By Shawn Craddick
I was sitting in my car the other day talking to a trainer from Houston, TX and we were discussing the future of boxing. We talked about the Adrien Broner fight and then the James Kirkland fight. Somehow we got on the subject of Boxing Promoters. After we got done talking, it made me think. There are 3 Black owned Boxing Promotion Company's right now. Let's take a look at the 3.
First let's start off with Floyd Mayweather who owns Mayweather Promotions. Now Mayweather Promotions has been around for years but was mostly geared around Floyd only. When you have your own promotion company you can get a little bit bigger piece of the pie. Over the last 2 years though, Floyd has evolved it into a stable of young talented fighters. Floyd has a great mastermind behind him by the name of AL Haymon. One thing you can say about AL is that he is ALWAYS going to maximize your profits. Mayweather Promotions is Black Owned.
Next up you have the new start up which is SMS Promotions who is founded by Curtis Jackson a.k.a. 50 Cent. I believe he has been around for a little over a year now. Everyone can recall that when Floyd was in the process of doing jail time, it was supposedly agreed that 50 and Floyd where going to run a new promotional company called TMT Promotions. Somewhere that broke down and never happened. 50 Cent went on and formed SMS Promotions. He has a couple of marquee stars such as Yuriorkis Gamboa, Andre Dirrell, Billy Dib, and recently signed James Kirkland. 50 Cent has a young roster of kids that he is building up right now also. We believe that 50 Cent is trying to create a "Big Apple" boxing series in New York. SMS Promotions is Black Owned.
Last but not least is Roc Nation Sports. Formed in 2013, Roc Nation Sports was founded by Shawn "Jay-Z" Carter and co-partner Creative Artists Agency, a well regarded talent agency based in Los Angeles. Although Roc Nation is known as a Management Company, I keep hearing rumors that it "MIGHT" take on the role of being Boxing Promoters. We don't have the full scoop yet. Jay Z shook the world when he came in with Roc Nation Sports and signed the likes of Geno Smith, Kevin Durant, Victor Cruz, Robinson Cano, and Skylar Diggins. He has signed high profile clients. Next up, we hear that he is looking to sign some boxers. I can see alot of people wanting to jump ship to sign. Although he is still very very green in the business, I'm sure he has the connections to make things pop off. Boxers that love rap artist, will most likey jump aboard. Roc Nation Sports is Black Owned.
Can these 3 Blacked Owned Promoters/Management Group take over the likes of boxing. You have guys that have been in the game for years like Toprank, Goldenboy Promotions, Lou DiBella Promotions, and others. 2014 will be an interesting year because those who have "TV dates" are those that REALLY own boxing.