The Money Team, founded by the undefeated boxing legend Floyd Mayweather, has become a powerhouse in the world of sports and entertainment. Established in 2007, it has continually evolved, amassing an impressive roster of elite fighters and captivating audiences with thrilling events. Although, there have been criticism over the actual worth of their business, it is hard to deny their impact on popular culture.

Despite this, one of the co-founders of the team recently revealed why there has been a shift in the dynamics of the team. In addition, while expressing gratitude towards Floyd for his contributions he clarified that he was no longer actively involved with the Money Team.

TMT co-founder reveals why he trusts Floyd Mayweather Jr.

In a recent appearance on the Iced Coffee Hour Podcast, the co-founder claimed that he handed away his ownership to ‘Money’. However, he maintained that he was still an owner on paper but did not take part in the day to day activities of the organization.

“I have ownership of it, but I pretty much gave it to Floyd. Because Floyd knows I’m doing my thing, just told Floyd thank you for everything. So he got a whole new team running it. I’m not active whatsoever with the Money Team. But yeah, on paper, I still have ownership.” he said

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While the co-founder acknowledges his ownership status, it is clear that he has chosen to entrust the day-to-day operations to Mayweather and the new team. This decision reflects a recognition of ‘TBE’s’ influence, expertise, and ability to lead TMT to new heights. This was not all as the founder also revealed a remarkable aspect of his journey and the unexpected collaborations it fostered. Mayweather’s influence led the cofounder to have encounters with two global icons, Justin Bieber and Mike Tyson.

TMT co-founder thanks Mayweather for giving him the opportunity to meet Mike Tyson and Justin Bieber

The co-founder acknowledges Mayweather as the trailblazer who paved the way for their entry into the business. His mentorship led to encounters with renowned figures such as Tyson and  Bieber. These meetups would eventually lead to collaborations with Nelk, Full Send, and Happy Dad which made the business grow substantially.

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“I always give credit to Floyd for being the first person to get into this business. Floyd led me to Mike Tyson, Floyd led me to Justin Bieber. Justin Bieber led me to Nelk. Nelk led me to Full Send and Happy Dad, you know? Like, I always go back – Floyd led me to Bieber, and Bieber led me to Kyle and Steve, and now we have the Full Send and Happy Dad.” he added

The journey of the co-founder has been shaped by a series of influential connections and expressions of gratitude. Starting with Floyd Mayweather, who paved the way in the business, it led him to encounters with Tyson and Bieber. Moreover, each step in this chain of influence led to new opportunities which only grew the team into what it is today.

What did you think about the ‘TMT’ co-founder being an owner just on paper? Let us know in the comments.

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