Hold up: Even though he's no longer Floyd Mayweather's BFF, 50 Cent is still gonna go through with the boxing promotion thing?! It sure sounds like it. Yesterday, Fif was granted his boxing promoter's license in Nevada, so he'll be able to start promoting fights in Nevada soon.

Watch the clip above to hear ESPN boxing writer Dan Rafael break down exactly what that means and what SMS Promotions will need to do to get off the ground. Good luck, 50.

RELATED: 50 Cent is Now an Officially Licensed Boxing Promoter in New York

[via Rap Radar]