50 Cent is getting into boxing promotion. The rap mogul just started a boxing promoting company, TMT, standing for The Money Team.

He's licensed TMT in New York and he's in the process of applying for a license in Nevada, reports say.

Sources say that TMT Promotions is looking to sign former featherweight title holder Yuri Gamboa and super middleweight contender Andre Dirrell, as well as continue to work with Fif's longtime friend Floyd Mayweather.