, "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 shit out of him, despite taking the fight on a month's notice."

"[Eight m]onths later, I put Dib on the Manny Pacquiao undercard for the rematch with Gradovich," 50 Cent continued. "He got knocked the fuck 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 shit, but never a thief."

The deal at the centre of the dispute was a three-year multi-fight contract with 50 Cent’s company, which had partnered with undefeated former boxing champion Floyd Mayweather Jr. However, after the New York rapper had suffered a public falling-out with Mayweather — who was in possession of the rights to The Money Team promotional company — Dib found himself at the sole behest of the business acumen of 50 Cent, who, last year, filed for bankruptcy owing $US45 million to creditors.

Dib told The Daily Telegraph that he was only paid a fraction of his total contractual earnings for six scheduled fights, which the newspaper purported to be worth seven figures.

“We have no promotional ties, and thank God I’ve finally gotten away from 50 Cent,” he said.

Dib is set to return to the ring for a fight with Thailand’s super-featherweight Sukkasem Kietyongyuth, who is not a cab driver, on 26 February at Sydney's Emporium Function Centre.

See 50 Cent's full post below.